Aviva is launching two Guaranteed Selection funds which it says will appeal to customers who want better returns than a typical deposit account and are prepared to invest for five years or more.
The funds invest in a mix of shares, bonds, property and cash and also offer guarantees at the fifth anniversary. Its Guaranteed 80 fund is aimed at customers who are happy to take some risk with their money. Of the funds, it offers the highest level of potential growth while guaranteeing to return at least 80% of an original investment at the fifth anniversary. Meanwhile, the Guaranteed 90 fund will appeal to more cautious investors and offers a 90% guarantee on the original investment at the fifth anniversary no matter what happens to the stock market during the five-year period. ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
