VitalityInvest launches two 'protector' funds

The firm said the launches would offer advisers more diverse opportunities for growth and returns for their clients. It added that both funds, which are invested in structured products, have been created for clients with medium to low-risk appetite in mind. The VitalityInvest Protector Growth Fund, according to the firm, is designed for clients who want upside equity exposure, while safeguarding against the risk of falls in the equity market. After five years, provided markets go up, clients get back their original investment plus 150% of the growth in the FTSE 100 index. If the index...