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Barclays To Float FTSE Trend Funds

Barclays Capital will launch two new FTSE trend funds next month.

Barclays Capital will launch two new FTSE trend funds next month, Investment Week reports. The U.K. asset manager will launch the IFSL Barclays FTSE 100 Trend fund, which aims to offer investors with a positive return linked to its own FTSE 100 Trend Total Return index.

The London-based firm is also floating a defensive version of the fund that provides 80% capital protection to investors. The vehicles will be available through the Cofunds platform created by Barclays Capital Fund Solutions.

Click here for the story from Investment Week.

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