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CGU offers hybrid bond

UNIT LINKED BONDS


CGU


PORTFOLIO BOND


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&#39s 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.

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