Fund Seeks to Track ‘Information Economy’

Guinness Flight Investment Management Ltd. is offering a new index mutual fund “designed to track the U.S. information economy of the 21st century,” according to the company.

The fund, to be launched Dec. 15, is named the Wired Index Fund. The index, developed by Wired magazine, includes 40 stocks, and their percentage of the index will be determined by their market capitalization, said James Atkinson, head of Guinness’ Pasadena-based U.S. operations.

The top stocks in the index as of Nov. 23 were America Online, Dell Computer, Nokia Corp., EMC Corp., and Lucent Technologies.

For information, contact Guinness at (800) 915-6565 or visit https://www.gffunds.com.