You are here: > > |
Investment Strategy
|
|
 |
NFU Mutual's Investment Strategy for With-Profits Business
The asset mix backing the Capital Access Bond at 01/04/2009 was as follows:
| |
|
Floating Rate Notes |
69.1% |
Cash Deposits |
30.9% |
|
100% |
The asset mix backing the with-profits liabilities (other than the Capital Access Bond) was as follows:
| |
|
Property |
15.0% |
UK equities |
42.5% |
Overseas equities |
12.5% |
Index linked bonds |
6.5% |
Fixed Interest gilts |
6.1% |
UK corporate bonds |
14.4% |
Overseas bonds |
3.0% |
Cash and other assets |
0.0% |
|
100% |
The mix of security ratings (the second highest if there is more than one rating) for our UK corporate bonds was as follows:
| |
|
AAA |
32.1% |
AA |
13.5% |
A |
39.7% |
BBB |
12.5% |
Sub |
2.2% |
|
100% |
The asset mixes above were correct at 01/04/2009. It is possible that changes have occurred since that date, resulting from market movements, the investment of new money and changes in our general investment strategy.
|
 |
|