Guinness Flight Global Asset Management has won the license to the Internet Stock Index from Corp. of Westport, Conn. Guinness Flight has filed with the SEC to create a new no-load fund, the Guinness Flight Index Fund, which is expected to be available to investors on July 30.

The Internet Stock Index was created in April 1996 and tracks the performance of 50 Internet stocks. It is the oldest Internet index, according to Guinness Flight.

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