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Aviva launches safeguard funds

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Aviva Australia has launched a range of new products aimed at helping investors avoid the risk of a market crash when investing their life savings.

Aviva Australia has launched a range of new products aimed at helping investors avoid the risk of a market crash when investing their life savings.

Aviva's new Pre Select 100 per cent Plus Capital Protected funds are said to guard an investment against loss.

The Pre Select 100 per cent Plus Capital Protected funds were the only funds in the Australian market designed specifically to provide capital and future income stream protection for retirees and pre-retirees, Aviva Australia wealth management products general manager Andrew Barker said.

Aviva's Pre Select Capital Protected funds are open until May 31, 2008, and are only available via financial advisers using the Navigator platform.