View more on these topics

Hendersons fund of funds for Pep transfers


Henderson Investors


Aim: To provide a consolidation vehicle for existing Pep investors through a choice of income or growth fund of funds portfolio&#39s of internally and externally managed funds.

Minimum investment: £5,000.

Investment choice: Growth portfolio – UK – 54.97 per cent, emerging markets – 1.05 per cent, Europe – 23.18, Japan – 4.46 per cent, Pacific – 2.05 per cent, North America – 7.34 per cent, other – 2.39 per cent. and cash – 4.56 per cent. Income portfolio – UK – 81.46 per cent, emerging markets – 0.63 per cent, Europe – 5.07 per cent, Japan – 1.86 per cent, Pacific – 0.71 per cent, North America – 2.94 per cent, other – 5.54 per cent and cash – 1.79 per cent.

Yield: Income – 150 per cent of FTSE Allshare yield, Growth – nil.

Charges: Initial – nil, annual – 1.5 per cent.

Commission: Initial – 3 per cent, annual – 0.5 per cent.

Tel: 0800 881144.


Pru boasts of with-profits performance

Prudential expects its with profits annuity to continue to register strong levels of growth beating other comparable products.Over the 7-year period between April 1992 and April 1999, the life office expects to outperform its rivals, having outstripped comparable annuities in mid-1997.Prudential&#39s anticipated with profits annuity bonus is 3.5 per cent a year.

Newcastle Building Society New Range of Mortgages

Newcastle Building SocietyFIXED RATE MORTGAGESFixed terms: Until December 31, 2001 or 2003.Fixed rates: Three year – option one – 5.94 per cent, option two – 6.58 per cent and five year – 7.5 per cent.Minimum loan: £15,000.Maximum loan: Up to 90 per cent of valuation subject to a maximum of £250,000.Income multiples: Three times principal […]

Pru maintains rate for Egg

Prudential is maintaining its launch interest rates on its new Egg product despite the cut in base rates.It will maintain the launch savings rate of 8 per cent gross a year with interest on the ATM card option remaining at 7.5 per centEgg is central to the Prudential&#39s strategy to provide a broad range of […]

AIM pushes six companies

AIM believes that the market slide over 31 per cent in the last six months has thrown up bargain stocks.It is recommending six companies that it believes are undervalued and provide good growth prospects.They are Furlong Homes, Gartland Whalley & Barker, C & B Publishing, VFG, Mears Group and Shalibane.


News and expert analysis straight to your inbox

Sign up


    Leave a comment