Stockbroking firm Christows was to launch three mixed funds, becoming one of the first UK groups to ...
Stockbroking firm Christows was to launch three mixed funds, becoming one of the first UK groups to take advantage of the broad remit portfolio the FSA introduced the previous year. The objective of the three planned Oeics was to have 60%-80% exposure to exchange traded funds (ETFs). Because they are mixed funds they can also hold other asset classes such as ordinary shares, investment trusts, conventional managed funds, bonds and cash.
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