Johnson Fry looks to web sales target

Johnson Fry is anticipating 5% of its Isa sales during the 1999/2000 financial year to come via its website, www.johnsonfry.co.uk. As part of the group's move to encourage on-line trading it is offering a 2% discount off the initial management on five of its unit trusts until 5 April - Slater Growth, New Japan, UK Income and Global Growth. Investors who contact the group over the telephone or by post will get a 1% discount. The minimum investment into the group's Isa is £1,000 lump sum or £50 per month. The underlying unit trusts are subject to an initial charge of 5% and an annual charge...