Prudential International and Royal Skandia have announced new fund links to their offshore bonds.Pru...
Prudential International and Royal Skandia have announced new fund links to their offshore bonds.Prudential International has added the Prudential Cautious Managed Growth fund and the Prudential Managed Defensive fund, specifically designed for the more cautious investor, to its International Prudence Bond.
The Cautious Managed Growth fund aims to provide an absolute return that is higher than inflation and the Managed Defensive fund focuses on capital preservation with a cash-beating return.
To achieve this balance, Prudential's portfolio management group will build the investment portfolio from a wide range of assets, including UK and international stocks, bonds and property.
Royal Skandia has added Nedgroup IP Guarded Strategy, Nedgroup IP Diversified Strategy, Nedgroup IP Accelerated Strategy, Merrill Lynch World Mining, Newton International Growth, Newton International Bond, Axa World Funds Framlington Health, New Star Global Financials, New Star Pan European Equity and New Star Euro High Yield to its offshore bond.
Nedbank is a new fund group for Royal Skandia and its funds have been added following demand from overseas clients.
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