RCM Technology Trust PLC
11 April 2008
RCM Technology Trust PLC
Interim Management Statement
For the quarter ended 29 February 2008
This interim management statement relates to the quarter from 1 December 2007 to
29 February 2008 and contains information for that period unless otherwise
stated. This statement is produced to provide information in accordance with the
UK Listing Authority's Disclosure and Transparency Rules.
Investment policy and benchmark
The Company invests principally in the equity securities of quoted technology
companies on a worldwide basis with the aim of achieving long-term capital
growth. The Company's benchmark is the Dow Jones World Technology Index
(sterling total return).
Portfolio
Top ten holdings at 29 February 2008 and percentage of total gross assets
£ %
US Treasury 0% 3/4/08 7,990,345 14.69
US Treasury 0% 1/5/08 6,865,639 12.63
Qualcomm 2,924,812 5.38
Salesforce.com Inc 1,883,779 3.46
Activision 1,820,835 3.35
McAfee 1,523,849 2.80
Intel 1,481,236 2.72
Focus Media 1,263,294 2.32
EMC 1,223,349 2.25
Google 1,191,452 2.19
Total gross assets £54,378,491
Material events and transactions
During the period 239,000 Ordinary Shares were purchased for cancellation at a
total cost of £575,480.
Financial Performance to 29 February 2008
% change
3m 6m 1yr 3yrs 5yrs
Share price -6.38 -2.93 3.35 9.01 81.91
Net Asset Value -13.11 -8.32 -4.27 -1.24 48.84
Benchmark* -10.37 -10.92 -2.43 15.60 42.91
* Dow Jones World Technology Index (sterling total return)
Source: Datastream
Financial position at 29 February and 9 April 2008
29 February 9 April
Total gross assets 54,378,491 55,160,009
Net assets 53,981,255 54,574,758
Share price 223.75 214.00
Net asset value (undiluted)1 228.83 231.34
Net asset value (diluted) 1 235.25 237.34
Discount 3 2.2 7.5
Gearing 0% 0%
1Net asset values are calculated and announced daily.
3 The discount is the difference between the share price and the NAV per share
expressed as a percentage of the NAV per share.
.
Company Information
Launch date 1995
EPIC RTT
Year end 30 November
Report and Accounts Final posted March, half-yearly posted July
AGM April
Price Information Financial Times, The Daily Telegraph, www.allianzgi.co.uk
Investor information
Further up to date information, including Net Asset Values and share prices, and
the latest available factsheets and portfolio information, is provided on the
Manager's website, which can be accessed via www.rcmtechnologytrust.co.uk or
www.allianzgi.co.uk . Investor services can be contacted on 020 7065 1407 and
information can also be obtained from the Manager's helpline on 0800 317 573.
By order of the Board.
RCM Technology Trust PLC
155 Bishopsgate
London EC2M 3AD
11 April 2008
This information is provided by RNS
The company news service from the London Stock Exchange
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