Theme-based tech portfolio by Sarasin

Sarasin is to launch a technology-based Websar (GB) fund to the UK market at the start of March, writes Jenne Mannion. Minimum lump sum investment is £2,500 and the fund will also be Isable. The front-end charge is 5% plus a 1.75% annual fee. There is 3% front end commission and 0.5% renewal. Websar (GB), part of Sarasin's Oeic, will mirror the group's existing Luxembourg-Sicav which was launched on 1 October 1999. This fund has raised £77m and produced a return of 33.1% in sterling terms over the three months since launch, according to Sarasin. Websar (GB) will contain a global portfolio...