French asset manager Platinium Gestion has launched a technology equity fund last 23 May 2018, InvestmentEurope can reveal.
The Platinium Big Tech fund invests in stocks of three tech and innovation sub-sectors: information technology related to online consumption and mobility, biotechs and “green” technologies.
It seeks to outperform the STOXX Europe 600 index in euros with reinvested dividends over an investment horizon of five years. Stock picking relies on strategic and financial analysis. The strategic analysis will assess market potential and size as well as disruptive features of the technology produced.
As for the information technology universe, the fund will invest primarily in online consumption, mobility, artificial intelligence, robotics, Internet of Things and cyber-security. Biotechs’ picks will include companies in gene editing, gene therapy, immuno-oncology and vectorisation among others.
Green tech investments will focus on renewable energies, electric cars, and energy savings solutions.
Up to 120% of the fund’s net assets will be invested in stock markets regardless of market capitalisation and geography. Though at least 60% of its net assets will be in EU-based companies’ stocks. Investments in small caps will not exceed 20% of the fund’s net assets.
Also in order to comply with French equity savings plans PEA’s framework, the Platinium Big Tech fund will invest a minimum of 75% of its nets assets in PEA-eligible stocks.
The fund is co-managed by Alain de Villechabrolle and Hervé de Beublain.