Skandia International launches issue two of the Investec Autocall linked fund
Share
Print
Print Share

06/05/2014

Following the launch in March 2014 of the innovative RS GBP Investec FTSE™ 100 Defensive Autocall Fund, available through its UK offshore portfolio bond, Skandia International has today announced the launch of a second issue.

Following the launch of the innovative RS GBP Investec FTSE™ 100 Defensive Autocall Fund available through its UK offshore portfolio bond in March this year, Skandia International has today announced the launch of a second issue.

The fund is exclusive to the Skandia International offshore portfolio bond wrapper and aims to repay the initial investment as well as delivering a return of 7% a year, provided the FTSE™ 100 is above a specified level (Autocall level) on a specified date (Autocall date). 

This issue of the fund is available for investment from 28 April 2014 until 6 June 2014, following which a new version will launch every six weeks, until October 2014.  

Mark Tully, Head of Structured Solutions at Skandia International, comments:

“We are happy to be working with Investec on a second issue of the Autocall linked fund. The demand for structured solutions, offering the potential for steady returns with an element of capital protection, is increasing as investor confidence in the UK economy grows. By making this fund available through our offshore bond wrapper we are offering advisers and their client’s greater flexibility in how they construct investment portfolios. ”

To find out more about the RS GBP Investec FTSE™ 100 Defensive Autocall Fund Issue 2 click here.

Skandia International is registered as a business name of Royal Skandia Life Assurance Limited

For more information contact

Amelie ShepherdOld Mutual Wealth02380 916 09107834 499 596
Sophie LentonOld Mutual Wealth02380 916 77007834 499 558

Notes to editors:

About Quilter plc:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £116.5 billion in customer investments (as at 30 June 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

• The Multi-asset business is now Quilter Investors

• Intrinsic to Quilter Financial Planning

• Private Client Advisers to Quilter Private Client Advisers

• The UK Platform to Quilter Wealth Solutions

• The International business to Quilter International

• The Heritage life assurance business to Quilter Life Assurance

• Quilter Cheviot will retain its name

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.