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Winterthur extends its Tailored Selection

30th October 2007 Print
Winterthur adds the Winterthur New Star International Property Fund and the Winterthur Schroder Global Equity Income Fund to its Tailored Selection range of funds, available to Winterthur bond and individual pension investors.

These two new funds complement Winterthur's Tailored Selection, bringing the total number of funds in the range to 107.

Winterthur New Star International Property Fund:

Adds an international diversification dimension to the benefits of commercial property
Invests across the main sub-sectors of office, retail and industrial property
Exposure to Continental Europe and Asia Pacific regions via the first UK retail bricks and mortar international commercial property fund
Liquidity provided via 20% holding in shares, REITs and cash
The fund has an annual management charge of 1.30% plus 25bps Total expense ratio.

Winterthur Schroder Global Equity Income Fund:

Capitalises on the fact that nine out of ten of stocks yielding 3% or more are to be found outside the UK
Challenges the traditional view that companies either pay high dividends or grow their business – but not both
Aims to provide lower volatility than the overall market
Offers true investment freedom – unhindered by benchmarks, the fund manager has the flexibility to invest in her favoured stocks
The fund has an annual management charge of 1.20% plus 25bps Total expense ratio.

Vince Rennie, Chief Investment Officer, Winterthur, said: "Given the current market volatility, advisers are increasingly becoming risk aware and looking for a wider selection of funds. The addition of these two new funds meets these needs in diversifying our Tailored Selection range to include international property and global equity income. The Winterthur New Star International Property Fund offers the prospect of good growth opportunities with reduced risk through the diversification across countries and regions. The Winterthur Schroder Global Equity Income Fund is clearly structured with a disciplined investment process. By its nature the Fund will have a value style tilt, which provides a complementary position within the global equities sector which contains more growth oriented funds.''

Roger Dossett, chief executive, property fund management, New Star Asset Management comments: "We are delighted to be working with Winterthur to offer the New Star International Property Fund. The addition of this fund to a highly-respected pensions and investment company is testament to the fund's unique structure and the strong demand for this asset class."

Sonja Schemmann, fund manager, Schroders added: "The Schroder Global Equity Income Fund meets the increasing demand for dividend and lower risk strategies through a disciplined investment process investing in high yield stocks. We look forward to further developing our relationship with Winterthur, and believe their pension expertise combined with our investment experience provides a great investment option."