Skandia International launches offshore protected fund

The Royal Skandia Protected Portfolio Investment Global Vista life fund offers investors capital protection with the potential for returns from global equity and bond markets. It delivers returns linked to the following five equally weighted funds: Axa Framlington Emerging Markets, Henderson European Opportunities, Invesco Perpetual Global Bond, M&G Global Basics and Schroder US Smaller Companies. The product is available through Royal Skandia’s offshore portfolio bonds and is open for investment from 1 July to 15 August. The fund launches on 1 September 2008 and opens with a unit price...