Technology Investment

The death of Steve Jobs was a tragic loss to the world, but also to the technology sector. Much has been written about this brilliant man, a clever business man with vision, passion and drive, partnering with a smart engineer like Steve Wozniak to create brilliant technology that was user friendly, but also sophisticated.

[http://www.independent.co.uk/news/obituaries/steve-jobs-apple-cofounder-hailed-as-one-of-the-most-important-pioneers-of-the-modern-computing-age-2366680.html]

What is just incredible is the share price growth of Apple. Between 1997 and 2011, the stock as grown by 9000%. In that same period, the share price of the rival Hewlett Packard has shrunk by 48%. Thus technology investment has risks and rewards.
Thus investing £100 in 1997 in Hewlett Packard would have been pretty tough to swallow, with that £100 being worth £52 today. Hmmmmm, a grim investment return. Thus diversification into a technology funds is a good way to get exposure into the technology sector, some great funds with great holdings are easily accessible to retail investors.

(http://i.legalandgeneral.com/consumer/investments/products-and-funds/index-tracker/investments-productsandfunds-indextracker-fund-globaltech.jsp)The Legal & General Technology Index Fund, 13% of this £20m fund is in Apple !!!

[http://www.polarcapitaltechnologytrust.co.uk/]
Polar Capital Technology Investment Trust, 10.2% of this £413m fund in Apple and 4.2% in Google.

[http://www.rcm.com/investmenttrusts/investment_rcm.php]
RCM Technology Trust 4% of this £80m fund is in Apple.

[http://www.henderson.com/sites/henderson/uk_pi/FundCentre/ProductDetail.aspx?xfid=8]The Henderson Global Technology fund, 9.8% of this £340m fund is in Apple.

As you can see, Apple features very high in technology funds, as today when one thinks of a technology pioneer and the bell weather of the sector, Apple is that company.

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