Aviva launches new feature on Guaranteed Fund

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Aviva launches new feature on Guaranteed Fund

Tue 24th Nov 2009

A secure feature is being made available by Aviva on its Guaranteed Fund, which allows consumers to switch their existing investments to the bond.

Customers who have invested in certain bonds, including the Portfolio Bond, Bond 2000 and Flexibond all have the chance to switch to the Guaranteed Fund and keep their growth locked at the fifth anniversary.

Previously, consumers who wanted to access the fund had to open a new account. However, they now have the option to switch.

It complements the With-Profits Guarantee Fund, which Aviva launched earlier in the month. Open for new investments, it provides the security for consumers of knowing that after five years of the fund they will receive back at least the amount of money they invested.

Commenting on the new element of the Guaranteed Fund, David Barral, marketing director at Aviva, said: "It's a feature that has been developed following extensive research among customers and advisers, and is designed to help people to invest for their future."

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