F&C launches first capital protected RDR share class

F&C Investments has launched the first capital protected RDR-compliant share class in the UK for its Lifestyle range and other multi-manager funds run by Gary Potter and Rob Burdett.

The ‘D' clean share class is designed to protect an investor's original investment against a shortfall of up to £150,000 at death. For example, an investor who originally invested £1m, but whose investment value had fallen to £870,000 on their death, would receive a £130,000 shortfall payment to their estate. The protected share class will be offered on the four funds in the £400m F&C multi-manager Lifestyle range, its flagship £662m Thames River Distribution fund, as well as Thames River Cautious Managed and Thames River Global Boutiques. Investors up to the age of 79 are able to ...