Monthly Update
Fact Sheet
Offer Document
Financial Statements
Distribution – Tax Components

Investment objective
To provide capital growth over the long-term by taking advantage of the opportunities created by developments in information technology, telecommunications and electronics.

Where is the Fund’s money invested?
The Fund primarily invests in technology and telecom securities listed on securities markets around the world.

The Fund will also invest in providers of computing, networking and telecommunications equipment, software, semi-conductors and related capital equipment providers, IT services, as well as network operators, content providers and “Internet” based businesses.

The Portfolio will ideally consist of 50 to 100 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. Refer further to ‘The Funds’ Investments’ in the PDS. The Portfolio will typically have 50% or more net equity exposure. The Portfolio is constructed in accordance with ‘Platinum’s Investment Methodology’ - refer to the PDS.

This Fund may be suited to you if you:

	wish to participate in a diversified portfolio of companies engaged principally in the information technology and telecommunications industries
	are an aggressive Investor who can endure great fluctuations in unit prices (and underlying investments). Whilst the global IT industry has tended to grow faster than the world economy on account of rapid innovation, it is innovation and the prospect of substitution and or obsolescence that raises risk levels.  A carefully constructed portfolio may ameliorate only some of these risks.
	believe in the long term wealth creation potential of share investments.

Minimum suggested time horizon
Five or more years

Income distribution
The Fund distributes its income annually as at 30 June.