UNIT LINKED BONDS
Type: Single-premium hybrid investment offering unitised with-profits and unit-linked funds.
Minimum investment: £5,000.
Fund links: UK equity, managed, international, index-linked, Pacific, Japan, unitised with-profit, long gilt portfolio, property, fixed interest, European, American, secure growth, convertibles, guaranteed and income. There is also a choice of five investment portfolios designed to match client's risk profile – guaranteed security, balanced security, with-profit, managed and income.
Allocation rates: Investments of £5,000 to £49,999 – 100 per cent and £50,000 plus – 100.5 per cent.
Charges: Annual – unit-linked 1 per cent, guaranteed 1.25 per cent, unitised with-profits nil. Also additional annual charge payable for first five years – investments up to £10,000 – 1 per cent a year, £10,000 plus – 0.5 per cent a year. Surrender – 5 per cent in years one to three, 3 per cent in year four and 1 per cent in year five.
Switches: One free fund switch a year otherwise £15.
Options: Regular withdrawals up to 10 per cent a year penalty free, additional life cover with options to increase cover in the event of marriage or child birth.
Special offer: 1 per cent extra allocation.
Offer period: Until further notice.
Commission: 4 per cent plus uplift.
Tel: 01904 452476.