The L&G Global Technology Index fund has been part of our Growth Portfolio since we first introduced them back in 2014.  Since then the fund has risen by over 621.7%.

With the ever-increasing interest and rise in Artificial Intelligence stocks, it is expected this fund will continue to rise for many more years. We plan to continue to have this fund in our growth portfolio. Being an index-tracking fund, the annual charges are kept low at just 0.32% pa.

Established on November 1, 2000, the L&G Global Technology Index Trust fund currently oversees £3.32 billion in assets. Its primary objective is to generate growth by replicating the performance of the FTSE World Technology Index, which encompasses companies from developed and advanced emerging markets within the information technology sector.

The fund’s portfolio is heavily weighted towards US technology firms, with 85% of its assets allocated to the United States, a strategy that has significantly contributed to its long-term success.

Within the IA Tech & Tech Innovation sector, the fund consistently maintains a high ranking and boasts a prestigious 5-star rating. Its recent performance has been particularly noteworthy, with a 34.9% return over the past year, securing the 2nd position out of 33 funds in its sector. The fund’s three-year performance demonstrates a robust growth of 81.7%.

Looking over a longer term, the fund’s track record is even more impressive. Over the past 5 and 10 years, it has delivered exceptional growth rates of 178.98% and 621.7%, respectively. These figures substantially outpace the sector averages of 100.46% and 391.98%, underscoring the fund’s enduring effectiveness and its ability to consistently outperform its peers over extended periods.

Had you invested £20,000 when we first introduced the L&G Global Technology Index Trust

ten years ago, your fund would now be worth £144,340.