Our Investment Management Approach in Thematic Technology Funds

Thematic funds are investment vehicles that focus on specific investment themes and offer investors the opportunity to access various sectors aligned with those themes. Since 2020, we have observed a significant increase in interest toward thematic funds. This trend has been driven primarily by investors seeking alternative vehicles to protect their wealth in a low or negative interest rate environment. Additionally, rising financial literacy has led investors to manage their portfolios more professionally, further fueling demand for thematic strategies.

Through these funds, investors can gain exposure to a wide range of sectors, including semiconductor technologies, autonomous vehicle innovations, gaming, and robotics.

BV Portföy's Investment Strategy

At BV Portföy, we manage a diverse set of thematic funds, each focused on a specific sector such as digital gaming, semiconductors, sports technologies, and space and robotics technologies. While the themes differ, our investment process follows a consistent and disciplined framework across all funds.

First, we define the investment universe based on the selected theme. This universe consists exclusively of companies operating within that thematic scope, offering a focused yet diverse pool of potential investments. Next, our research and analysis team applies a robust set of financial filters to evaluate companies based on criteria such as growth rates, operational profitability, cash flows, leverage ratios, historical valuation metrics, and forward-looking analyst estimates.

This quantitative screening helps us narrow down a list of investment-worthy companies.

Investment Decisions and Committee Oversight

The shortlisted companies are then assessed in detail by BV Portföy’s Investment Committee. At this stage, the committee applies a quantitative approach to determine the final portfolio constituents. The committee also considers qualitative factors such as brand equity, competitive advantages, and the uniqueness of a company’s technologies and products.

For example, in our Gaming and Technology Variable Fund (BTE), while evaluating gaming companies, we analyze key metrics such as historical sales performance of launched games, revenue per title, user engagement levels, and download statistics. Additionally, forecasts regarding upcoming game releases are also incorporated into the investment thesis.

In another case, a core holding of our Technology Variable Fund (BVV) is ARM, a company with a strong competitive edge in the microprocessor industry. ARM supplies critical software technologies to leading chipmakers such as Nvidia, AMD, Intel, Qualcomm, and Taiwan Semiconductor. These technologies enable the production of faster and more energy-efficient microprocessors and are used in 99% of the mobile device market. ARM has a high level of operational profitability and has recently focused on AI-based innovations that enhance processing efficiency, further reinforcing its leadership in the processor space.

Investment Monitoring and Forward-Looking Approach

At BV Portföy, we continuously monitor the industries in which our investee companies operate. Our investment decisions are shaped not only by current performance but also by a clear view of the future value these companies are expected to generate.

This forward-looking investment strategy allows us to build long-term success by focusing on sustainable growth potential rather than short-term fluctuations.

To diversify your portfolio effectively, gain deeper insight into BV Portföy’s investment funds, and identify the best fund for your goals, feel free to contact us.

Managing your investments with confidence, building a well-diversified portfolio, and minimizing risk is all possible—through the expertise of BV Portföy.