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Legg Mason Investments – Legg Mason Asia Pacific Fund

Type: Oeic

Growth by investing in companies in the Asia Pacific region excluding Japan

Minimum investment:
Lump sum £3,000,
monthly £50

Investment split:
Financials 22.47%, industrials 19.67%, Information technology 18.82%, materials 13.88%, consumer discretionary 6.26% telecoms services 4.7%, healthcare 4.58%, energy 2.11%consumer staples 0.99%, utilities 0.74%, cash 5.78%

Isa link:

Pep transfers:

Initial 4.25%,
annual 1.5%

Initial 3%,
renewal 0.5%

Tel:020 7070 7400


Axa Investment Managers – UK Corporate Bond Fund

Type: Oeic Aim: Income and growth by investing mainly in investment-grade UK corporate bonds Minimum investment: Lump sum £1,000, monthly £50 Investment split: 100% corporate bonds Isa link: Yes Pep transfer: Yes Charges: Initial 5%, annual 0.75% Commission: Initial 3%, renewal 0.5% Tel: 020 7003 1234

NU aggregates £500,000 critical cover cap

Norwich Union is to extend its £500,000 cap on individual critical-illness cover to include other policies either with the company or with rivals. From August last year, a £500,000 cap was put on individual CI applications which will be imposed on an aggregate basis from March, meaning that other policies are to be counted into […]

…but CA says watchdog is undermined…

The Consumers&#39 Association has come out strongly against any appeal on FOS decisions. CA senior policy adviser Mick McAteer, speaking out against IFA trade bodies lobbying for an appeal process, says any additional appeal would further undermine consumer confidence. He says the investigation into whether the FSA can take cases off the FOS if they […]

Press critical of life companies

Life insurance companies got more national press coverage than mortgage firms last year but most of the life coverage was negative, according to the Presswatch 2003 annual financial products report. It says the reason why life insurance gained so much coverage was to do with problems in the sector such as the closure of life […]


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