Britannic Asset Management is running a discount of 1% on its four global sector funds from 19 ...
Britannic Asset Management is running a discount of 1% on its four global sector funds from 19 February until the 30 April. The 1% discount brings the initial charge on the Britannic Global Healthcare, Global Technology, Global Resources and Global Financials Funds to 4.25%.
Frank O'Donnell, Head of Retail, commented: "Our tech fund is top in its sector since launch and we believe the healthcare sector has huge long term potential."
All four funds are rated A by Standard & Poor's.
O'Donnell said: "We would encourage IFAs to look closely at these funds. They are an ideal vehicle for more experienced investors seeking diversification and potential for long term growth."
Of the four sectors, Britannic is currently most bullish on healthcare and technology areas. Terry Ewing, investment manager, Britannic Global Healthcare said: "The sector has excellent long term investment characteristics and growth potential. And while it is a defensive sector as a rule, it will perform irrespective of the economic environment. Over the last five years, our benchmark , the FTSE World Health Sector has outperformed the FTSE world Index 127.6% versus 43.8%. "
The lead managers are:
Britannic Global Healthcare - Terry Ewing and Keith Burdon
Britannic Global Technology - Margaret McLaren and Alison Wright
Britannic Global Financials - Diamond Lee and Andy Killean
Britannic Global Resources - Fiona Stokes and Allison Galbraith.
Initial charge – 4.25% for the duration of the campaign (normally 5.25%)
Annual management fee – 1.5%
Commission = 3%
Renewal commission 0.5%
Queries can be addressed to 0845 60 50 444
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