Unit Linked Bonds

• A Unit Linked bonds is a single premium Whole of Life assurance policy, where a once-off premium is invested in secure units in one or more Unit funds.

• Unit-linked bonds provide capital growth only.  Income requirements could be met through regular withdrawals.

• Unit-linked bonds have different funds that you can invest in.  Each fund has individual risks.

• Some funds offer a form of investment guarantee that can reduce risk.

• Funds can be matched to your risk tolerance.

• Transfers between funds are allowed.

• Typically there is no investment term, however there are initial fees to overcome and there could be exit fees.  Management fees apply.

• Funds are priced daily; there is a risk of capital loss upon an exit.

• Funds do accumulate tax-free, however there is an exit tax on capital growth.  There is no USC or PRSI.

• Minimum investment typically starts at €20,000.

• Unit-linked bonds are not for short-term savers.  Unit-linked bonds are for investors who can accept a level of risk and tie-up their capital for minimum of 3 to 5 years.