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The funds have been introduced to satisfy investors need for capital security, particularly in the current market.

The company is the first offshore provider to have a formal link in place with a suite of capital protected funds available from Fortis, each providing the investor with a different maturity date.

The first of the funds to mature will be the CLI Fortis Protected Lifecycle 2015 fund (maturing in 2015). The remaining four funds will mature in 2020, 2025, 2030 & 2035.

Mario Ricciardi, executive director at CLI, said the introduction of the five Fortis Capital Protected funds is in response to demand from the IFA community for funds that guarantee the investor a full capital return if held to maturity.

"At a time when world markets are facing a level of uncertainty, funds of this type provide our clients with peace of mind whilst still giving some equity exposure".

David Morrow, director UK Insurance at Fortis Investments, added: "The funds have been a success in North America, continental Europe and Hong Kong, because investors everywhere have found they provide convenience and peace of mind, which is especially hard to come by at the moment given the volatility in the markets"