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Wednesday, Mar 16, 2005

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Aviva unveils two unit-linked fund options

Our Bureau

New Delhi , March 15

AVIVA has introduced two new unit-linked fund options — Secure and Growth — in its existing LifeLong, PensionPlus, LifeSaver, YoungAchiever and EasyLife Plus fund options.

This is in addition to Unit-linked Balanced Fund available in these products.

The Secure Fund and Growth Fund options, which were introduced in LifeBond5 product last year in February, yielded the company good returns. Thus, the company decided to introduce them in the other products too.

Investors can choose between the Secure, Growth or Balanced fund as per their risk appetite or can even invest in a combination of the three funds.

Speaking on the new options, Mr Stuart Purdy, Managing Director, Aviva Life Insurance said, "We will continue to strive to deliver attractive returns for our customers and try to ensure that our fund performances lead the market by prudently investing for the long term." Aviva's Flagship Fund, the Unit linked Balanced Fund has posted a return of 20.78 per cent for 2004, he added.

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