Premier Fund Managers is launching a Euro Protector Fund as a sub-fund of its Dublin based Oeic.
The Euro Protector aims to achieve long term capital growth with the re-assurance of a protected downside.
The fund like its Oeic sub-fund counterparts, the UK Equity and Global Equity Protector funds offers a quarterly minimum return of 97 per cent.
A minimum 90 per cent of the fund will invest in a diversified portfolio of highly rated fixed interest securities.
The minimum investment is euro 1,500.
The initial charge is 5 per cent, but this is discounted by 1 per cent until July 31. The annual management charge is 1 per cent.