Personal Finance - All you want to know about thematic funds
5/9/2008 8:43:52 AM
The constraints of managing funds that invest in a select few sectors can often prove to be demanding for fund houses. As a result, it isnt entirely uncommon to find a sector/thematic fund changing/expanding its investment objective/style in due course. This bears testimony to the intrinsic inadequacy of a sector/thematic fund in terms of sustainability over the long-term. Nonetheless sector/thematic funds continue to be launched at regular intervals....full article