Do you have money sitting on deposit in the bank earning little or no interest, or worse still in a current account doing nothing at all?
If you do then the new Easy Access Investment Bond from Zurich may be of interest to you.
Interest rates are at historic lows and are likely to remain that way for some time to come. Putting some of your money into investment bonds offers the potential to grow your savings way beyond what can currently be achieved with regular bank deposits.
So why then do many of us shy away from investment bonds? In our experience the major reason is that traditional bonds lock your money away for a minimum term, usually five years, and apply hefty encashment penalties if you need to get access to it early.
The Easy Access Investment Bond, as the name suggests, has moved the goalposts, and allows you to withdraw your money at any time without suffering any penalties.
To get a return you do have to expose your money to some level of risk. This bond has access to five different investment funds, each with their own risk profiles, from low to high, so you can match the fund you invest in to your own attitude to risk.
As always we recommend you take professional advice before investing. Should this product be of interest please do not hesitate to contact us on 074 9321420 or email us on info@mlmg.ie and we will explain in detail how it works.