Aberdeen Technology Unit Trust

Advantages: best trust in what can be the best sector in the market
Disadvantages: volatility

...was staying put in the Aberdeen Technology fund - one of the largest in its sector - because the worst was over. But New York changed that and I think there is more share volatility just over the horizon for tech companies. But I am still staying put. Why? Because in the long term technology is still one of the most exciting plays around. Technology is as vital to companies as light and heating. Also: 1) Bush has pledged to pump in billions of ...
...soar in wartime. 3) Aberdeen is big enough to ride the storm and pump in cash when the market bottoms and companies are again good value. 4)Trust funds should be seen as long term plays, up to five years. Pull out now and you could miss the best boom months for share values. 5)Tech will be the first sector to recover in a recession as companies expand capacity. I am more a historian than an economist and it is impossible to be certain of the ... Read review

Advantages: Excellent long term performer and likely to stay so
Disadvantages: A volatile sector that varies considerably in the short term.

I bought into Aberdeen Technology in January this year. I was influenced by its consistent outstanding long term performance and after a discount from Hargreaves Lansdown the units cost me £28.11 each. The price rocketed to £42 or so and then fell back to around £30 in the correction. They recovered quickly and now stand at very nearly £36 which is well over 25% gain since I bought them. The fund has temporarily been knocked of its pedestal, no ...
...many others in the same sector. The fund, however, was built on excellent solid foundations with investments in the fundamentals of technological development - well established companies making the components and providing the networks rather than the dot.com companies - and so will continue to rise at a very pleasing rate and, in my opinion will return to the top of the charts in the not too distant future. The tech markets are a good 20% from ... Read review

Advantages: Good long term prospects - I'm putting money where my mouth is!
Disadvantages: Technology funds can be volatile

...long way to go and Aberdeen have a fairly experienced team. This fund hasn't speculate on the dot.coms with no revenue stream or a viable future business. It's invested in solid tech companies. It was dragged down in the sell-off frenzy. You shouldn't expect 100% yearly gains anymore (I think a lot of that was pure speculation),and if you're in this fund for the medium-to-long term I think that you'll be pretty happy in five or ten years time. ... Read review