Aviva France, a major player in life insurance and long-term savings, assets management and damages insurance, is launching a new range of funds with diversified horizons, entitled Aviva Perspective.
Aviva France, a major player in life insurance and long-term savings, assets management and damages insurance, is launching a new range of funds with diversified horizons, entitled Aviva Perspective. These funds allow savers who have a project of a definite duration, to benefit from financial management adapted to their specific investment horizon.
Christian Martin, products director for life and provident funds, as actuary of Aviva France, states: “These days, in order to invest with a long-term objective such as retirement, within a context of severe fluctuation of the financial markets and a fall in the performance of Euro funds, it is essential to be able to have products available that offer a potential long-term performance within the framework of rigorous risk-performance management. The launch of this new fund is set within a procedure of diversification of our range of funds, destined to respond more efficiently to the needs of our clients and the evolutions of the financial markets”.
Management adapted to the investment horizon
The Aviva Perspective range consists of seven "horizon" funds with a due date known in advance, from 2024 to 2036. This is an investment intended to finance long-term projects such as preparation for retirement, the financing of children’s education or the purchase of a property. The composition of the funds will evolve according to the remaining duration until the expiry date of the fund.
- At the beginning of the period, priority will be given to making the investment dynamic, particularly thanks to international shares or private bonds,
- As the expiry date of the fund approaches, the portfolio will be gradually securitised thanks to the use of State bonds and monetary securities.
A controlled risk-performance duo
The great flexibility of management of Aviva Perspective makes it possible, in accordance with the upward or downward evolution of the markets, to make the division of risky assets vary from 0% to 100%. Thanks to its great flexibility of management, Aviva Perspective allies risk control with the search for performance.
Available on life insurance contracts and Aviva capitalisation contracts, the assets that compose the Aviva Perspective funds are managed by Aviva Investors Global Services Limited.
Major characteristics of the funds
Legal status: Compartment of the Unit Trust of Luxembourg law, Aviva Investors Investment Solutions.
Recommended duration of investment: Expiry date of the fund
Risk level: High *
Codes ISIN LU067062925
LU0647063220
LU0647063659
LU0647063907
LU0647064202
LU0647065541
LU0647064970
Management company: Aviva Investors Global Services Limited
Date of creation: 2 September 2011
Currency: Euro
Valorisation: Daily
Overheads: maximum 2.85%
Commission of over-performance: Nil
Index of reference: No representative index of reference available
* Due to the fact of their exposure to underlying shares and bonds, the funds are subject to the shares, rate and credit risks. They do not benefit from any guarantee in capital.
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Press contacts:
Dominique Eluau - 01 76 62 67 19 - email : dominique_eluau@aviva.fr
Estelle Joubert - 01 76 62 57 86 - email : estelle_joubert@aviva.fr
Notes to editors
About Aviva
Aviva is the sixth largest insurer in the world* with more than 53 million clients spread over Europe, North America and the Asia-Pacific zone. The major sectors of the Aviva group are life insurance and long-term savings, assets management and damage insurance, with a total turnover of 55.4 thousand million Euros and 468 thousand million Euros of assets under management on 31 December 2010. Aviva is the most important insurer in the United Kingdom and one of the major life and retirement savings insurers in Europe.
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Aviva France
With more than 185 years of experience in France, Aviva is positioned among the top 10 insurance market players. Aviva France offers a complete range of products to 3 million clients, individuals, and small and medium businesses. The company is distinguished by a solid and profitable model of multi-distribution (875 general agents, 1800 agency collaborators, 1,000 brokers, 400 life consultants, and 900 consultants in UFF management).
Aviva France also has partners such as the AFER, the largest savers’ association in France, the Crédit du Nord Group, and vehicle manufacturers. Aviva directly employs more than 4700 collaborators. On 31 December 2010, it recorded a consolidated turnover of 7 thousand million Euros and a net profit in IFRS accounting base of 304 million Euros. The company had 80 thousand million Euros of assets under management on 31 December 2010.
For further information on Aviva France, consult http://www.aviva.fr/assurances/assureur-aviva/aviva-presse
* on the basis of gross world premiums issued on 31 December 2010.