Royal London 360° has added nine new funds to its international regular premium product, Paragon, giving clients new investment options.
The additions follow a recent fund review by the offshore life company, and originate from respected fund houses such as Henderson, Threadneedle and Ashburton.
The range is further enhanced by the addition of two much-requested funds from JPMorgan: the ‘Highbridge Statistical Market Neutral Fund’ to the hedge fund range and ‘The Global Consumer Trends Fund’ to the Commodities fund range.
The changing world is the inspiration for the Global Consumer Trends Fund. As human behaviour alters, populations age and workforces migrate, new buying patterns emerge. This fund aims to tap into these long-term patterns as people change what they buy and how they live. The Fund Manager benefits from the freedom to explore all trends, regardless of size, sector or location.
The Highbridge Statistical Market Neutral Fund aims to provide positive, above-cash returns, unrelated to the direction of the market.
The fund uses derivatives for exposure to returns from the markets, whilst physically investing in cash and cash equivalents.
This approach allows market risk to be minimised, so that returns are gained simply from stock selection.
Natalie Dutton, Head of Marketing at Royal London 360°, commented, "The new additions to the Paragon fund range all provide something different to our existing fund offering. For example, we have added in Global Total Return, and enhanced our commodity and Asia-Pacific Ex Japan sectors.
"The two JPMorgan funds allow for diversification away from the more traditional investments. The Global Consumer Trends Fund provides the opportunity for investors to benefit from emerging consumption patterns as and when they appear, and the Highbridge offering combines the best of both worlds, as it provides the transparency and liquidity of traditional funds, combined with the innovation of a hedge fund strategy.
"I am confident that the addition of these funds to our Paragon regular premium product strengthen its investment proposition by offering new options to cater for a om ider range of customer needs."
