Scottish Equitable has launched two with-profits funds offering daily pricing. The two vehicles, W...
Scottish Equitable has launched two with-profits funds offering daily pricing.
The two vehicles, With-Profits Growth and With-Profits Cautious, do not offer bonuses or guarantees.
A smoothed price is calculated daily using an estimated growth rate based on Scottish Equitable's long-term performance expectations of the underlying investments. The smoothed price is halfway between the expected growth rate and the actual change in value of the underlying investments.
Both funds are ring-fenced, with 100% of all growth benefiting the policyholders.
What made financial headlines over the weekend?
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch