The Protected Water fund, a Protected Distribution Limited (PDL) and Barclays Bank collaboration, is now available to IFAs via 13 offshore bond providers.
With over £6m raised since the fund's October 2007 launch, PDL says investors are increasingly keen to tap into strong growth products at lower risk.
The fund offers investors exposure to companies on the new ‘Barclays World Water Strategy’ index, which tracks the performance of the 40 largest publicly-quoted water related stocks on the planet.
The fund is available from:
- Prudential International
- NU International
- Scottish Provident International
- Legal and General International
- Standard Life International
- Friends Provident International
- Scottish Equitable International
- Irish Life International
- Scottish Life
- Hansard International
- Generali International
Dan Farrow, CEO of PDL parent company the TIS Group, says the fund is less volatile than traditional commodity based investments.
“When you consider that the world’s population is set to grow every year by 77m people and yet, less than 0.5% of the world’s water supply today is usable unpolluted clean water, demand for clean water whether for human consumption, industry or agriculture is set to grow exponentially,” he says.
“The Protected Water fund offers investors the opportunity to tap into this growth and we are grateful to the offshore providers for their level of interest and for recognising such an opportunity early on.”
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