Martin Currie launches fund with new approach

Martin Currie has launched an offshore technology fund that hopes to profit from the long-term potential of a sector that will not be held back by national boundaries. The Martin Currie Technology Fund is part of the Martin Currie Global Funds SICAV and will be open for business from 12 April onwards. The launch period will be 12-14 April 2000, during which time the initial charge will be dropped from 5% to 3%. Martin Currie has capped the total expense ratio for the fund. This means that total fees extracted from the fund will never be greater than 2% of the fund's average size over t...