Euro fund grows by 26%

Standard Life claims its Euro Protection Fund has surpassed all expectations by providing growth of 26 per cent in the 26 weeks…

Standard Life claims its Euro Protection Fund has surpassed all expectations by providing growth of 26 per cent in the 26 weeks since its launch. The fund combines European equity investment with protection against significant falls in the markets. It invests 85 per cent in European equities from the Eurostoxx 50.

Investment in the Euro Protection Fund is through a single premium bond. There is a 1.5 per cent annual fund management charge, a percentage of this is deducted daily. There are no bid-offer spreads or initial charges. The minimum investment is £7,500 (€9,523). Past performance is no guarantee of future returns.