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Acuity Funds adds science and tech fund to Clean Environment Group
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Acuity Funds Ltd. has included its science and technology fund in its Clean Environment group. In a new prospectus issued in October, Acuity announced a name change for its Global Environment, Science and Technology Fund. The fund will be known as the Acuity Clean Environment Science and Technology Fund. The fund's strategy is to invest "in some of the most rapidly growing industries in the world associated with environmental, scientific or technological developments." The fund invests heavily in technology-based industries, including those operating in the environmental area. The Top 10 holdings as of Sept. 28 included: Biovail Corp. International, BW Technologies Ltd., Open Text Corp., ATI Technologies Inc., Tyco International Ltd., Elan Corp., LSI Logic Corp., Calpine Corp., Westaim Corp. and Pfizer Inc. For more information, visit www.acuityfunds.com.
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