Diversifying risk

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INVESCO GT Rupert Children's fund is limiting its technology exposure by investing through venture c...

INVESCO GT Rupert Children's fund is limiting its technology exposure by investing through venture capital funds such as 3i. David McGillveray, fund manager, said he was cautious in exposing the fund to pure technology companies but does maintain an overweight position to tech, media and telecoms stocks via 3i and to the media and telecoms sectors directly. This approach to investing in the fund, which has a 5.25% initial fee, reflects McGillveray's investment philosophy of seeking out long-term growth trends, but protecting his unit holders from pure technology plays. The annual manageme...

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