ABN AMRO Asset Management has announced that its ABN AMRO Capital Protected Lifecycle Funds (CPLFs) are now available on platforms from Standard Life, Norwich Union LifeTime, Nucleus, Abbey/ James Hay, Scottish Life and Transact.
The six CPLFs have maturity dates from 2010 to 2035 and invest in a multi-asset combination of equity, fixed income and cash. Over the last year the funds have delivered strong returns; someone investing in the 2035 Fund has benefited from having their capital fully protected and has seen it increase in value by 13.6%. This gain cannot be lost regardless of market volatility (when held to maturity) and if the investor needs to withdraw some or all of their investment they can do so at the current value.
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