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07 October 2013
Nationwide has added five new equity funds to its investment panel to expand customer choice.
Two of the new funds are invested in emerging markets, two in global equities, while the fifth is primarily made up of UK investments.
Investors with Nationwide now have a total of 25 funds to choose from, reflecting a wide range of options across geographic regions and asset classes.
The new funds are:
Guy Simmonds, Nationwide Head of Product, Protection and Investment, said: “We are continuing to offer our customers a wide choice of funds to invest in across both in the UK and across the world, and in both emerging and established markets.
“Nationwide is offering accessible advice on the high street and aims to support our customers to achieve their long term investment goals, whether they are investing for the first time or an experienced investor.”
Customers can make payments into a portfolio of funds and investments options are available through advisers in branches. Customers can make either lump sum investments, regular payments or a combination of both.
As with all of Nationwide’s investment products, there will be a 3 per cent initial advice fee followed by a 0.5 per cent ongoing service charge. The advice fee to access the regular payment option is based on 3 per cent of monthly premiums over 48 months.
Nationwide has a range of investment funds from some of the UK’s leading fund managers, carefully selected, regularly reviewed and designed to help meet individual investment needs. These are provided through Legal & General.
The investment options Nationwide currently offers are provided through Legal & General. Applications are required for all products. Further details of terms and conditions are available on request. Nationwide offers restricted advice.
Nationwide’s investment panel includes the following funds:
The value of your investment can go down as well as up so you may get back less than you originally invested.
Nationwide is the world's largest building society as well as the second largest savingsprovider and a top-three provider of mortgagesin the UK. It is also a major provider of current accounts, credit cards, ISAsand personal loans. Nationwide has around 15 million members.
Customers can manage their finances in branch, on the telephone, internet and post. The Society has around 15,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.