Investors in Friends Provident's High Income Bond are being offered the chance to roll over into the...
Investors in Friends Provident's High Income Bond are being offered the chance to roll over into the open ended Flexible Income and Growth Bond when their contracts mature on 18 September. The second product is a monthly income fund that allows investors to reinvest for capital growth. Its portfolio is focused on low to medium risk corporate bonds, equities, and gilts, and comes with a 5-star rating from Standard & Poor's. According to FP it is too early to tell what the take-up is for the Income and Growth Bond as the information has only just been mailed out to clients.
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