With profits focus for BOE

Isle of Man-based BoE Life International (BoELI) has launched a with profits bond, half invested in hedge funds, to be distributed through Royal Skandia, Canada Life International and directly to UK-based advisers. The company will run a series of seminars to promote the product, starting in Edinburgh on 19 November and ending on 27 November in Gatwick. The single premium sterling-denominated bond will invest in the BoELI Series 4 With-Profits Fund, which invests 50% in funds of hedge funds and 50% in equities, bonds and cash. It is currently invested about 30% in equities and 20% in b...