Synergy Investment Bond

The Synergy Investment Bond from Standard Life could be the perfect solution for you if you have a lump sum to invest. It is a single premium investment product that gives you access to an exciting range of investment funds.
Its main objective is to provide long term capital growth while offering regular income options along with other flexible product features.

Making your investment

You can make an initial investment of €10,000 or more.
You can top up your investment with €5,000 or more whenever you want and invest it differently each time.
100% of your money is invested if you are aged between 18 and 70 (99% is invested if you are aged between 71 and 75).
Receive an extra 1% allocation if you invest €100,000 or more for 10 years.

Flexibility

You can choose from a wide range of asset class funds, such as equity, property, fixed interest or cash funds or you can opt for a broad selection of mixed portfolio funds to match your risk profile.
You can switch from one fund to another whenever you want.

Access to your money

You can access your money at any time through regular income or occasional withdrawals (€900 or more).
Your regular income can be provided quarterly, half-yearly, or on a yearly basis in several different ways:

as a fixed amount after tax (maximum of 5% of your investment per annum).
as a percentage of your bond value before tax (maximum of 5% per annum).

If you choose to take a regular income no early encashment charge will apply.
If you withdraw all or part of your money within the first six years of your investment, it will be subject to an early encashment charge because the Synergy Investment Bond is designed for medium to long term investments.

Investment options

We offer you an extensive selection of funds from our investment managers whose aim is to secure the best possible return within the risk profile of their funds.

Synergy funds: You can achieve the diversification you need within your portfolio thanks to a selection of different investment styles including Actively Managed, Multi-manager, and Index Tracking. See the Investment Options guide for the full list of Synergy funds.
Fixed term bank deposit: You can choose to have your money earn interest in a fixed term bank deposit account.

Tax

Your investment can grow free of tax within your policy. Any growth in your policy values is subject to exit tax (currently 28%). This exit tax is applied on every 8th anniversary, and any withdrawal, surrender or death claim, or on the 8th anniversary. Please see Key Features document for further information.

What happens next?

Before you take out a Synergy Investment Bond with us, you'll need to speak to your financial adviser to get a brochure, an Illustration (of benefits and charges), Key Features document and an Investment Options guide.

Important things to consider….

You should not base your decision to take out this bond solely on the information we have provided here.
Different forms of investment have different levels of risk, so we recommend that you get advice from your financial adviser before choosing what's most appropriate.
Warning: The value of your investment may go down as well as up.
The information we have given is based on our understanding of Irish law and Revenue practice as at May 2010. Tax and legislation may change in the future.

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