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Polar Capital Technology (PCT) has shrugged off the effects of the COVID-19 pandemic, delivering returns of over 50% over the 12 months to the end of November 2020 and beating its benchmark (the Dow Jones Global Technology Index, in sterling terms) by a substantial margin. This just extended a long run of good absolute and relative performance from the trust that has helped it become a £3bn company.
Polar Capital Technology Trust is an investment trust. Co. invests in technology companies. Co. invests in a range of sectors: software; internet software and services; semiconductors and semiconductor equipment; technology hardware, storage and peripherals; internet and direct marketing retail; electronic equipment, instruments and components; information technology services; machinery; communications equipment; chemicals; healthcare technology; aerospace and defense; healthcare equipment and supplies; household durables; diversified telecommunication services; media; electrical equipment; automobiles; and other, spanning across North America, Europe, and Asia and Pacific.
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