product launch
Axa International's offshore portfolio bond wrapper has added a viaticals fund to its third party product links. The Lifeline Capital Growth fund is a dollar-denominated Isle of Man domiciled fund run by Pacific Continental Securities, invested in traded life policies and viatical settlements. The vehicle targets a 27% gain per three-year rolling time period. There is a 2% annual management fee deducted monthly. However it will be rebated at the end of the three-year rolling period if the return is sub-27% net of fees. Lifeline has now entered its offer period and is looking to rais...
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