Is anyone aware of any funds, LICs etc which offer a guaranteed return equal to a particular accumulation index returns, with the upside of possible outperformance of the Index. Obviously outperformance would be shared between the fund manager and the investor. Pricing structure would be a flat MER % which matched the MER % for the equivalent Index Fund or ETF Index (ie in the 0.3% - 0.7% range). Outperformance could be shared 30:70 between investor and fund manager. This seems to me to be a very fair and potentially lucrative proposal for any manager who is confident of their ability to outperform the index over any 5-10 year period. If such funds existed covering the major Int'l indexes it would be a no brainer for anyone who would otherise be implementing a diversified portfolio of Index ETFs or funds - myself included.