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INDEX TRACKER FUND
THE FRIENDS PROVIDENT UK INDEX TRACKER FUND
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Risk Category:
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Balanced Aggressive
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Asset
Allocation:
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Resources 9.8%
General Industrials 5.3%
Consumer Goods 21.5%
Services 14.8%
Utilities 17.7%
Financials 22.4%
Cash 8.5%
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Objective:
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Friends Provident have changed the nature of the Index Tracker fund which is
available as a fund link with all their offshore products as well as UK life and pension products from a FTSE 100 to a FTSE All Share Index tracker.
The change is due in no small part to the difficulties in tracking an index in which Friends Provident are not allowed to hold more than 10% in one stock but where individual companies such as BP Amoco and Vodafone have recently been accounting for up to 14% of the index.
The All Share Index gives the investor exposure to a wider range of UK listed companies and allows Friends Provident to better meet investors expectations by being able to track its performance more closely than would be the case with the FTSE 100 Index going forward.
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Access
The UK Index Tracker Fund
Via The
Zenith
Investment Policy
(lump sum investors)
International Premier Plan
(for regular savers)
Reserve Wealth
Management Account
(for lump sum investors)
In addition to the Friends Provident UK
Index Tracker Fund Royal Skandia also offer index tracking funds.
Both UK and US
markets are catered for by Royal
Skandia.
If
you would like to discuss investing into index tracking funds please click on
the e-mail icon below and forward your request.
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