New Ireland today (9th June 2009) announces the launch of Secure Advantage 3, a capital protected investment product. This investment offering is designed to ensure that cautious investors can take advantage of any future market recovery without putting their original capital at risk.
With recent market volatility, customers are continuing to adopt a more risk averse investment strategy. But this change in attitude should not mean that cautious investors cannot benefit from any future market recovery. With Secure Advantage 3 cautious investors are provided with a real investment solution that provides them with a way to participate in any future market recovery with the safety of knowing that, even if markets go down while they are invested, at a minimum they will receive back the money they originally invested at the end of the investment term.
Secure Advantage 3:
Secure Advantage 3 offers investors the potential for growth with 100% security of their original investment at the end of the term of the investment (five-year, eleven-months). SecureAdvantage 3 works by actively, and automatically, managing market volatility, increasing an investor’s exposure to equity based indices if markets are stable while reducing an investor’s exposure if markets are suffering short and sharp movements. At maturity, investors will receive back at a minimum, the amount originally invested.
Commenting on the launch, Andy Ivory-Corr, Head of Investment Sales, New Ireland Assurance said;
“After nearly two years of seemingly unstoppable market declines, over March and April, stock markets delivered a significant bounce back in values. There is talk that this could be signalling the beginning of “green shoots” of a recovery and people are beginning to wonder are there opportunities to invest out there. However, we have seen false starts to market recoveries before and investors are rightfully cautious about plunging into shares or equity based investments, particularly after the last two years. The nature of investment though is such that opportunities, when they exist, pass by those who wait for certainty. With SecureAdvantage 3, we believe we are offering cautious investors the possibility to take advantage of today’s and future potential market opportunities now but knowing that risks are minimised in that their original investment is 100% protected at the end of the investment term.”
Key Features of Secure Advantage 3:
- The Governor and Company of the Bank of Ireland provides New Ireland with the 100% Capital Security. This 100% Capital Security applies only on the maturity date.
- Diversified equity investment – an equity investment that tracks five leading global indices (Eurostoxx 50, S&P 500, FTSE 100, Nikkei 225, and MSCI Emerging Markets)
- Dynamic investment strategy:
- In times of high volatility – exposure to equities will fall
- In times of low volatility – exposure to equities will rise
- Term: 5 years 11 months.
- Minimum Investment: €5,000.
- An option exists to fully encash on 3rd anniversary. It will be 90% of the amount originally invested or the market value of the policy, whichever amount is greater, that will determine the amount paid back. The 100% capital security applies only at the maturity date.
- The fund will close to investment on 23rd July 2009.
- Protected Return – returns are based on the closing values of the above indices over the final 12 months of the investment term. This protects investors from any last minute falls in markets as investors approach the maturity date. However, reducing risk in this way may adversely impact performance should markets rise just before maturity.
Warning: If you cash in your investment before 30th June 2015 you may lose some of the money you put in.
Warning: The value of investments may go down as well as up.
Warning: This product may be affected by changes in currency exchange rates.
Terms and conditions apply. Where relevant, life assurance tax applies. While great care has been taken in its preparation, this document is of a general nature and should not be relied on in relation to a specific issue without taking appropriate financial, insurance, investment or other professional advice. The content of this document is for information purposes only and does not constitute an offer or recommendation to buy or sell any investment or to subscribe to any investment management or advisory service. If there is any conflict between this document and the Policy Conditions, the Policy Conditions will apply. Please note that mention of specific stocks/shares or investments is not a recommendation to trade in those stocks/shares or investments.
New Ireland Assurance Company plc is regulated by the Financial Regulator and is a member of the Bank of Ireland Group.
Secure Advantage 3 – an opportunity for your clients to take advantage of low share prices with the comfort of – 100% Capital Security & a safer investment journey. Available until July 23rd.