News Release
28 April 2008
Friends Provident International adds new funds
Friends Provident International (FPI), a leading offshore provider and the international arm of Friends Provident Group, today announced the launch of new mirror fund links which are SFC authorised#. This takes the total number of the FPI mirror fund range open to Hong Kong investors to more than 150.
The new mirror funds cover a number of key investment areas, including diversified multi-asset links, higher-risk emerging market and thematic funds.
The 4 new SFC authorised mirror funds are:
Global Emerging Markets
Allianz RCM BRIC Equity*
Schroder Middle East*
Far East & Pacific Single Country
First State China Growth*
Japan
Allianz GIS RCM Japan*
Commenting on the launch, Jim Henning, funds marketing and research manager at FPI said:
“Despite the recent roller-coaster markets, we have seen strong interest from investors in a number of specialist sectors. They include developing markets and thematic-based funds.“Whilst some of these new funds are targeted at the more risk tolerant investor, we have complemented them with a strengthening in our ‘core’ multi-asset fund range.
“Taken together, these new funds clearly demonstrate FPI’s commitment to building a market-leading mirror fund proposition for advisers to build sensibly diversified portfolios for their clients.”
For further information, independent financial advisers should contact their FPI regional sales manager or visit www.fpinternational.com.hk.
# In giving this authorization, the Hong Kong Securities and Futures Commission has made no assessment of, nor does it take responsibility for, the financial soundness or merits of the mirror funds, nor has it verified the accuracy or truthfulness of statements or opinion expressed in the corresponding documentation.
* Access to these funds is only available through the Friends Provident International’s product range. For Hong Kong residents, please refer to the Product Principal Brochure for details.
Investment involves risks. Past performance should not be viewed as an indication of future performance. Fund prices may go up and down depending upon underlying investment performance, and the value of your investment cannot be guaranteed.
The unit-linked products through which you may invest in these funds are not designed for early surrender and a discontinuance charge may be applied. These funds are intended for medium to long-term investment.
About Friends Provident:
Friends Provident Life and Pensions Limited is part of the Friends Provident Group of companies. The holding company Friends Provident plc is a member of the FTSE 100. With more than 2.5 million customers, the Group employs over 5,000 staff in its three core businesses: UK Life & Pensions, International Life & Pensions and Asset Management. With a strong heritage since 1832, Friends Provident Group has strong financial ratings: Standard & Poor's rating of A and Moody's rating of A2.
About Friends Provident International:
Friends Provident International (FPI) is the international component of Friends Provident's business, which operates throughout the UK, Europe, Asia, and the Middle East. FPI has committed to the Hong Kong market for 20 years.
See www.fpinternational.com.hk for further information on Friends Provident International in Hong Kong.
IMPORTANT INFORMATION
Friends Provident International is the trading name of Friends Provident Life and Pensions Limited and Friends Provident Life Assurance Limited for business conducted outside the United Kingdom.
Registered & Head office: Pixham End, Dorking, Surrey RH4 1QA, England. Incorporated companies limited by shares and registered in England.
Salisbury Office: United Kingdom House, Castle Street, Salisbury, Wiltshire SP1 3SH, England. Telephone number: +44(0) 1722 311 611, Facsimile number: +44(0) 1481 712 069.
Friends Provident International is the trading name of Friends Provident International Limited. Authorised by the Isle of Man Insurance and Pensions Authority. Registered & Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA. Telephone number: +44(0) 1624 821 821, Facsimile number: +44(0) 1624 824 405.
Incorporated company limited by shares. Registered in the Isle of Man No. 11494 All are members of the Association of International Life Offices.
Hong Kong Office: Suites 1203-1211, Two Pacific Place, 88 Queensway, Hong Kong. Telephone number: +852 2524 2027, Facsimile number: +852 2868 4983.
Copyright© 2008 Friends Provident International. All rights reserved.
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