Liontrust Global Technology Fund Doubles China Allocation to 11% Since Late Last Year

According to Bloomberg, Liontrust Global Technology Fund has more than doubled its China allocation to 11% since late last year, increasing exposure to internet giants and hardware manufacturers in the Asian country. The fund simultaneously reduced positions in U.S. technology companies including Micron Technology and Lumentum Holdings.

According to Morningstar data, the fund's performance this year and over a five-year period outperforms over 90% of peer global technology funds.