The new protected fund range covers different equity markets including North America, Europe, Japan, Asia and global emerging markets.
All six funds have ‘Constant Proportion Portfolio Insurance’ meaning the balance of the fund invested between equities and cash is consistently shifted, depending on the performance of the product, with the minimum level of protection set at 80% of the highest ever unit price.
The six funds are:
- Protected North American Equity Select Portfolio Fund
- Protected European Equity Select Portfolio Fund
- Protected Japanese Equity Select Portfolio Fund
- Protected UK Equity Select Portfolio Fund
- Protected Global Emerging Equity Markets Fund
- Protected Asian (Ex-Japan) Equity Markets Fund
Marketing communications manager David Aaron said: “Signs of improvements in stock markets are continuing, however many people who are nearing or already in retirement remain nervous about investing large proportions of their money into equities. These funds may be suited to advisers who have clients looking for a degree of certainty with their investments.”
Customers can access the protected fund range through Aegon Ireland’s Wealth Management Portfolio, Wealth Planning Account or Flexible Investment Plan products.
