Skandia Ireland has added 10 new funds links to its regular and single premium products, which will ...
Skandia Ireland has added 10 new funds links to its regular and single premium products, which will be available through-out Europe.
The additions include a range of portfolios from BlackRock Merrill Lynch, HSBC, JPMorgan, and Gartmore, covering a mix of asset classes and risk profiles.
Alex Jones, a spokesperson for Skandia, said: "These 10 funds will offer our European customers even more diversity and portfolios can be constructed to include any of the other funds in our range of about 80."
Four funds from BlackRock Merrill Lynch have been added. These include its World Mining fund, managed by Evy Hambro, which has achieved an annualised return of 39.4% compared to the HSBC Global Mining index of 31.3% over a five-year period. Also added to the range are its World Energy, Latin American and Global Bond portfolios.
The HSBC vehicles include three region portfolios and comprise of a US index, Indian equity and Chinese equity funds. All these products are part of HSBC's global investment funds range.
The two JPMorgan funds included are its Global Dynamic fund and a UK equity product.
The only Gartmore fund to be added is its Luxembourg-domiciled Sterling Corporate Bond portfolio.
The vehicles will be available in Skandia's regular premium products - the European Savings Account and European Pension Account, which have a minimum monthly investment of £150.
They are also available in its single premium product - the European Capital Account, which has a minimum lump-sum investment of £10,000. key points
Skandia Ireland adds 10 funds to its range
Products to be available throughout Europe
Funds sold via its regular and single premium accounts
£92bn transferred since 2015
Achievements, charity work and other happy snippets
Since first announcement