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Norwich Union – Active Protector Fund

Norwich Union

Active Protector Fund

Type: Oeic fund of funds

Aim: Growth by investing initially in six Norwich Union funds and then in cash deposits to protect 80% of the highest share price from stockmarket falls

Minimum investment: Lump sum 1,000 or 500 through an Isa, monthly 50

Investment split: 15% Norwich Union UK equity income,10% Norwich Union UK growth, 30% Norwich Union UK index tracking, 5% Norwich Union UK smaller companies, 10% Norwich Union managed high income fund, 30% Norwich Union corporate bond fund

Isa link: Yes

Pep transfers: Yes

Charges: Initial 5%, annual 0.75%-1% plus annual 0.75% for protection element

Commission: Initial up to 3.5%, renewal 0.25%

Special offer: Initial commission increased up to 5%

Offer period: Until July 1, 2005

Tel: 0845 9444800

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