Products March 1, 2003
Pictet International Holds Water
January 15, 2002 (PLANSPONSOR.com) - Switzerland's
Pictet International Management launched the Pictet Global
Water Fund, a mutual fund that will invest primarily in the
water industry.
Reported by Nicole Halsey
Almost 80% of the fund’s net assets will be invested in equity securities of companies worldwide that specialize in:
- water-producing operations,
- services for water conditioning and desalinization,
- supplying consumer water, and
- waste-water treatment facilities, among others
The fund offers two share classes, one for retail and one for institutional investors.
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