RaboDirect Online Bank Launches Three New Investment Funds Opportunities in Telecom, Food Agri and Global Allocation Sectors

RaboDirect, Europe s largest online bank, has annouced the launch of three new investment funds. As with all RaboDirect investment funds, the minimum investment is only 100. The Robeco Food Agri Equities fund is RaboDirect s Fund of the Month for March and is available at the reduced entry fee of only 0.25%.

Dublin, Ireland ( PRWEB ) February 23, 2008 — RaboDirect, Europe s largest online bank, has announced the launch of three new investment funds, the Robeco Telecom Services Equities Fund, the Robeco Food Agri Equities Fund and a Euro ( ) version of the BlackRock Merrill Lynch (MLIIF) Global Allocation Fund.

The Robeco Telecom Services Equities fund invests worldwide in large companies in the telecommunication services sector, typically combining a sound business model, solid growth prospects and a reasonable valuation. It has a 4 star rating from Morningstar and invests in an average of 40 companies, primarily across Europe, America, the Far East and Africa. Launched in May 2004, the fund achieved an annual performance figure of 9.3% (1) to the end of December 2007, outperforming its benchmark.

The largest proportion of the Robeco Telecom Services Equities fund is invested in Diversified Telecom Services (60.1%), followed by Wireless Telecommunication Services (31.6%) and Internet Software Services (4.6%). The Robeco Food Agri Equities fund invests globally in leading companies in the food agri sector, which includes the food industry, tobacco, household personal care products and food supermarkets.