Many might have recently noticed a little goldfish jumping around from one bowl to the other in the media. This goldfish represents the simplicity and innovation of a new Unit-linked Life Insurance product issued by GlobalCapital Life Insurance Ltd. The GlobalCapital Distribution Bond offers a new approach to investments with investors having the possibility to choose between three pre-defined managed strategies covering three principal asset classes: bonds, equities and property. This feature takes off the hassle from having to choose individual funds to link to, while at the same time having the peace of mind that a team of professionals is managing your investment within a set of clear parameters that match your risk profile.
Apart from this option, the product gives clients the possibility to benefit from withdrawals on an annual basis at a rate of five per cent of the value of their policy account, subject to such policy account being worth not less than the premium received by the company including additional lump sum contribution and also subject to applicable surrender charges. In fact, the product has a minimum entry of just Lm3,000 (EUR6,988.12) with clients having the possibility to top up from time to time by buying extra units in the selected managed strategies.
With changes in the investment profile, one may opt to switch from one strategy to the other. The policy offers clients the chance to perform up to two free switches in a policy year while extra switches will be charged at a nominal rate. Monitoring investment performance will be just as simple with performance fact sheets and strategy prices being published on a regular basis. All information will be available online at www.globalcapital.com.mt so at the click of a button, one can monitor the movements in the strategy performance as well as the commentaries on the respective market conditions.
Needless to say, all interested people should first acquire full details about the product and how this matches their investment requirements. This can be done simply by contacting GlobalCapital on freephone: 8007-3131 and a free no-obligation appointment at the location of the client’s choice will be set with a representative who will be able to explain the product and its implications in further detail.
The amount in euro is quoted for information purposes only and is the result of a conversion using the Central Parity Rate of EUR1=Lm0.429300 established by the Central Bank of Malta. The GlobalCapital Distribution Bond is a unit-linked single premium life insurance policy issued and underwritten by GlobalCapital Life Insurance Ltd. Past performance is no guide to future performance and the value of the investment may rise as well as fall and may be affected by currency fluctuations. Investment should be based on full details contained in the product documentation, which is available upon request from GlobalCapital Life Insurance Ltd (GCLI). GCLI is authorised to transact long-term insurance business and is regulated by the Malta Financial Services Authority.