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March 16th, 2004
Nano Goes to Wall Street
If we needed a reminder that "nano" is slowly approaching the radars of mainstream investors, then First Trust Portfolios has provided it with the launch of a nanotechnology mutual fund. This is the first commercial opportunity for those investors looking to dip their toes into the exquisitely small world of nanotechnology. Cientifica's Tim Harper offer a different view: "Overall, anyone congratulating themselves on putting money into a portfolio like this reminds us of the man who, upon scrambling aboard the moving train dances a jig on the roof, totally oblivious to the upcoming tunnel. This may be a good tech portfolio, but nano it is not."
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