Firsthand Capital Management of San Jose, Calif. has announced that the Firsthand Technology Innovators Fund will reopen to new investors on Feb. 1.
The fund was launched in May 1998 and closed to new investors in December 1999. It currently has approximately $325 million in total assets, according to Firsthand Capital Management. The fund invests in companies in high-tech industries that Firsthand believes are best positioned to introduce successful new technological products, according to the company. The fund invests up to 63 percent in micro- to mid-cap companies.