Prudential has launched its largest fund range on an offshore bond through the Portfolio Account.
Portfolio Account, a single premium offshore portfolio bond, offers access to more than 2,000 funds. Prudential’s second largest offshore range, through the International Prudence bond, offers 50 choices. Richard Leeson, head of UK development at Prudential International, says the portfolio “will provide an alternative for investors who might have looked at fund supermarkets or wraps in the past”. The bond also allows customers to pay in and withdraw money in 11 currencies including the euro, the US dollar and the yen. A spokeswoman for Prudential says the options make it easier for cust...
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