Legal & General is launching two sector tracker funds this week to focus on the global technology an...
Legal & General is launching two sector tracker funds this week to focus on the global technology and healthcare and pharmaceutical sectors. The funds will be called the Global Technology Index Trust and Global Health and Pharmaceuticals Index Trust. There is no initial charge on the funds and there are no annual management fees or withdrawal fees until after April 2001. From this date there will be a 1% annual management fee as well as a withdrawal fee on unit trust investments of 3% in year one which goes down to 1% after year five. There are no withdrawal fees for Isa investments. The...
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