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Royal Skandia – Protected Portfolio Investment – Global Vista Fund

Royal Skandia

Protected Portfolio Investment – Global Vista Fund

Type: Capital-protected unit-linked fund

Aim: Growth linked to an equally weighted basket of funds comprising AXA Framlington emerging markets, Henderson European opportunities, Invesco Perpetual global bond, M&G global basics and Schroder US smaller companies

Minimum investment: Dependent on product wrapper

Place of registration: Isle of Man

Term: Five years and six months

Return: 100% of the growth in the portfolio

Guarantee: Original capital returned in full regardless of the performance of the underlying investments

Closing date: August 15, 2008

Allocation rate: 104%

Charges: Dependent on wrapper product

Commission: Initial 3%

Tel: 01624 655555


Directors’ duties

The initial cause of the credit crunch was the collapse of the US sub-prime market and its knock-on effect has brought an end to cheap and available credit in the UK and raised the spectre of recession.


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