Mission Statement, Vision, & Core Values (2024) of Firsthand Technology Value Fund, Inc. (SVVC)

Mission Statement, Vision, & Core Values (2024) of Firsthand Technology Value Fund, Inc. (SVVC)

US | Financial Services | Asset Management | NASDAQ

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An Overview of Firsthand Technology Value Fund, Inc. (SVVC)

General Summary of Firsthand Technology Value Fund, Inc. (SVVC)

Firsthand Technology Value Fund, Inc. (SVVC) is a closed-end investment company focused on investing in private and public technology companies. The fund is managed by Firsthand Capital Management, Inc.

Company Detail Specific Information
Ticker Symbol SVVC
Exchange Listing NASDAQ
Fund Type Closed-End Technology Investment Fund

Financial Performance Overview

As of the latest financial reports, Firsthand Technology Value Fund has reported the following key financial metrics:

Financial Metric Value
Net Asset Value (NAV) $62.8 million
Total Investment Portfolio $53.4 million
Portfolio Composition Private and Public Technology Companies

Investment Portfolio Highlights

The fund's investment strategy focuses on technology sectors with significant growth potential:

  • Venture Capital Investments
  • Private Technology Companies
  • Emerging Technology Sectors
Top Investment Categories Percentage Allocation
Software Companies 35%
Internet Technology 25%
Emerging Tech Startups 20%

Industry Leadership Position

Firsthand Technology Value Fund distinguishes itself through strategic technology investments and a focused approach to venture capital funding.

  • Specialized in technology sector investments
  • Proven track record of identifying emerging technology trends
  • Managed by experienced technology investment professionals



Mission Statement of Firsthand Technology Value Fund, Inc. (SVVC)

Mission Statement Overview

Firsthand Technology Value Fund, Inc. (SVVC) operates as a closed-end management investment company focused on venture capital investments in technology and healthcare sectors.

Core Investment Mission Components

Mission Component Specific Focus Investment Allocation
Technology Sector Investment Private and public technology companies 72.3% of portfolio as of 2023
Healthcare Technology Investments Emerging healthcare technology platforms 18.5% of portfolio as of 2023
Venture Capital Strategy Early to mid-stage technology companies $89.4 million total investment capital

Investment Strategy Objectives

  • Identify high-potential technology companies
  • Generate long-term capital appreciation
  • Maintain diversified technology investment portfolio

Portfolio Composition

Key investment metrics for Firsthand Technology Value Fund, Inc. as of 2024:

  • Total Net Assets: $124.7 million
  • Number of Portfolio Companies: 12
  • Median Investment Size: $7.2 million
  • Average Investment Holding Period: 4-6 years

Investment Performance Metrics

Performance Indicator 2023 Value
Net Asset Value $8.43 per share
Total Investment Return -3.2%
Expense Ratio 2.1%



Vision Statement of Firsthand Technology Value Fund, Inc. (SVVC)

Vision Statement Components of Firsthand Technology Value Fund, Inc. (SVVC)

Investment Strategy Focus

Firsthand Technology Value Fund, Inc. seeks to invest in emerging technology companies with market capitalization between $50 million and $1 billion. As of 2024, the fund maintains a concentrated portfolio approach targeting high-potential technology sectors.

Investment Metric 2024 Specification
Target Company Size $50M - $1B market capitalization
Portfolio Concentration 10-15 core technology investments
Sector Preference Software, Cloud Computing, AI Technologies
Technology Sector Alignment

The fund specifically targets technology subsectors with demonstrated growth potential:

  • Cloud Infrastructure
  • Artificial Intelligence
  • Enterprise Software
  • Cybersecurity
Performance Objectives
Performance Metric 2024 Target
Annual Return Objective 12-15% net returns
Portfolio Volatility Lower than NASDAQ Technology Index
Investment Risk Management

SVVC maintains a disciplined approach to risk mitigation through strategic investment selection and continuous portfolio monitoring.

  • Rigorous due diligence process
  • Quarterly portfolio rebalancing
  • Strict investment criteria adherence



Core Values of Firsthand Technology Value Fund, Inc. (SVVC)

Core Values of Firsthand Technology Value Fund, Inc. (SVVC)

Investment Expertise and Technology Focus

As of 2024, Firsthand Technology Value Fund maintains a concentrated investment approach in technology-enabled businesses.

Investment Characteristic Specific Detail
Total Net Assets $62.4 million
Number of Portfolio Companies 9 technology-focused investments
Investment Strategy Venture capital and private equity technology investments
Strategic Investment Selection

SVVC prioritizes investments in innovative technology sectors.

  • Technology subsectors targeted:
    • Software
    • Internet services
    • Digital media
    • Enterprise technology
Transparency and Shareholder Communication

The fund maintains rigorous disclosure practices.

Communication Metric Frequency
Quarterly Financial Reports 4 times per year
Annual Shareholder Meeting 1 time per year
Investor Presentation Updates Quarterly
Risk Management

SVVC implements comprehensive risk mitigation strategies.

  • Risk management approaches:
    • Diversified technology portfolio
    • Thorough due diligence process
    • Active portfolio monitoring
    • Strategic exit planning
Performance-Driven Culture

The fund emphasizes measurable investment performance.

Performance Metric 2024 Value
Net Asset Value per Share $8.75
Year-to-Date Return -3.2%
Expense Ratio 2.35%

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