Skandia to launch further Protected Portfolio tranche

Skandia is to launch a further tranche of its Protected Portfolio product, offering four different r...

Skandia is to launch a further tranche of its Protected Portfolio product, offering four different return profiles. All four versions are linked to a basket of five equally weighted funds, namely Fidelity Special Situations, Schroder UK Mid 250, New Star UK Aggressive, Norwich Property Trust and Invesco Perpetual Corporate Bond. Dividends are re-invested on all the funds within the basket. The first option is the five-year Averaged Return, which offers two averaging choices across the term. Under option one, the product gives a 100% minimum capital return at maturity plus 100% of the aver...