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Rothschild to take advantage of tech boom

Rothschild Asset Management is to launching a technology-focused fund of funds to take advantage of the tech boom story.

The Five Arrows Independent Technology Plus+ Fund is subject to regulatory approval and will be available to investors from April 10.

RAM will invest in a range of onshore and offshore technology-biased funds.

But it will target funds investing in high-technology industries and companies which are well-placed to benefit from these new technologies. It will be managed by Gary Potter and Robert Burdett.

Its fund selection process is biased towards qualitative measurements designed to offer a predictive view. It has identified a universe of 115 funds with a tech bias, with only 24 having been around for more than five years.

The Five Arrows Independent Technology Plus fund will be part of RAM&#39s Five Arrows Independently Managed Funds, a range of fund of funds unit trusts.

Investment can be made inside or outside an ISA.

Inside the ISA commission is 3 per cent and renewal 0.5 per cent. The initial charge is 3 per cent with an annual charge of 1.5 per cent annual.

Outside the Isa wrapper commission is 5 per cent and the initial charge 5 per cent.

RAM head of retail marketing David Orr says: “There is a significant opportunity to add value in the technology sector by independent fund selection. Our position in the multi-manager marketplace puts us in a strong position to manage a fund of this type.”


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