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Key
Facts
Availability
& Product Downloads
Wider Investment Choice
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Combines the
flexibility of a truly personal investment portfolio with the tax
efficiency and security of a Royal Skandia policy
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Substantial initial
discounts from leading fund managers
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There is a choice of
charging structures to suit individual requirements
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Money can be
withdrawn as required and cash made available at any time
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Tax efficient income
can be taken on a regular basis
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Life cover is
available providing extra financial for dependants (subject to
underwriting conditions).
COMBINING
INVESTMENT FREEDOM WITH TAX-EFFICIENCY
Paperwork can be a tedious and time-consuming task when managing
a portfolio of investment funds. With the Collective Investment
Bond, Royal Skandia takes care of all this by wrapping all of your
clients funds together within the Bond and managing the paperwork on
their behalf. They can take advantage of Royal Skandia's buying
power and excellent relationship with its fund managers by receiving
substantial initial discounts. As the Collective Investment Bond is
an investment portfolio held as a life assurance policy, they can
also maximise tax-efficiency. It is the ideal investment bond for
the experienced investor.
The Collective Investment
Bond not only gives you access to all Royal Skandia’s internal
funds, but also to funds managed by an extensive list of top
investment groups.
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Minimum
initial investment
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£25,000 . Contributions accepted in most
major currencies.
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Minimum
additional investment
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- £2,500. Contributions accepted in most
major currencies.
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Available on
a single life, joint life last death or multiple lives last
death basis.
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Up to 100% of
contributions are invested, depending on the charging
structure selected.
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Unlimited
switching between funds, even those of differing currency
denomination.
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A flexible
choice of competitive charging structures to suit your own
needs.
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Easy access
to your Bond by linking it with an offshore Lloyds Bank
Account.
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Full or
partial encashment available (an early withdrawal charge may
apply depending on the charging structure selected).
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The Annual
Management Charge of 1% within each Royal Skandia internal
fund is re-credited to the Bond for the benefit of the
investor.
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Detailed
regular valuation reports keep you well informed.
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Automatic
life assurance cover provides 101% of the encashment value,
free of charge.
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Additional
life cover is available, providing increased protection for
dependants. Cover of up to 120% of the encashment value can be
arranged (subject to medical evidence). An increased level of
cover may also help the Bond meet any requirements there may
be for favourable tax status in your home country.
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UK
tax-efficient income may be withdrawn monthly, quarterly,
half-yearly or yearly as required.
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Option to
appoint a personal investment adviser with delegated
switching.
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An unbeatable
investment administration service efficiently handling deals
and all corresponding paperwork.
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An unbeatable
investment administration service efficiently handling deals
and all corresponding paperwork.
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Comprehensive
range of trust facilities, enabling you to structure
investment ownership in the most financially beneficial
manner.
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Multiple
policy facility.
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Available to
international investors, aged 18 or over, other than residents
in the Isle of Man.
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Peace of
mind:
As part of the internationally renowned Skandia Insurance CompanyLimited, Royal Skandia benefits from the financial
strength and security of one of Europe’s oldest and largest
insurance operations with assets in excess of £44 billion.
You can therefore rest assured that your investment is in safe
hands.
- Confidentiality - Royal Skandia seeks to provide
confidentiality to its investors by restricting the
availability of information to third parties.
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Comprehensive
policyholder protection:
- The Isle of Man Life Assurance (Compensation of
Policyholders) Regulations 1991 protects investors whose
policies are effected on or after 1 February 1991.
Compensation of up to 90% of the value of their policies would
be received in the unlikely event that their insurer became
unable to meet its liabilities.
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Investors should be aware that the value of unit-linked
contracts is not guaranteed as the prices of units may fall as well
as rise. The value of funds which hold assets designated in a
different currency to the fund may rise and fall purely as a result
of exchange rate fluctuations.
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