Offshore provider SG Life is to launch a structured product with returns linked to a fund of funds ...
Offshore provider SG Life is to launch a structured product with returns linked to a fund of funds style portfolio. The Guernsey-based Dynamic Capital Protected Fund is being offered through the company's offshore bond and will invest in a basket of funds from groups including Fidelity and Schroders. The product is to be invested over eight years from 1 August and offers a guaranteed annual income of 1% per year or 108.6% capital protection on the growth version. Investors in the sterling-denominated product also gain exposure to upside returns generated by the underlying funds. Amon...
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