Royal Skandia has launched a US dollar-denominated capital protected product hat invests in a bask...
Royal Skandia has launched a US dollar-denominated capital protected product hat invests in a basket of growth funds. The US Dollar Protected Equity Performance fund invests 50% in the Merrill Lynch Global Equity fund; 25% in the Morgan Stanley US Equity Growth; and 25% in the JPMF American Equity. Nic Burton, marketing manager at Royal Skandia, said: "After research with brokers in the Far East and Middle East these three funds were the ones the brokers favoured the most." By offering a highly actively managed fund set, Skandia hopes to attract investors who are keen to beat the i...
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