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Selestia adding Schroder fund for investment bonds

Selestia is adding 23 Schroder funds to its collective investment bond and offshore collective investment bond products.

The online business solutions adviser is offering investors the choice of up to 23 equity, bond or multi-manager funds. Until now, these funds were only available to unit trust, Isa and Pep investors.

The funds include eight UK equities, three European equities, two US equities, Japanese equities and Far East equities, three multi-manager and one global emerging market equities, income and specialist equities funds.

Schroders has a total of 106bn under management.

Head of UK retail sales Neil Bridge says: “Selestia has a strong brand and reputation in the UK intermediary market. Following the success of our linkages on the Isa, unit trust and Pep platforms, we are pleased now to have our funds available via Selestia’s investment bond.”

Selestia head of investment marketing Graham Bentley says: “The addition of Schroder’s funds to our investment bond fund range signals our commitment to providing investors with greater choice. We are delighted to extend the availability of these funds to our life product range.”

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