Winterthur launches new life & pension fund

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Winterthur Life has added another fund to its Elite managed range in the hopes its conservative investment strategy will suit risk-wary investors.

The Elite Distribution Managed life & pension fund, which will be available to both pension and investment bond investors, is the fourth fund to be added to Winterthur Life's Elite Balanced managed Fund range launched in the end of 1999. Other funds include the Cautious, the Balanced and the Stockmarket Elite Managed fund. The Distribution funds will target a yield in excess of 125% of the FTSE All Share yield and will be available in the defensive managed sector. Winterthur Life says the fund aims to combat future stockmarket uncertainty , and adds its investment strategy - inclu...

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