Skandia launches offshore fund-linked protected vehicle

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Skandia International has launched a new offshore protected fund linked to five well-known region specific global vehicles.

Available via Royal Skandia’s offshore portfolio bonds, the Protected Portfolio Investment Global Vista life fund is open for investment until 15 August. The PPI Global Vista offers 100% capital protection, with an additional 100% of the quarterly averaged growth at maturity. In addition, it offers an enhanced 104% allocation. Unlike many current protected offerings, the Global Vista is linked to five equally-weighted funds - not a particular index. The five funds are: AXA Framlington Emerging Markets Henderson European Opportunities Invesco Perpetual Global Bond M&G Global Basic...

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