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NPI launches sixth series with-profits bond

WITH PROFITS BOND


NPI


SERIES VI WITH PROFIT BOND


Type: Single-premium unitised with-profits bond.


Minimum investment: Initial – £10,000, additions – £1,000.


Bonus rate: Initial bonus rate of 8.5 per cent a year until December 31, 1999.


Allocation rates: £10,000 to £24,999 – 100 per cent, £25,000 to £49,999 – 100.25 per cent, £50,000 to £99,999 – 100.5 per cent, £100,000 – £249,999 – 100.75 per cent and £250,000 plus – 101 per cent.


Charges: Surrender – decreasing from 9 per cent in year one to 1 per cent in year five.


Options: Withdrawals up to a maximum of 10 per cent of original capital a year.


Commission: Initial – 5.25 per cent or 3 per cent plus 0.5 per cent renewal.


Tel: 01892 596098.


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Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

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