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Britannic puts its finger on finance

The world of finance is the target for the global financial services fund from Britannic asset management.

The fund is a unit trust that is pitched at experienced investors who are investing for growth in the financial sector of the market.

Global financial services will invest in a global portfolio of companies that are involved in financial areas such as banks, insurance, life assurance and real estate investment companies. This will include companies such as ING Group, JP Morgan Chase, Allianz, Bank of America and Royal Bank of Scotland.

The joint fund managers are Andrew Killean and Diamond Lee, who between them have 16 years experience in European and Far East equities. They will focus on companies with good financial management skills and which are benefiting from developments such as the increase in people who are opening online savings accounts.

According to Standard & Poor’s the Britannic higher growth fund is ranked 197 out of 236 funds, based on £1,000 invested on a bid to bid basis with net income reinvested over three years to January 29, 2001.

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