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Cofunds assets top 4bn

Cofunds assets under administration have reached 4bn in four years since launch. The platform attracted 1.7bn in 2004.

The supermarket launched in January 2001 and at its current rate of growth expects to break even in late 2006/ early 2007. It expects its rate of asset accumulation to increase when it launches personal pension and investment bond wrappers through a tie-up with Legal & General, later in the year.

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