Aviva Pays Back 'Bet'

Summary


Mrs P.A.L.writes: An adviser from Principality Building Society suggested I invest Pounds 25,000 in Aviva Defined Returns Fund 3. I later received a letter from Aviva informing me that if the FTSE 100 falls in the three years to 2013, I could lose more than 50 per cent of my money. This was not mentioned before, or I would not have invested.

THE Aviva fund is basically a bet on how the share index will perform over three years.

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Aviva Pays Back 'Bet'

A rise by the closing date in 2013 wou...

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