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Canada Life – Flexible Investment Bond

Canada Life

Flexible Investment Bond

Type: Unit-linked bond

Aim: Growth or income by investing in up to 10 funds

Minimum investment: Lump sum £5,000

Fund links: Over 60 funds from Canada Life, F&C Asset Management, Fidelity Investments, Framlington, Gartmore, Insinger de Beaufort, Invesco Perpetual, Investec, JPMorgan, Merrill Lynch, Midas Capital, New Star, SVM and Threadneedle

Allocation rates: Establishment charge option 100-112%, no establishment charge option – 99.5%

Switching: Unlimited free switching

Options: Level option, deferred option

Withdrawals: Yearly, half-yearly, quarterly, monthly, termly

Charges: Establishment charge up to 12.5% over first five years, annual 0.35% a year for level option, deferred option 1% a year from year six for deferred option plus investment management charges for fund links chosen

Commission: Initial up to 7%, renewal up to 1%

Tel: 08457 226232


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