View more on these topics

Deutsche Bank – Xavex Hedgefirst

Thursday, 1st March 2001.



Type: Investment trust.

Aim: Growth by investing in hedge funds.

Minimum investment: £7,000.

Maximum investment: No maximum.

Investment split: 100 per cent in hedge funds.

Types of share: Ordinary.

Isa link: Yes.

Pep transfers: No.

Redemption date: None.

Charges: Initial up to 1.6 per cent, annual 1.5 per cent.

Commission: Initial up to 3 per cent, renewal 0.5 per cent for Isas only.

Tel: 0845 1200360.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recommended

Gnawing at carrots

It has been reported that the Chancellor is expected to resist any immediate change to the pension annuity system. The current rules require that any part of a pension fund not taken as permissible tax-free cash is used to purchase an annuity at an age not later than 75 as the means of providing a […]

Staffordshire Building Society offers new mortgage range

Staffordshire Building Society is launching a new range of mortgage products and a loyalty bonus for existing borrowers.Staffordshire is offering a discount of 2.26 per cent off its standard variable rate of 7.25 per cent until June 2003, with £350 cashback, free valuation and no product arrangement fee.It is also offering a stepped rate discount […]

Hodge Bank rebrands its equity-release operations

Julian Hodge Bank is rebranding its equity-release operations as Hodge Equity Release. The new operation will be responsible for marketing all the bank&#39s equity release and home-income plan products through IFAs. The bank is also changing the name of home-income plan division Carlyle Life to Hodge Life. To mark the rebranding, HER is offering two […]

CII pension exams may be compulsory

Several major IFAs and networks may soon make new Chartered Insurance Institute pension exams compulsory for all RIs advising on retirement planning, according to industry experts. The new exams include K10, which covers retirement options, and K20, which covers pension investments such as annuities and income drawdown. CII vice-president Peter Williams says: “Some national IFAs […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment