SunAmerica Says It's No Bull to Roll Out a New Technology
Financial Services Marketing (08/00) Vol. 2, No. 5 p.38; Adams, John

SunAmerica has introduced a new technology fund called Focused TechNet Portfolio, which focuses on tech stock selections from SunAmerica's best fund managers. The new portfolio looks for the best investment ideas from a wide range of technology sectors, including telecommunications, cellular communication, biotech, software, hardware, and Internet companies. The fund offers added diversification by using three different investment advisors. Some critics think that this new fund is being launched late compared to similar funds introduced at the beginning of the tech boom, but SunAmerica says that the fund will be managed using a traditional buy-and-hold philosophy to attract long-term investors.

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