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Endowment - Large Difference between "Gross Fund Value" and "Cash Value"
siriusfire
Posts: 2 Newbie
Hello
I have an old Friends Provident/Friends Life endowment due for maturity next year. On checking the values I've noticed a huge difference between the current "Cash Value" and the "Gross Fund Value" - with the cash value being about £20,000 more than the Fund value.
Is this normal for an investment about to reach maturity or have they done some bad maths?
Thanks in advance SF
I have an old Friends Provident/Friends Life endowment due for maturity next year. On checking the values I've noticed a huge difference between the current "Cash Value" and the "Gross Fund Value" - with the cash value being about £20,000 more than the Fund value.
Is this normal for an investment about to reach maturity or have they done some bad maths?
Thanks in advance SF
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