Fund in Focus: Polar Capital Global Technology

Morningstar analyst Sam Meakin explains why his team recently upgraded the Polar Capital Global Technology fund

Samuel Meakin 16 November, 2017 | 8:01AM
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Sam Meakin: The Polar Capital Global Technology fund is one of the best-known funds dedicated to investing solely in tech-related stocks.

The team behind this product is one of the best resourced in Europe dedicated to investing in the sector, and it’s led by Nick Evans and Ben Rogoff. They’re two experienced investors who combine their real natural enthusiasm for technology with thorough fundamental stock analysis and thoughtful consideration of the broader market environment.

Their process is based on finding disruptive new technologies and picking the companies best placed to benefit from those trends.

Now, this does lead to a meaningful allocation to stocks lower down the market-cap scale and it also gives a strong growth bias to the portfolio as a whole. That means that returns can look out of step versus the index and peers, particularly over shorter time periods, but over the longer term the approach has proven successful in adding value.

Over time our conviction in the fund has grown as the managers have continued to demonstrate their strong stock picking ability and consistency in applying their approach. We believe that this is a strong choice for investors looking to benefit from the growth prospects of the tech sector and therefore we recently decided to upgrade the fund’s Morningstar Analyst Rating from Bronze to Silver.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Polar Capital Global Tech I Inc105.34 USD0.05Rating

About Author

Samuel Meakin  is a fund analyst for Morningstar

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