The New Star European High Yield, New Star Pan European Equity and New Star Global Financials funds will be available as self select unit linked funds for the Capital Redemption Bond and Capital Investment Account products of Royal Skandia from 1 March 2007. The Funds will be available in all currencies, GBP, EUR, USD and HKD.
The latest New Star International additions to Royal Skandia platforms increases the number of New Star funds available to 12. All of these products can also be accessed via the Royal Skandia portfolio bond products, Executive Redemption Bond and Executive Investment Bond.
Cobus Kruger, Director, Mutual Funds at New Star, said:
“We are delighted that the range of New Star Funds available has increased to include our Global Financials Fund and the New Star European High Yield and Pan European Equity Funds. Life offices present a great opportunity to reach potential investors. We have worked closely with Royal Skandia and with our other distribution partners to ensure that investors have access to New Star’s top-performing funds and investment expertise.
Groups such as Royal Skandia have recognised that investors deserve the best possible investment performance from unit trusts and OEICs and also from pensions and life products. We look forward to continuing to work closely with Royal Skandia.”
Richard Vincent, Fund Range marketing Manager at Royal Skandia, said:
“We are pleased to offer our investors further access to New Star funds. We have worked closely with New Star for a number of years and respect its distinct stock picking investment style and its fund manager’ excellent track records. Royal Skandia looks forward to continuing and strengthening this relationship.”
Skandia was one of New Star’s earliest distribution partners, with links available since July 2001. New Star funds are also available through Skandia’s onshore life, pension and MultiFUND platforms, with a comprehensive range of funds offered as offshore links through the Royal Skandia brand.
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Past performance is not necessarily a guide to future performance
For further information please contact:
| Mark Skinner | New Star | 020 7225 9245 |
| Trina Arthur | New Star | 020 7225 9261 |
· New Star Funds available on the Royal Skandia Platform:
- New Star Fixed Interest Unit Trust
- New Star High Yield Fund
- New Star Property Unit Trust
- New Star Managed Distribution Fund
- New Star Higher Income Fund
- New Star UK Growth Fund
- New Star UK Alpha Fund
- New Star European Growth Fund
- New Star European High Yield Fund
- New Star Pan European Equity Fund
- New Star Asian Opportunities Fund
- New Star Global Financials Fund
· New Star, one of the UK’s fastest growing fund management companies, was founded in June 2000 by John Duffield, previously the founder of Jupiter Asset Management, which he built into one of the most successful retail investment businesses in the UK.
· New Star is expanding its international business in response to the growing demand from investors in Continental Europe. The aim is to become a leading mutual fund provider in the next few years, offering international investors the investment expertise of one of the fastest growing and most successful UK fund management groups.
· New Star’s international strategy is to develop key partnerships in local markets.
· New Star International’s website can be found at www.newstaram.com.
Past performance is not necessarily a guide to future performance. The opinions expressed here represent the views of the fund manager at the time of preparation and should not be interpreted as investment advice.
IMPORTANT INFORMATION
Past performance is not necessarily a guide to future performance. The value of investments and any income from them may fall as well as rise and investors may not get back the amount originally invested. The value of investments may also increase or decrease as a result of changes in exchange rates between currencies.
The New Star Global Investment Funds PLC (the Fund) should be viewed as an investment suitable only for investors who can fully evaluate and bear the risks involved. This document does not constitute an offer or solicitation to anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Distribution of this document and the offering of shares in certain jurisdictions may be restricted and accordingly persons into whose possession this document comes are required to inform themselves about and to observe such restrictions. If this is the case, these funds cannot be the subject of active marketing in your jurisdiction.
