Offshore bond launch from Clerical Medical

Professional Adviser
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product to make its debut a month before CMI restructures its trust range

Clerical Medical International (CMI) this week launches an offshore bond offering underlying funds from more than 170 investment houses. The bond, targeted at high net worth individuals, includes three offshore with-profit opt- ions and access to 33 Clerical Medical funds. CMI Global Investor, a single premium whole of life policy, has two underlying account types. There is the Privilege Account for UK and overseas investors investing solely in collective investment schemes, and a Personal Account for overseas investors only, with wider investment options. The minimum investment is ...

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