SIX new funds for customers looking for equity exposure while maintaining a level of capital protection.
Says a spokesperson: “AEGON Ireland has launched six new protected funds aimed at advisers who have clients interested in some form of equity exposure while maintaining a degree of capital protection.
“The new protected fund range covers different equity markets including North America, Europe, Japan, Asia, the UK and global emerging markets.”
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
The spokesperson continued: “All six funds have Constant Proportion Portfolio Insurance (CPPI) meaning the balance of the fund invested between equities and cash is constantly shifted, depending on the performance of the funds, with the minimum level of protection set at 80 per cent of the highest ever unit price.”
David Aaron, marketing communications manager for Investment Products at AEGON, 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.
“With the launch of the new protected funds, customers will have exposure to some of the upside of equity investment returns, while at the same time maintaining a reassuring and defined level of capital protection.”
Customers can access the protected fund range through AEGON Ireland’s Wealth Management Portfolio, Wealth Planning Account or Flexible Investment Plan products.
Advisers can find out more by contacting their local AEGON Ireland sales consultant or by visiting www.aegon.ie/adviser/index.html
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Media Relations Manager
0131 5492859/ 07740 897282
Notes to Editors
On 22 June AEGON announced that it intends to focus its business strategy on the UK ‘at retirement’ market and corporate pensions markets.
In the UK AEGON offers pensions, life insurance, asset management and financial advice to around two million customers. AEGON UK has assets under administration of £53.6 billion and employs approximately 4,900 staff.
As an international life insurance, pension and investment company based in The Hague, AEGON has approximately 28,000 employees world wide and 40 million customers in the Americas, Europe and Asia. AEGON’s revenue generating investments totalled EUR 388 billion at 31 March 2010.
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