{"id":324,"date":"2013-10-07T07:02:19","date_gmt":"2013-10-07T07:02:19","guid":{"rendered":"http:\/\/www.asadkarim.co.uk\/?p=324"},"modified":"2013-10-07T07:37:24","modified_gmt":"2013-10-07T07:37:24","slug":"fund-focus-the-polar-capital-investment-trust","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=324","title":{"rendered":"Fund Focus: The Polar Capital Technology Investment Trust"},"content":{"rendered":"<p>The <strong>Polar Capital Technology Investment Trust<\/strong> is a FTSE Listed Investment Company (<strong><em>Investment Trust<\/em><\/strong>) that buys shares in technology companies.<\/p>\n<p>[<a title=\"The Polar Capital Technology Investment Trust\" href=\"http:\/\/www.polarcapitaltechnologytrust.co.uk\/\" target=\"_blank\">http:\/\/www.polarcapitaltechnologytrust.co.uk\/<\/a>]<\/p>\n<p>The\u00a0financial fundamentals are:-<\/p>\n<p>[<a title=\"Financial Fundamentals\" href=\"http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=12294&amp;record_search=1&amp;search_phrase=pct\" target=\"_blank\">http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=12294&amp;record_search=1&amp;search_phrase=pct<\/a>]<\/p>\n<p>The share price is about <strong>\u00a34.46<\/strong>. The market capitalisation is <strong>\u00a3572 Million<\/strong>.<\/p>\n<p>The Top\u00a0Ten holdings are:-<\/p>\n<p>Google <strong>6.4%<\/strong><br \/>\nApple <strong>5.8%<\/strong><br \/>\nCisco Systems <strong>2.8%<\/strong><br \/>\nSamsung Electronics <strong>2.5%<\/strong><br \/>\nFacebook <strong>2.3%<\/strong><br \/>\nMicrosoft <strong>2.0%<\/strong><br \/>\nAmazon <strong>2.0%<\/strong><br \/>\nQualcomm <strong>1.9%<\/strong><br \/>\nOracle<strong> 1.7%<\/strong><br \/>\nSAP <strong>1.6%<\/strong><\/p>\n<p>These <strong>ten<\/strong> holdings make up <strong>29%<\/strong> of the total holdings.<br \/>\n<strong>70%<\/strong> of the holdings are in the\u00a0<strong>USA <\/strong>so clearly the investment has significant exposure to currency movement of the <strong>US Dollar<\/strong> to <strong>UK Sterling<\/strong>.<\/p>\n<p>Interesting to see that &#8220;financial companies&#8221; like <strong>MasterCard<\/strong> are in the portfolio of investments of The Polar capital Investment Trust. Not surprising, these companies like banks are really technology companies, due to their investment in global technology. Perhaps one can say, <em><strong>Global Banking and Financial Markets<\/strong><\/em>\u00a0 companies are really technology businesses<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Polar Capital Technology Investment Trust is a FTSE Listed Investment Company (Investment Trust) that buys shares in technology companies. [http:\/\/www.polarcapitaltechnologytrust.co.uk\/] The\u00a0financial fundamentals are:- [http:\/\/www.shareshop.hsbc.co.uk\/shareshop\/security.cgi?username=&amp;ac=&amp;csi=12294&amp;record_search=1&amp;search_phrase=pct] The share price is about \u00a34.46. The market capitalisation is \u00a3572 Million. The Top\u00a0Ten holdings are:- Google 6.4% Apple 5.8% Cisco Systems 2.8% Samsung Electronics 2.5% Facebook 2.3% Microsoft 2.0% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-324","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=324"}],"version-history":[{"count":4,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/324\/revisions"}],"predecessor-version":[{"id":328,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/324\/revisions\/328"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}