The europeanunion

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Launched in 2003, Norwich Union's Euro With-Profits fund has been increasing its equity weightings, as Kira Nickerson reports

Equity weightings within the Norwich Union (NU) Euro With-Profits fund have been increased gradually over the past three years moving from a 37% weighting at the end of 2004 to over 47% as at the end of 2006. At the same time cash weightings in the fund have been reduced from some 11% to under 5%. It is not just the amount of equity exposure in the fund that has been increased. The fund's exposure to this asset class has also been broadened out over the past three years, moving from just a 4% weighting to international equities, with the majority in European stocks, to 11% in other stock ...

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