POLAR CAPITAL TECHNOLOGY TRUST PLC (PCT) Shares

ABOUT POLAR CAPITAL TECHNOLOGY TRUST PLC

Polar Capital Technology Trust plc is a leading UK-based investment trust with an asset portfolio dedicated to technology companies around the World.

The company has a history dating back to 1996, and has grown to become a leading European investor with a multi-cycle track record.

Managed by a team of dedicated technology specialists, the company aims to maximize long-term capital growth by investing in a diversified portfolio of technology companies from around the world.

The managers’ core belief in rigorous fundamental analysis, and being unconstrained by not following a benchmark, enables the company to deliver global equity market outperformance through exposure to a universe of over 3,000 companies.

OVERVIEW OF POLAR CAPITAL TECHNOLOGY TRUST PLC

• The Polar Capital Technology Trust plc team selects companies for their potential for shareholder returns, not on the basis of technology for its own sake.

• The team believes in rigorous fundamental analysis and focus on: management quality, the identification of new growth markets, the globalization of major technology trends, exploiting international valuation anomalies and sector volatility.

  The company’s top 15 holdings are:

  • Microsoft
  • Alphabet
  • Apple
  • Facebook
  • Samsung
  • Alibaba
  • Taiwan Semiconductors
  • Tencent
  • Salesforce.com
  • Amazon.com
  • Qualcomm
  • ServiceNow
  • Adobe Systems
  • Analog Devices
  • Applied Materials

• The company’s portfolio has broad geographic exposure, including the US and Canada, Asia Pacific, Japan, Europe, the UK, Latin America, the Middle East, and Africa.

• The Board monitors the portfolio’s exposure to different geographical markets, sub-sectors within technology and the spread of investments across different market capitalizations. Cyclical changes in markets and new technologies will bring certain sub-sectors or companies of a particular size or market capitalization into or out of favour.

• The Company uses the Dow Jones World Technology Index (total return, Sterling adjusted, with the removal of relevant withholding taxes) as the Benchmark against which Net Asset Value (NAV) performance is measured for the purpose of assessing performance fees.

VISION & VALUES OF POLAR CAPITAL TECHNOLOGY TRUST PLC

• The company values responsible investment as its core ethos, and to this end it aims to determine that all the assets in which it invests adhere to its policies of corporate social responsibility.
• As such, it works to ensure that all the companies in which it invests undergo a rigorous evaluation in order to determine whether they subscribe to the company’s policies on environmental protection, social upliftment, strict anti-bribery policies and adherence to the Anti-Slavery Act.

MARKET PERFORMANCE OF POLAR CAPITAL TECHNOLOGY TRUST PLC

• Polar Capital Technology Trust plc currently trades on the Financial Times Stock Exchange (FTSE), where investors can buy shares under the stock symbol PCT.

• Data from the company’s 2019 financial analysis shows net assets per share rose by 24.7%, taking net assets per share to 1446.40p and the total net assets to over £ 1.9 billion.

• The share price rose by almost as much, providing a return of 17.9%. Positive equity market returns were substantially driven by the US market which delivered total returns of 19.8%, in Sterling terms; with currency playing a significant part, as the trade-weighted dollar rose 6.1% during the year.

• In contrast, most other markets delivered total returns of about 5%. US exceptionalism reflected diverging fundamentals with most major economies negatively impacted by dollar strength, trade tensions and tariffs while the tech-rich US economy remained relatively unscathed, aided by late-cycle fiscal stimulus and more limited China exposure.

• US market out-performance also reflected a resilient earnings backdrop, supportive buy-back activity that filled the void left by skittish equity investors in the first quarter, and the significant out-performance of the technology sector (and more broadly, growth over value) during the year as investors gravitated back towards sectors and stocks able to deliver growth despite the more uncertain economic backdrop.

• The company’s strong technology portfolio, despite today’s market uncertainty, has been able to deliver a flourishing share price and solid dividends for investors who choose to purchase shares.

Buy POLAR CAPITAL TECHNOLOGY TRUST PLC stocks / shares – A Step by Step Guide how to Buy / Purchase POLAR CAPITAL TECHNOLOGY TRUST PLC Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy POLAR CAPITAL TECHNOLOGY TRUST PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN POLAR CAPITAL TECHNOLOGY TRUST PLC STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE POLAR CAPITAL TECHNOLOGY TRUST PLC STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of POLAR CAPITAL TECHNOLOGY TRUST PLC stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy POLAR CAPITAL TECHNOLOGY TRUST PLC stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?