FUNDS - DNB Fund - Technology
Last update on: 09/07/2020

DNB Fund - Technology

Investment Trusts
DNB Asset Management
DNB Asset Management S.A.
Asset Manager
DNB Asset Management

Fund data (Equity Fund)

Fund size

(as of 30/06/2020)

803.89 mil. EUR
Share class size

(as of 30/06/2020)

307.58 mil. EUR
ISIN LU0302296495
Fund price (as of 09/07/2020)
Offer n.s.
Bid 6,366.80 Euro

Growth (as of 09/07/2020) *

10 Years 425.00 %
5 Years 117.29 %
3 Years 60.79 %
1 Year 14.45 %
Current year 4.12 %
Benchmark 66% MSCI Tech, 12% Media, 22% Telecom Linked Index

* in Euro (€)

Master data of Funds
Launch date 16/08/2007
Available in AT, CH, DE, ES, FI, IS, LU, LV, LT, NL, NO, SE
Fund type Equity Fund
Kind of fund Sustainable issues Fund / Climate-/ Environmental Technology fund
Aim of investment The fund objective is to achieve long-term capital growth by investing in a concentrated portfolio of stocks of companies operating predominately in the Technology, Media and Telecom sector.
Investment strategy The team screens more than 500 companies within the telecom, media and technology sectors. Current investments are focused on stocks listed in Europe and the US. However, the fund can invest in stocks listed worldwide. The majority of the positions are in large cap companies with high daily share turnover.
Investment process The portfolio managers are bottom up stock pickers within the global TMT sector. The stock selection process is based upon four pillars; theme, value creation, valuation and momentum.
Positive criteria We invest in companies that meet our own selection criteria and are not affected by SRI exclusion criteria. ; If we are uncertain whether a company is suitable for investment based on SRI considerations, we actively discuss this with internal and external specialists. ; Depending on the situation, we also discuss these matters directly with the analysts responsible for a stock if we require detailed information on a company’s areas of business. ; The guidelines we follow: UN Global Compact, OECD Guidelines for Multinational Enterprises, Ottawa Convention ; DNB Group Policy for Corporate Social Responsibility; ESG (Environmental, Social, Governance)
Negative criteria for stocks and corporate bonds Governance:
- corruption and bribery
- violations of OECD guidelines for multinational enterprises
- violations of the UN Global Compact

Ethical and Social:
- nuclear weapons
- exploitative child labour
- exploitation of people
- banned weapons
- child labour
- pornography
- tobacco products
- violations of human rights
- violations of the ILO protocol
- violations of non-proliferation treaties of non-nuclear weapons

- exploitation of the environment or employees or society
- controversial business practices
- environmentally harmful activities/products
- violations of laws

Negative criteria for government bonds Ethical and Social:
- violations of the Geneva Convention
- violations of non-proliferation treaties of non-nuclear weapons (countries)

- non-ratification of the Basel Convention*
- non-ratification of the Kyoto Protocol*
- non-ratification of the Cartagena Protocol on Biosafety*

Research done by Internal SRI analysts in cooperation with external specialists

This fund profile is aligned with the fund company.



*no exclusion but part of the analysis