A new capital-protected fund has been made available exclusively to investors in Friends Provident International's regular savings and investment bond products.
The 80% Global Growth Protector fund is backed by BlackRock and HSBC, with the former supplying the investment expertise and the latter the capital protection. The fund seeks to generate unlimited returns from a dynamically managed basket of equity assets whilst simultaneously offering an explicit protection level against downside risk, using fixed interest and deposit investments. The fund is heavily weighted towards the Asian growth story, with 30% of the portfolio at launch invested either directly in the region or in asset classes or sectors expected to benefit from Asian growth. The ...
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