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Royal & SunAlliance relaunches its Unit Trust Peps


Royal & SunAlliance Investments


Aim: To achieve capital growth and/or income through investment in Royal & SunAlliance&#39s unit trust range.

Minimum investment: Single – £1,000, additions – £1,000 and regular – £50.

Investment choice: Equity income, equity, FTSE 100 tracker, European, UK smaller companies, portfolio, managed, growth & income and North America.

Yield: Ranges from 0.28 per cent to 4.12 per cent depending on fund chosen.

Charges: Initial – 5 per cent, annual – ranges from 1 per cent to 1.25 per cent depending on fund chosen.

Commission: Initial – 4 per cent, renewal – 0.5 per cent.

Tel: 0345 413673.


The Mortgage Operation discounts until June 2000

The Mortgage OperationDISCOUNTED RATE MORTGAGEDiscounted term: Until June 1, 2000. Discounted rate: 2 per cent.Payable rate: 7.45 per cent.Minimum loan: £25,001.Maximum loan: Up to 100 per cent of valuation subject to a maximum of £100,000.Income multiples: Three times principal income plus second or 2.5 times joint. Arrangement fee: None.Redemption fee: 5 per cent until December […]

Alliance & Leicester brings Energy to the mortgage market

Alliance & LeicesterFREE ENERGY MORTGAGEType: Discounted rate mortgage offering free gas and electricity through London Electricity for three years.Discounted term: Three years.Discounted rate: 1 per cent.Payable rate: 7.95 per cent.Minimum loan: £50,000.Maximum loan: Up to 95 per cent of valuation.Income multiples: First time buyers – 3.25 times principal income plus second or 2.75 times joint. […]

Market Harborough Building Society looks Ahead to ISAs

HIGH INTEREST ACCOUNTSMarket Harborough Building SocietyISA AHEAD ACCOUNTType: High interest account for pre-individual savings account investments into either mini or maxi ISA&#39s.Minimum-maximum investment: Mini – £3,000, maxi – £7,000.Interest rates: Mini – 7.75 per cent, maxi – 7.95 per cent.Term: Until April 5, 1998.Special offer: 0.5 per cent interest bonus until April 2000 for transfers […]

Morgan Grenfell goes global with World Bonds Oeic

OFFSHORE INVESTMENTSMorgan GrenfellWORLD BONDSType: Sub-fund of Morgan Grenfell Global Select Funds, a Dublin based open ended investment company.Aim: To achieve capital growth and or income through investment in a portfolio of world bonds using the Salomon World Government Bond Index as its benchmark.Types of share: A – retail, B – institutional.Minimum investment: A shares – […]


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