The FuneralPlan Bond’s conservative investment option is designed for those wanting a combination of capital growth together with relatively stable returns, while the moderate investment option has a higher level of variability in returns along with higher potential returns. “The longer we remain in a low interest environment, the greater the impact to a capital guaranteed option in maintaining the level of growth required to meet longer term objectives. “Funeral costs continue to rise, so it is important to generate the level of growth in the policy value anticipated for covering the costs of a funeral when the service is needed. “While the capital guaranteed investment option is a low risk option in the short term, the risk is the value of the bond may not keep up with the impact of inflation over a longer time frame,” Mr Bird said. Greg Bird, National Manager – strategy, at Australian Unity, said the new moderate and conservative options were designed for those wanting to access investment options that were likely to outperform the traditional capital guaranteed portfolio. Unlike any existing product in the market, the FuneralPlan Bond provides two new investment alternatives for investors-moderate and conservative options-that are linked to the performance of financial markets, in addition to the existing capital guaranteed option. With growth-oriented investment options the Bond is designed to provide returns greater than inflation and an option for investors not requiring a capital guarantee. Australian Unity today launched an innovative new investment product FuneralPlan Bond.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |