View more on these topics

Fidelity Investments – Healthcare Fund

Friday, 13th October 2000.



Type: Sicav.



Aim: Growth by investing in pharmaceuticals, biotechnology, healthcare services and medical equipment.



Minimum investment: £1,000 lump sum, £50 a month.



Investment split: North America 65 per cent, Europe 15.5 per cent, UK 12.3 per cent, Japan 7 per cent, Pacific 0.2 per cent.



Place of registration: Luxemburg.



Yield: Nil.



Charges: Initial 5.25 per cent, 1.25 per cent for online investment, annual 1.5 per cent.



Special offer: Initial charge discounted by 2.25 per cent.Offer period: Until October 31, 2000.



Commission: Initial 3 per cent, renewal 0.5 per cent on Isas.



Tel: 0800 414181.



Recommended

Fidelity Investments – Financial Services Fund

Friday, 13th October 2000.Type: Sicav.Aim: Growth by investing in global financial services.Minimum investment: £1,000 lump sum, £50 a month.Investment split: Banks 53 per cent, insurance 19 per cent, life assurance 6 per cent, real estate 3 per cent, brokerage, investment management & other finance 19 per cent.Place of registration: Luxemburg.Yield: Nil.Charges: Initial 5.25 per cent, […]

Portman pull TESSA penalty

Portman Building Society is withdrawing the transfer penalties on all its variable interest rate TESSA products. The move follows recent concern from the Banking Code Standards Board on transfer penalties. As a result Portman is withdrawing the 180 days loss of interest penalty for customers closing or transferring their variable rate TESSA. Portman Group Communications […]

IFAs see sharp rise in loans for self-employed

IFAs are seeing a surge in the number of self-employed clients wanting mortgages, according to spec- ialist lender The Mortgage Business.The company&#39s research found 69 per cent of advi-sers had seen a marked rise in demand for mortgages which allow customers to prove or self-cer- tify their income.TMB says the rise in demand is being […]

Fleming groovy

Fleming Asset Management – German Opportunities FundType: Euro-denominated Sicav.Aim: Growth by investing mainly in German securities.Minimum investment: $5,000.Place of registration: Luxemburg.Investment split: 25.1 per cent electrical, 18.1 per cent utilities, 16.1 per cent insurance, 9.2 per cent retail, 8.3 per cent banks, 7.2 per cent chemicals, 5.7 per cent telecommunications, 3.9 per cent automobiles, 3.8 […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment