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Rating: E*Trade Plans Tech Fund Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, May 24, 1999

E*Trade Plans Tech Fund

Reported by Jason Shank

E*TRADE Group Inc. (EGRP) today announced that its wholly-owned subsidiary, E*TRADE Asset Management, has filed a registration statement with the Securities and Exchange Commission for the E*TRADE Technology Index Fund.

The E*TRADE Technology Index Fund will seek to track the performance of the Goldman Sachs Technology Index (GSTI), which currently consists of 169 stocks from six key subsectors of technology: Hardware, Software, Services, Semiconductors, Internet and Multimedia Networking.

The fund will be advised by E*TRADE Asset Management and distributed by E*TRADE Securities Inc. 

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