Allianz Technology.

[Avantegarde]

I have only just noticed that the lead manager of this trust changed in July, from the successful and long-standing Walter Price to the newly promoted Mike Siedenberg. What do you think about this? The trust has been hugely successful in the past ten years (up 646% total return) but down 37% in the past year. It is still heavily invested (88%) in US tech firms, especially Apple, Microsoft and Alphabet (Google etc) which more or less dominate the world (who doesn't use some of these companies'' products?) Stick with it, or what?

[tacpot12]

I would stick with it. If the new manager has learned from the old what is necessary to keep the trust delivering it should continue to do so.