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Zurich Life Protected Balanced Fund
This fund is no longer open to new business.
Fund Description
Indicative Allocation to the Balanced Fund: 90% to 0% of the value of the Fund
Indicative Equity Exposure of the Balanced Fund: 50% - 75% of the value of the Fund
The Zurich Life Protected Balanced Fund (the "Fund") is an actively managed fund which invests in a combination of the Zurich Life Balanced Fund and an Zurich Life Cash Fund. The Fund has a Protected price equal to 80% of its highest ever unit price. The protection to the Fund from falling below this Protected Price is provided by Barclays Bank plc* and not by Zurich Life. The allocation to the Balanced Fund varies between a maximum of 90%** and a minimum of 0% depending on investment conditions and how close the Fund's price is to its Protected Price. The Fund will reduce its allocation to the Balanced Fund when the Balanced Fund unit price is falling, protecting the Fund from further falls. It will increase its allocation when the Balanced Fund unit price is rising, allowing the Fund to benefit from future rises.
The Fund is managed from the point of view of a eurozone investor by Zurich Life Investments / Barclays Bank plc †.
* Zurich Life reserves the right to replace Barclays Bank with another institution at any stage.
** 90% is the target maximum exposure to the Balanced Fund. It is possible for the Fund to have a higher exposure to the Balanced Fund at certain times.
† The underlying Balanced and Cash funds are managed from the point of view of a eurozone investor by Zurich Life Investments. Barclays Bank plc calculates the allocation to the Balanced Fund on a daily basis.
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