SMI adds three with-profit funds

Scottish Mutual International is adding three with-profit funds to its single premium life assurance contract, the Complete Portfolio. The funds, which are available in sterling, dollars and euros, will participate in the investment earnings of the Scottish Mutual International With-Profits fund. The funds are available to both UK residents and non-residents. The current guaranteed bonus rates until March 2001 are 6.35% for the sterling fund and 5.5% for both the dollar and euro funds, net of annual management charges. The terminal bonus rate has been set at 1.5% for all three currencie...