Themed funds give the flexibilityto avoid losers

Thematic investing depends on change. It captures change and it exploits the power of change. The most important aspect of thematic investing lies in understanding this change and translating it into a coherent investment strategy. There is nothing more powerful than an idea whose time has come. Themes do not have to be complex. Indeed, they are usually quite straightforward, reflecting changes in our lifestyles and in our economies. These changes create demand for products or services that can solve problems or offer new ways to satisfy needs. Themes tend to have the following characte...