Unit-linked
A unit-linked fund is a pool of assets, provided by an insurance company, in which many customers invest. You may have bought a unit-linked life insurance policy or a unit-linked pension policy from us.
Investing in a unit-linked fund allows you to invest in a much wider range of assets than you could buy yourself and, along with the other investors in your fund, you share in any returns achieved on all the assets within the fund. These assets can include equities, government and corporate bonds, property, money and derivatives. Each unit-linked fund will usually have a specific investment objective and its assets will usually be managed by specialist fund managers.