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    ng less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try fo

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    Managed funds

    Investments are in a mixture of the life company's funds. Because of this, performance is less volatile than other types of funds.

    You are in effect using the expertise of the life Company's managers to choose a mixture which achieves good returns at lower risk.

    Some funds set off charges against annual bonuses, others do not, so it is necessary to take this into account when comparing. Some providers also charge by investing less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try for

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    less volatile than other types of funds.

    You are in effect using the expertise of the life Company's managers to choose a mixture which achieves good returns at lower risk.

    Some funds set off charges against annual bonuses, others do not, so it is necessary to take this into account when comparing. Some providers also charge by investing less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try fo

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    to choose a mixture which achieves good returns at lower risk.

    Some funds set off charges against annual bonuses, others do not, so it is necessary to take this into account when comparing. Some providers also charge by investing less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try fo

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    es, others do not, so it is necessary to take this into account when comparing. Some providers also charge by investing less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try fo

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    ng less than 100% of the amount put in; this is called the allocation rate.

    Advisers get a commission - try for a rebate.

    Market value adjustment

    Most managed funds with an equity involvement carry a provision for a market value adjustment (MVA) in case the underlying assets of the fund are severely depressed at the time of an individual withdrawal due to a considerable fall in the stock market. This is in order to protect the interests of the remaining investors.

    The application of an MVA is a rare event but to avoid it happening to you, it is w

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