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Skandia MultiFunds – Protected Portfolio Investment

Skandia MultiFunds

Protected Portfolio Investment

Type: Capital-protected bond

Aim: Growth linked equally to the performance of the Artemis income, Schroder UK mid-250, New Star UK alpha, Norwich property trust and Invesco Perpetual UK corporate bond funds

Minimum-maximum investment: £3,000-no maximum, Isa £7,000

Term: Six years

Return: Averaged return maximum protection – 100% of the growth in underlying portfolio, averaged return strategic growth – 200% of growth in underlying portfolio, assured return – the greater of 17 per cent of original investment or 50% of the growth in the underlying portfolio, absolute return – 70% of the growth in the underlying portfolio

Guarantee: Averaged return maximum protection and absolute return – Original capital returned in full at end of term regardless of performance of underlying portfolio, averaged return strategic growth – 80% of capital returned at end of term regardless of performance of underlying portfolio, assured return – Original capital returned in full along with 17% of original investment at the end of the term regardless of performance of underlying portfolio

Closing date: October 16, 2006, October 2, 2006 for Pep/Isa transfers

Commission: Initial 3%

Tel: 023 8033 4411

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