Life Trust has introduced the LT Henderson Liquid Assets Fund for investors in its Longevity Income Plan (LIP).
The new cash fund comes in response to IFA requests in the face of the recent stock market volatility and offers investors protection from unpredictable markets.
The LT Henderson Liquid Assets Fund is a unit trust primarily investing in short term deposits, certificates of deposit and other money market instruments in the UK.
Andy Briscoe, CEO, Life Trust, said: “With the current market volatility IFAs have told us that some clients are looking for a safer alternative to equity investments. The cash fund from Henderson is a well-performing and safe fund that will give piece of mind to our more risk-averse investors during the ongoing market difficulties.”
Life Trust’s LIP, which launched in January, is a long term investment specifically designed to provide a rising income the longer a planholder lives.IFAonline
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