Aberdeen sees tech upturn

Professional Adviser
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John Pullar-Strecker says technology will be among first sectors to benefit from recovery

Aberdeen Technology has around two-thirds of its portfolio in semiconductor stocks and software and services companies in the belief that these should be among the earlier sectors to benefit from economic recovery. Celebrating its 20th anniversary this month, the unit trust, managed by John Pullar-Strecker, is also underweight in PC hardware on the back of tough pricing conditions in the sector. Launched on 1 February 1982, the fund has produced average bid-to-bid annual growth of 17.63% and a total return of 2493.9% to 18 February, according to Standard & Poor's. An investment made in ...

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