Scottish Provident International (SPI) is preparing to launch an offshore technology bond in partners...
Scottish Provident International (SPI) is preparing to launch an offshore technology bond in partnership with Aberdeen Asset Management. The new bond has access to SPI's Global Tech fund and their European tech fund, both of which are advised by Aberdeen. The Global Technology fund has achieved 63.4% over six months, 125.5% over one year and 421% over three years. There is a 6% charge up-front for establishing the bond. This covers commissions. Then there is a 1.98% annual management charge priced into the fund. There are no exit fees or withdrawal clauses. SPI approves of Aberdeen's focu...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes