Fund update: DNB Technology
With a return so far this year of 20.6% and an excess return of over 10%, the DNB Technology equity fund is also delivering solid returns to its investors this year. What drives this return?
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In this short fund update, Portfolio Manager Marius Wennersten provides an overview of the drivers within the technology sector at the moment. The focus is on AI and how the key global players in this sector affect both the technology sector and the broader economy.
DNB Technology was established in 2007, while the strategy was established in 2001. Since inception, the fund has delivered an annual average return of 20,5%, corresponding to an outperformance of 1,2% vs the fund's index.
