Premier opens combination fund

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The Premier Group has launched a fund that invests in a combination of with-profits funds, commercia...

The Premier Group has launched a fund that invests in a combination of with-profits funds, commercial property and low-volatility hedge funds. The Premier Balanced fund is domiciled on the Isle of Man and has a minimum investment of $10,000 or euro or sterling equivalent. There will be a minimum asset allocation of 25% in with-profits and property and a maximum of 50% in these classes. Hedge funds will have a maximum asset allocation of 50%. The product is designed to take full advantage of improved investment conditions and an upturn in equity markets, while maintaining a risk-averse ...

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