Financial Highlights

^{Financial Highlights}

^{As at 31 December 2023}

Net asset value ('NAV') per Ordinary share

+46.4%

2023 338.2p
2022 231.0p

Ordinary share price

+44.5%

2023 303.5
2022 210.0p

Benchmark

+48.2%

2023 2,715.0
2022 1,832.2

Performance against benchmark¹

Performance against sector ¹

Comparative figures for 2018, 2019 and 2020 have been restated following the sub-division of 25p ordinary shares into ten ordinary shares of 2.5p each on 4 May 2021.
¹ 10 years to 31 December 2023. Rebased to 100 at 1 December 2013. ² Allianz Technology Trust – Net Asset Value – undiluted. ³ Dow Jones World Technology Index (sterling adjusted, total return). ⁴ Peer group of Morningstar Global Technology Sector Equity. Source: AllianzGI/Datastream. The Alternative Performance Measures (‘APMs’) can be found here.

Financial Highlights (continued)

As at 31 December 2023

Ordinary share price (p)

NAV per Ordinary share (p)

Premium (discount) of Ordinary share price to net asset value per share (%)

NAV versus benchmark

Shareholders’ funds (£m)

Comparative figures for 2018, 2019 and 2020 have been restated following the sub-division of 25p Ordinary shares into ten Ordinary shares of 2.5p each on 4 May 2021.
¹ 10 years to 31 December 2023. Rebased to 100 at 1 December 2013. ² Allianz Technology Trust – Net Asset Value – undiluted. ³ Dow Jones World Technology Index (sterling adjusted, total return). ⁴ Peer group of Morningstar Global Technology Sector Equity. Source: AllianzGI/Datastream. 2018 figures are over a 13 month period. The Alternative Performance Measures (‘APMs’) can be found here.

Financial Summary

	As at 31 December 2023	As at 31 December 2022	% change
Net Asset Value per Ordinary Share	338.2p	231.0p	+46.4
Ordinary Share Price	303.5p	210.0p	+44.5
Discount on Ordinary Share Price to Net Asset Value	10.3%	9.1%
Dow Jones World Technology Index (sterling adjusted, total return)	2,715.0	1,832.2	+48.2
Shareholders' Funds	£1,318.8m	£938.9m	+40.5

	For the year ended 31 December 2023	For the year ended 31 December 2022
Net Revenue Return per Ordinary Share	(0.88p)	(0.45p)
Ongoing charges*	0.70%	0.70%

* As defined in the APMs here.

Five Year Performance Summary

	31 December 2023	31 December 2022	31 December 2021	31 December 2020	31 December 2019
Shareholders' Funds	£1,318.8m	£938.9m	£1,472.4m	£1,229.2m	£583.4m
Net Asset Value per Ordinary Share	338.2p	231.0p	347.9p	291.3p	165.4p
Ordinary Share Price	303.5p	210.0p	352.5p	297.0p	164.7p
Dow Jones World Technology Index (sterling adjusted, total return)	2,715.0	1,832.2	2,489.3	1,941.1	1,369.9
(Discount) premium of Ordinary Share Price to Net Asset Value	(10.3%)	(9.1%)	1.3%	2.0%	(0.4%)

Comparative figures have been restated following the sub-division of 25p Ordinary shares into ten Ordinary shares of 2.5p each on 4 May 2021.