PanEuroLife capital protected fund

Luxembourg-based life company PanEuroLife is offering a capital-protected fund invested in a basket of seven equity portfolios. The Protected Equity fund, which has a five-year term, targets UK, European and Asian growth funds. Returns are linked to the average quarterly performance of the underlying funds over the five-year investment period. The performance of the basket of underlying funds is calculated using the NAV of each fund on the observation date compared to its initial NAV on 29 September 2003, multiplied by its initial weighting in the basket. The quarterly performance of...