Schroder's EuroTech fund is aimed at the experienced investor who wants to
invest in a specialist technology sector.
The company believes that, despite the recent market corrections in the
Nasdaq 100 index, Europe is the next growth area for technology stocks as
many European companies are only now starting to see the potential
of new technology.
Technology stocks have been seen as possibly overvalued in the US and UK,
resulting in recent market volatility. However, European technology stocks
are up to a year behind the US and UK and therefore could have a great deal
According to Standard & Poor's Micropal, Schroder's European smaller
companies fund is ranked 11th out of 16 funds based on £1,000 invested on a
bid-to-bid basis with net income reinvested over three years to April 10,