Investec Asset Management has merged the Investec Asia
New Economy Fund into the Investec Asia Small
Cap Fund. The resulting new fund, Investec Asia Focus
Fund, will carry a new objective also. The fund plans
to hold 35 to 40 stocks from the Asia Pacific region,
excluding Japan. The aggressive fund will also be able
to invest in companies of any size. The firm gained
shareholder approval to merge the Investec Wireless
World Fund and the Investec internet.com Index Fund
into the Investec Wired Index Fund. 
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