Zurich International Life has added a range of new funds to its existing portfolio that will be available to both individual and corporate clients. This includes additions to its managed fund range, retirement product and the launching of two Swiss franc portfolios.
The two new Swiss franc portfolios will include a money fund and a ZI UBS Swiss franc bond account. The Swiss franc money fund will be added to its low risk funds and is designed for the short-term investor. The low risk fund range is currently made up of Secure Money funds and Guaranteed Accumulation funds.
Meanwhile, the ZI UBS Swiss Franc Bond is to be added to its mirror fund range. This fund mirrors a large, established fund managed by UBS that invests in a broad range of high quality Swiss franc bonds.
The ZI mirror fund range currently consists of a varied range of specialist funds from 13 investment management organisations around the world. Each of these funds is available on the majority of Zurich International Life products, except the International Wealth Account, Wealth Preservation Account and Futura.
The additions to the managed fund range include a defensive fund and cautious portfolio. The defensive fund is low risk and invests mainly in fixed interest securities and has only a small exposure to equities. It is designed to be the least volatile in the managed range. The cautious fund also has a bias towards fixed interest securities but around 40% of the portfolio is held in equities.
These two new funds are additions to the existing managed fund range that currently consists of the Adventurous, Performance and Blue Chip funds. The funds are characterised on a sliding scale risk profile. Adventurous consists of mainly equities so potentially has the greatest risk and the greatest potential return.
The managed fund range will also now be available in USD, GBP and EUR denominations.
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