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Norwich Union launches new tranche of guaranteed fund

Norwich Union is to offer a new series of its guaranteed fund, which will be available from 5 September 2005.

The guaranteed fund runs for five years and invests in UK and international equities, bonds, property and cash. At launch between 40 per cent and 45 per cent of the fun will be invested in equities and property but this figure could rise or fall depending on market conditions.

It is actively managed and aims at cautious investors, available through Norwich Union’s Portfolio investment bond and the minimum investment is 5,000.

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