UK Equity Fund debut for Skandia

Royal Skandia has launched a UK Equity Fund designed to maximise the balance between risk control and potential for out performance. The portfolio tracks the performance of the FTSE All-Share Index and there is an equal split between actively and passively managed assets. Charges relate from product level not a fund level and start from 1% depending on what insurance product you purchase with the fund. The minimum amount of investment is £15,000 with a £2,500 minimum investment at product level. The minimum premium amount is £100 a month. Instead of being managed by a single investment h...