Skandia Int extends investment choice

Skandia International has extended the investment choices available for its Spanish Collective Investment Bond (CIB) by launching 36 new funds and providing access to five investment groups previously not available.

The range of assets available via the Spanish Collective Investment Bond, all of which are fully compliant with the Spanish investment regulations, now  bring the total number of funds in the range to 525.  These new additions mean investors can access products from five additional investment companies - J O Hambro, Julius Baer, Distinction, Brown Advisory and the Danish investment firm, Jyske Invest.  Further diversification for investors includes additional opportunities stretching across Europe, emerging markets and the other major asset classes, including Swedish and Danish bonds, as well as Danish equities.
 
The Spanish CIB is a bespoke portfolio bond which was launched in July 2010 and is designed to be tax efficient for investors resident in Spain. It has the flexibility for creating tailor-made portfolios from a wide range of tax compliant funds.  An additional feature is that the bond remains tax compliant even if the client chooses to return to the UK which gives it particular appeal to expats.
 
The Spanish CIB won the Best International Life Product award in the 2011 Professional Adviser International Funds & Products Award, and is offered through the Dublin-based Skandia Life Ireland office.

http://www.skandiainternational.com