Skandia is launching the second tranche of its fixed term Protected Multi-Manager Plan at the end of...
Skandia is launching the second tranche of its fixed term Protected Multi-Manager Plan at the end of the month. The Plan offers two strategies each with a six and a quarter year term. Both strategies invest in four underlying funds, Fidelity UK Special Situations, Schroder Mid-250, Invesco Perpetual Corporate Bond and Norwich Property. This breaks down as 25% of the portfolio in the Invesco and Norwich funds and 30% and 20% in the Fidelity and Schroder funds, respectively. The maximum protection option offers 100% capital protection and the average quarterly returns of the underlying ...
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