Bestinvest says
No information available.
The Skandia Life Index Fund aims to perform in line with the median fund in the Balanced Managed Funds Sector, as published by Standard & Poor’s Fund Services. It invests in a well diversified portfolio with long term asset allocation of global equities and global fixed interest securities and cash, with a bias towards the UK.The precise split will vary with market movements, but will be strictly controlled within closely defined ranges. Skandia Life have appointed specialist managers to manage the fund, and continuously monitors these appointments. Investment is through a range of directly invested portfolios and leading collective investment schemes. Performance will be driven by a combination of market returns and asset allocation between markets, and the performance of the fund will therefore be determined by movements in both asset prices and currency exchange rates.