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Schroder turns to American growth

Schroder&#39s US dynamic growth fund is a unit trust aimed at investors who are looking for exposure to the US and aims for growth by investing in US companies that show growth potential.


It will track the Salomon Smith Barney broad market US growth index, investing in a broad range of companies that include Wall-mart, AOL, Coca-Cola, Microsoft and Intel.


US dynamic growth will expand the number of Schroder unit trusts that invest in the US to a total of four. The others are Schroder American, Schroder US smaller companies and Schroder institutional US smaller companies.


With the American presidential election now too close to call, it remains to be seen whether the current Democrat governments&#39 economic policies of organic growth will remain in place or will be replaced by a Republican agenda of loosening controls over big business and tax cuts. However, with still no sign of an end to the bull market, America&#39s economy remains positive.


According to Standard & Poor&#39s the Schroder American fund is ranked 68 out of 80 funds, based on £1,000 invested on a bid-to-bid basis with net income reinvested over three years to October 30, 2000.

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