Allianz Technology traded at 718.28 this Wednesday October 28th, decreasing 0.72 or 0.10 percent since the previous trading session. Looking back, over the last four weeks, Allianz Technology lost 4.36 percent. Over the last 12 months, its price rose by 35.52 percent. Looking ahead, we forecast Allianz Technology to be priced at 673.60 by the end of this quarter and at 634.96 in one year, according to Trading Economics global macro models projections and analysts expectations.
Allianz Technology Trust PLC is a United Kingdom-based closed-end fund. The Company is an investment company. The Company invests principally in the equity securities of quoted technology companies on an around the world basis with the aim of achieving long-term capital growth in excess of the Dow Jones World Technology Index. The investment policy of the Company is to invest in a portfolio of companies that use technology. Its portfolio is concentrated in approximately 60 stocks. It focuses on diversifying the portfolio across a range of technology sub-sectors. Its portfolio sectors include automobiles, communications equipment, electronic equipment instruments and components, healthcare technology, Internet and direct marketing retail, Internet software and services, information technology (IT) services, media, semiconductors and semiconductor equipment, software, and technology hardware storage and peripherals. The Company's investment manager is Allianz Global Investors GmbH.