The profit growth of technology companies is structurally faster than that of traditional companies and this trend can be expected to continue in the future. Technology companies develop new services and products and are therefore able to take market shares from slower-reacting companies. They also receive a large share of new investments.
WIP Technology Fund is an actively managed alternative investment fund that invests in technology companies worldwide. The goal is to find the best listed technology companies globally.
The fund’s investments are diversified into three groups:
By diversifying, we reduce the risk in a rapidly changing industry. When selecting investments, we put special emphasis on the fact that the company may become a leader in its field. These companies have the prerequisites to achieve a strong market position globally and grow their revenues and earnings rapidly. In addition, the company must be exceptionally innovative and have a management that has been proven competent in their field.
The fund is suitable for long-term investors who can withstand short-term value volatility.
Portfolio manager | WIP Asset Management Ltd Tuomas Komulainen | |
Fund management | GRIT Fund Management Company Ltd. | |
Custodian | SEB Ab, Helsinki branch | |
Fund type | AIF | |
Base currency | EUR | |
Liquidity | Daily | |
NAV | Daily | |
Fund inception date | 31.3.2021 | |
A-unit | I-unit | |
ISIN | FI4000496260 | FI4000496278 |
Bloomberg | WIPTECA | WIPTECI |
Management fee p.a. | 1,0 % | 0,8 % |
Performance fee | 20 % | 20 % |
Subscription fee | 0 % | 0 % |
Redemption fee | 0 % | 0 % |
Minimum subscription | 1.000 EUR | 250.000 EUR |
Dividend | No | No |
* of the return exceeding the MSCI ACWI Net Return EUR index calculated during the calendar year daily.
The environmental and social impacts, as well as governance practices, of the investment targets are considered in accordance with WIP’s principles for responsible investments.