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Chelsea Building Society – Portfolio Extra Fixed Rate Bond

Friday, 8 June 2001.

Type: Unit linked bond and high interest account.


Aim: Income and growth by investing in up to six Norwich Union investment funds.

Minimum investment: £7,000.

Fund links: With-profit, guaranteed, defensive managed, cautious managed, balanced managed, property, deposit, gilt, global bond, corporate bond, higher income bond, UK index tracking, with-profit income fund, UK equity, UK equity income, UK equity ethical, UK equity growth, International index tracking, global equity, European equity, US equity, South East Asia equity, Japanese equity.

Allocation rates: Investments £5,000-£9,999 – 101 per cent, £10,000-£24,999 – 101.5 per cent, £25,000-£49,999 – 102 per cent, £50,000-£99,999 – 102.25 per cent, £100,000 and above – 102.5 per cent.

Charges: None.

Switches: One free switch a year, £15 thereafter.


Minimum-maximum investment: £3,000-£500,000.

Interest rate: Annual 7.5 per cent, monthly 7.25 per cent.

Term: Until January 1, 2003.

Offer period: Until further notice.

Withdrawal penalties: 150 days&#39 loss of interest until January 2, 2003.

Commission: Subject to negotiation.

Tel: 08702 404808.



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