Skandia Investment Management
US Equity Blend Fund
Type: Multi-manager Oeic
Aim: Growth by investing in US equty funds and segregated mandates
Minimum investment: Lump sum 1,000, monthly 50
Investment split: 31% Alliance Bernstein segregated mandate, 31% T Rowe Price growth segregated mandate, 19% T Rowe Price core segregated mandate, 19% Legg Mason US equity fund
Isa link: Yes
Pep transfers: Yes
Charges:Initial 5%, annual 1.5%
Commission: Initial 3.5%, renewal 0.5%
Tel: 020 7220 3531
Premier Asset Managements halcyon extra income fund is an Oeic fund of funds that is aimed particularly at older investors who may be looking for ways to fund their long-term care needs.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
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