Dutch investment firm launches new SICAV tech fund
Dutch investment company Dasym has launched its first SICAV fund participating in the global technological revolution.
The Dasym Global Opportunities fund is a concentrated long-only equity fund that invests globally into carefully selected themes, all relating to changing consumer behavior driven by technology, the firm said in a statement announcing launch of the fund.
The launch of this SICAV fund coincides with the “increasing integration of digital technology in all aspects of our daily lives, ranging from mobility to finance and healthcare”, the Naarden-based investment firm that also has offices in Los Angeles and Shanghai, said.
Rather than focusing on the companies that directly benefit from the rollout of new technologies, it said that it is seeking to find companies that it believes will benefit from second and third round effects.
“It is our opinion that this approach carries distinct structural upside, since the stock markets’ view of these companies often differs from our own long-term thematic views,” said Peter van Rooyen, chief investment officer of Dasym.
“With the launch of this new SICAV fund under the UCITS label, our investment strategy can now be accessed by a broader range of investors, including institutional investors, wealth managers and family offices.”
Over the past 16 years, Dasym said that has built a philosophy focused on “the interplay between technology and society” and how these two mutually shape each other.
The Dasym Global Opportunities Fund has, according to company statistics had a strong start with a return, against the MSCI World Daily TR benchmark of 6.6% during November.