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Pru 'Fixed' 7% Fund?
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Has anyone come across these? An IFA mentioned it to me, and as I understand (which may well be wrong) it's a low-risk fund offering 7% growth.
Looking at the charts he showed me it's been performing at 7-10% over the past 5-6 years. The 7% is 'almost' guaranteed in some way.
Do I have this correct? It sounds too good to be true, so I'm always suspicions.
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- 8 years ago
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