Friends Provident International (FPI) has introduced the UltimaBond, a single premium investment bon...
Friends Provident International (FPI) has introduced the UltimaBond, a single premium investment bond aimed at UK expatriates within the EEA (European Economic Area).
The bond provides access to 54 funds, over 40% of which are euro denominated, including the Baring Eastern Europe and New Star GIF European Growth.
Property funds also feature heavily and include a broad mix of property types, geographical exposure and the potential to access the more under-developed global property market. In addition, there are a number of lower-risk funds for the more cautious investor.
The fund is available in three currencies (sterling, euro and US dollar) and allows unlimited free switching and a 10% penalty free withdrawal allowance per annum. There is also a loyalty bonus after five years' continuous investment with a further one-off loyalty bonus payable on the 10th anniversary of each investment.
Partner Insight: Continuing the Architas education series for clients.
What made financial headlines over the weekend?
290,000 already affected
Putting the tech into protection
Square Mile’s series of informal interviews