Tech fund discount by Schroders

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Schroders will offer a 2% initial charge discount on unit trust investments in its Medical Discovery...

Schroders will offer a 2% initial charge discount on unit trust investments in its Medical Discovery and EuroTech funds to be launched next month, writes Leo Bland. The discounts will take the initial charge on both funds to 3.25% on unit trust investments for a three-week period from the launch date of 22 May. Schroders will still pay up to 3% initial commission on unit trust investments during the offer period. Schroder Medical Discovery will be run from New York and will invest in sectors including biotechnology, pharmaceuticals, medical technology and medical supply companies. The ...

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