The new fund links have been selected from a range of leading fund providers and cover a variety of sectors and investor needs. The newly added funds include the Aegon ethical cautious managed fund, the Fidelity retirement funds range and the SWIP diversified assets fund.

Rob Fisher, head of sales and marketing at FundsNetwork, commented: From a standing start when we launched the FundsNetwork onshore investment bond 18 months ago, we have seen its popularity soar as advisers take full advantage of the flexibility and diverse choice that a mutual funds-centric wrapper like this offers.

Over that period, we have steadily added to the investment choice available and the onshore investment bond will offer some 211 top quality fund links. Building up the number of funds in a steady and quality-controlled way was something we stated we would do at the outset when we launched the wrapper. We will continue to add new funds links in this fashion to ensure that advisers are confident in both the asset classes and manager selection on offer.