MSV has launched the third tranche (Tranche 2017) of its highly successful Capital Guaranteed Bond.

The CGB is a 10-year unit-linked life policy that guarantees the return of capital invested (if held to maturity) and is available in both Maltese lira and euro. It is aimed at cautious investors whose primary concern is the protection of capital but who also wish to obtain some exposure to the performance of the equity markets.

Throughout its duration the CGB provides two types of coupons that are paid annually. In the first two years the coupon is guaranteed at the rate of 6.6 per cent per annum. In the remaining eight years, the coupon is variable (up to a maximum of 8.5 per cent per annum) and is linked to the performance of a basket of 25 shares. From year four onwards the variable coupon has a minimum guarantee of 50 per cent of the highest previous variable coupon.

In developing the CGB, MSV have teamed with Societe Generale (a leading French banking institution) that has long been considered one of the leaders in the provision of capital protected structured products. Societe Generale has a credit rating of AA from Standard & Poor’s.

CGB investors also have the option to appoint one or more beneficiaries who will be entitled to receive the death benefit or other benefits under the policy. This is a useful option for estate planning available under all life policies.

Limited Offer – The offer is limited and it may close early if it is fully subscribed.

The minimum subscription is only EUR5,000 or Lm2,000 (for the Maltese lira version) and is therefore accessible by many small investors to whom this investment is targeted.

For more information, interested investors can contact

MSV head office – John Buttigieg on 2569 4414 (or freephone 8007 2220) any authorized tied insurance intermediary or any branch of Bank of Valletta.

Further details can also be obtained from the MSV website www.msvlife.com.