Short Takes: E-Trade Plans to Launch Technology Fund

E-Trade Group, the Palo Alto, Calif., discount broker, is seeking regulatory approval to launch a technology fund.

E-Trade Asset Management filed a registration statement Monday with the Securities and Exchange Commission to launch the E-Trade Technology Index Fund.

Founded in February, E-Trade Asset Management has applications for two other funds-the E-Trade Extended Market Index Fund and the E-Trade Total Bond Index Fund-awaiting SEC approval. The company already offers the E- Trade Standard & Poor's 500 Index Fund.

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