Advances in technology are changing our lives and technological innovation is continuously contributing to the growth in our economy. Those companies at the forefront of technological changes have benefited substantially whether they are large or small. Changes in the way we live, work and conduct business will continue to have a significant impact on companies in the arena. Existing companies listed on the Stock Exchange and new ones floating who have embraced the concept of change, will be the major growth stocks of the new millennium.

The question is how do we, as investors, benefit from this technological revolution and how do we avoid the pitfalls associated with the area?

The new fund is unique.  It is the only Fund which aims to track the FTSE techMARK 100 Index of technology stocks.  This index comprises Britain's small and medium sized technology companies, which includes the new and fast growing companies, but excludes the biggest and more established companies, like Vodafone Airtouch, SmithKline Beecham etc.

By definition, the Index comprises companies whose business focus is characterised by expertise and involvement in leading edge technology, such as biotechnology, software development, semi-conductors and telecommunications.