Zurich launches distribution fund via its sterling wrapper

Zurich has launched a Distribution fund via its Sterling Bond wrapper, investing in a mix of high-yi...

Zurich has launched a Distribution fund via its Sterling Bond wrapper, investing in a mix of high-yielding equities, gilts and property. The fund is aimed at moderately cautious investors and the asset mix is reviewed daily. Income is payable monthly, although investors have the option to switch off the regular withdrawal facility at any time. There is a minimum switching and new investment amount of £5,000 and top-ups should be at least £1,000. Investors are allowed limitless free switches into any of the 120 plus funds in the bond. Overall, the Sterling Bond has three charging structur...