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Newcastle Building Society – Portfolio Balanced Bond

Type: Unit-linked bond and high interest account


Aim: Growth and income by investing in choice of 70 funds

Minimum investment: £2,000

Fund links: Choice of 70 funds from Threadneedle, Fidelity, Schroder, Invesco Perpetual, JPMorgan Fleming, HSBC, Framlington, Newton and Merrill Lynch

Allocation rate: 100%

Charges: Establishment fee 0.5% a year for first five years, annual 1.375%

Switches: Four free a year, thereafter subject to negotiation

Commission: None


Minimum-maximum investment: £2,000-£250,000

Interest rates: 6% gross a year or 5.75% gross a month

Term: One year

Offer period: Until August 29, 2003

Withdrawal penalties: No withdrawals permitted during term

Tel: 0845 606 5522


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