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Aviva Investors – Defined Growth Fund 2

Aviva Investors – Defined Growth Fund 2

Type: Capital-protected Oeic

Aim: Growth linked to the performance of the FTSE 100 index

 Minimum-maximum investment: Lump sum £1,000-no maximum, Isa £500 – £10,680

Term: Six years

Return: 9% growth plus original capital at the end of year one providing the index is at or above its initial value, 18% growth plus capital at the end of year, 27% growth plus capital at the end of year three, 36% growth plus capital at the end of year four or 45% growth plus capital at the end of year five or 54% growth at the end of year six.

Protection: Original capital returned in full at the end of the term provided the index does not fall by more than 50% without returning to at least its initial value

Closing date: November 25, 2011

Commission: Initial 3%




Financial Services Practitioner Panel appoints chairman

The Financial Services Practitioner Panel has appointed Deloitte UK vice chairman Russell Collins as its chairman. Collins headed up Deloitte’s financial services team from 2002 to 2011. He succeeds outgoing Yorkshire Building Society chief executive Iain Cornish, who is leaving the society at the end of the year to join St James’s Place as non-executive […]

Cofunds’ changes impressive but could do better

I had been looking forward to Cofunds’ RDR strategic announcement as I expected it to shake the market up. It did not do that, preferring to be measured. Let’s have a look at what it did unveil. Financial strength – it is profitable, well diversified and has £45m in the bank. 750,000 customers, 7,500 advisers, […]

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Too early to say if finance bill will be a vehicle for bank reform, claims Cable

Business Secretary Vince Cable says it is too early to say how much of the legislation that brings in the Independent Commission on Banking’s recommendations will be included in the Financial Services Bill. Earlier this month, Chancellor George Osborne told Parliament that the bill “might well” be a vehicle for the reforms but that some […]

Life begins at…

By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]


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