ScotWids Int'l launches more with-profits funds

Professional Adviser
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Scottish Widows International has launched a sterling with-profits fund and is looking to follow it ...

Scottish Widows International has launched a sterling with-profits fund and is looking to follow it up with euro and dollar-denominated versions. The sterling product, designed as a balanced portfolio investing in UK equities, bonds and cash, is available via the group's international investment bond. Mike Smith, international business development director for the group, said that as expatriates constitute a significant portion of its customer base, euro and dollar-denominated with-profits funds will be the next step. 'We are now working out how to increase the range in euro and dolla...

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