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Investec Asset Management – Wireless World Fund

Monday, 16th October 2000.

Type: Ucits.

Aim: Growth by investing in mobile access to the Internet.

Minimum investment: A shares – $3,000, B shares – $250,000.

Investment split: 46 per cent US, 11 per cent Sweden, 10 per cent UK, 9 per cent Israel, 8 per cent France, 6 per cent Finland, 4 per cent China, 3 per cent Germany, 3 per cent Korea.

Place of registration: Dublin.

Yield: Nil.

Charges: Initial – A shares 5 per cent, B shares nil, annual &#45 A shares 1.75 per cent, B shares 1.3 per cent.

Commission: Subject to negotiation.

Tel: 020 7597 1900.


Close Finsbury Asset Management – Eurotech Trust

Tuesday, 17th October 2000.Aim: Growth by investing in European technology companies.Minimum investment: £2,000.Investment split: Any proportion of technology focussed companies in communications equipment, internet, electronics, software, biotechnology and technology services. Yield: Nil.Types of share: Ordinary.Isa link: Yes.Pep transfers: Yes.Charges: Annual 1.25 per cent.Commission: Initial one per cent.Tel: 0800 169 6968.

Chelsea Building Society – Mini-cash Isa

Tuesday, 17th October 2000.Type: Mini-cash Isa.Minimum investment: £10.Maximum investment: £3,000.Catmarked: Yes.Interest rate: 5.5 per cent gross a year.Charges: None.Withdrawal penalty: None.Special offer: One per cent introductory bonus in first year.Offer period: Until further notice.Commission: None.Tel: 01242 283593.

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The PIA board has soundly endorsed polarisation, condemned multi-ties and called for maintenance of the status quo in its response to the FSA consultation.The board says a robust IFA channel is necessary and changing it could cause substantive damage to consumer understanding of the marketplace.The response is one of the strongest messages in favour of […]

Sun Bank – First Time Buyer Mortgage

Monday, 16th October 2000.Type: Fixed rate mortgage for two years, followed by two-year capped rate.Fixed term: Until November 1, 2002.Fixed rate: 5.49 per cent.Capped term: From November 2, 2002 to November 1, 2004.Capped rate: 8.49 per cent.Minimum loan: £25,001.Maximum loan: Up to 95 per cent of valuation subject to a maximum of £125,000, up to […]


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