Zurich International Life has added a further range of funds to its existing portfolio that will be available to both individual and corporate clients. These include additions to its managed fund range, retirement products and two new Swiss franc portfolios.
The Swiss franc portfolios include a money fund and a Zurich International UBS Swiss franc bond account.
The Swiss franc money fund will be added to its low-risk funds and is designed for short-term investors.
The low-risk fund range is currently made up of the Secure Money and Guaranteed Accumulation funds.
Meanwhile, the Zurich International UBS Swiss Franc Bond is to be added to the group's mirror fund range.
This fund mirrors a UBS portfolio that invests in a broad range of high quality Swiss franc bonds.
The Zurich International mirror fund range currently consists of specialist funds from 13 investment management organisations.
Apart from the the International Wealth Account and Futura, each of these is available on the majority of Zurich International Life products.
The additions to the managed fund range include defensive and cautious portfolios. The defensive fund is designed to be low risk and low volatility and invests mainly in fixed interest securities with only a small exposure to equities.
The cautious fund also has a bias towards fixed interest but around 40% of the portfolio is held in equities.
These two new funds are additions to the existing managed fund range that currently consists of the Adventurous, Performance and Blue Chip funds, which are designed on a sliding scale of risk.
Adventurous is characterised as the highest risk of the three, consisting mostly of equities.
The managed fund range will also be available in dollar, sterling and euro denominations.
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