Investec fund to invest in wireless tech

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Investec Asset Management has launched its offshore Wireless World fund, a themed portfolio investin...

Investec Asset Management has launched its offshore Wireless World fund, a themed portfolio investing in companies benefiting from the emergence of wireless communications, writes Robert Stock. The FSA recognised fund will be invested in a concentrated portfolio of around 40 stocks in order to give investors strong exposure to the upside growth potential of the growing universe of stocks connected to wireless technology. Retail 'A' shares on the fund, which is a Dublin-domiciled Ucits product, carry an IFA commission of 5%. This can be discounted during the offer period which lasts unti...

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