View more on these topics

New Star Investment Funds – New Star High Yield Bond Fund

Wednesday, 4 September 2002

Type: Oeic

Aim: Income by investing in high yield and investment grade bonds

Minimum investment: Lump sum £1,000, monthly £100

Investment split: High yield bonds 55%, investment grade bonds 45%

Yield: 7% gross

Isa link: Yes

Pep transfers: Yes

Charges: Initial 4.25%, annual 1%

Special offer: Initial charge discounted by 0.5% on lump sum investments,
0.75% on Isa investments and Pep transfers

Offer period: Until October 11, 2002

Commission: Initial 3%, renewal 0.3%

Tel: 0845 6088704


Now is the winter of our pension discontent, warns TUC chief Monks

TUC general secretary John Monks is predicting more industrial strife over pensions in the coming months and says he would support anybody who takes militant action on the issue. Referring to the two recent one-day strikes by the ISTC union representing workers at the Caparo Steel Group, Monks says he can see more such action […]

60 per cent of workers support compulsion

Sixty per cent of UK workers believe they should be compelled to pay into a company pension scheme in addition to State pension contributions, according to a survey for the National Association of Pension Funds. Public awareness of which Government department deals with pensions is virtually non-existent with only 7 per cent naming the Department […]

Two new fixed rates from Chelsea

Chelsea Building Society has announced the launch of two fixed rate mortgages available from August 31. The first will be capped at 2.99 per cent for two years and the other fixed at 4.69 per cent for three years. Both will revert to the Society&#39s standard variable rate following the fixed periods. Chelsea&#39s SVR is […]

Indian government bails out unit trust

The Unit Trust of India is set for a £2bn rescue package from the Indian Government after years of poor performance. The investment vehicle has 29m investors and was set up in 1964 by Act of Parliament and has a current direct salesforce of 64,000. It is the biggest investor in Indian equities.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm