SLI offers Nasdaq protected product

clock

Scottish Life International (SLI) is to offer investors a safety net to investing in the technology-...

Scottish Life International (SLI) is to offer investors a safety net to investing in the technology-weighted Nasdaq 100 index with the launch of protected.com. The fund offers 95% capital protection with investment gains being locked in every quarter. For the current quarter, which ends on 16 June, investors will receive 61.1% of any growth in the Nasdaq. At the end of each quarter the profit rate is applied to any growth in the Nasdaq to calculate the bonus period which is then locked in for the following quarter. The profit rate will change each quarter. If the Nasdaq has fallen in a pa...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •