Unlocking hidden discounts in digital tech .
Investors crave greater exposure to tech – and for good reason . Forget the Dot Com bubble . We are in a golden age of technology companies : from e-commerce and chipmakers , to cloud , information storage , AI and gaming .
Asset Value Investors has managed the c . £ 1 bn AVI Global Trust ( AGT ) since 1985 . Our unique investment strategy from the beginning has been to buy high-quality companies trading at a discount , often held through unconventional structures such as holding companies . This unique investment approach allows us to take advantage of the hidden discounts in attractive tech stocks .
Our global portfolio covers quality tech companies across high-growth markets such as gaming , social media and e-commerce .
The companies in which we invest include the Dutch listed holding company Prosus and Swedish holding company Kinnevik . Through Prosus , we gain discounted exposure to the world ’ s largest social media platform WeChat and era-defining online games Fortnite and League of Legends . Kinnevik gives us exposure to Zalando , the fastgrowing fashion retailer taking on ASOS and Boohoo in the booming online clothing market .
AGT ’ s unique investment strategy and long-term performance bears witness to the success of the investment approach , with a NAV total return well in excess of its benchmark .
AGT NAV total return since inception of 11.3 % versus benchmark return of 7.9 %.*
DISCOVER AGT AT WWW . AVIGLOBAL . CO . UK
* Performance period is from 30 / 06 / 1985 to 31 / 08 / 2020 . “ AVI Global Trust ” = AGT total GBP NAV return . Benchmark performance is GBP total return with dividends reinvested net of withholding tax . “ Benchmark ” performance uses blended returns . Total return of the MSCI World Index , the official benchmark , is used up until 30 / 09 / 2013 . From 01 / 10 / 2013 , the official benchmark changed to MSCI AC World ex USA Index and total returns of this index are used beyond this date .
Past performance should not be seen as an indication of future performance . The value of your investment may go down as well as up and you may not get back the full amount invested . Issued by Asset Value Investors Ltd who are authorised and regulated by the Financial Conduct Authority .