Jun 26 2006
Leading investment platform Fidelity FundsNetwork is almost doubling the number of distribution funds on offer with one of its bonds.
The FundsNetwork Investment Bond provided by Standard Life will now offer savers additional funds from F&C Multi Manager Distribution, Prudential Distribution and Standard Life Investments Dynamic Distribution.
The new funds, increasing the choice ahead of traditional life company investment bonds, will add to the already successful existing distribution funds linked to the bond - Invesco Perpetual, New Star, Jupiter and Standard Life.
"Distribution funds remain a popular choice for both new investors - particularly in the current market environment - and as a transparent home for legacy assets such as with-profits," said Nic Burton from FundsNetwork.
"By welcoming the F&C, Standard Life and Prudential distribution funds onto the bond platform, advisers can be assured of access to one of the best 'distribution bond propositions' combined with the ability to manage it alongside other products on the platform."
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