Onshore Collective Investment Bond

Selestia Investment Solutions is the brand name of a new investment platform that combines the strength, innovation and award-winning service standards of two of the UK’s market leading investment providers; Selestia and Skandia MultiFUNDS. The onshore bond provides you with access to a tax-efficient method of investing, together with complete flexibility over fund choice and product features. The Selestia Investment Solutions investment platform offers access to over 900 funds, from 67 fund managers, all under one roof.

Useful literature and information

Onshore Collective Investment Bond:

The Onshore Collective Investment Bond is provided by Selestia Life and Pensions Limited.

Benefits

• The Onshore Collective Investment Bond offers you the chance to invest in a choice of over 900 funds all under one roof.
• You can invest in up to 50 funds per application, allowing you to spread your investments as you wish, to create a fully diversified portfolio. You can switch between funds, free of any administration charge, allowing you to react quickly to changes in the market.
• You can withdraw up to 10% of your original investment each year (up to a maximum of 100% after 20 years), and you can choose the months you would like it.
• Automatic life cover of up to 101% of the bid value of the bond, available on a single life or joint life last death basis, with the option of applying for a capital protected death benefit.
• You can also view your investments online through our secure client extranet site.

Risks

• A bond is intended as a long-term investment. If you withdraw from it, you may not get back the full amount you invested, particularly in the early years.
• Tax rules can change at any time, which may affect your investment.
• The value of shares and units can go down as well as up, and investment growth cannot be guaranteed.

Who is eligible?

• UK residents only, the bond holder must be aged between 18 - 80.

Minimum and maximum subscriptions

• Minimum lump sum: £10,000 (no maximum).

Term

• There is no term limit. Your bond can stay invested for as long as you like.
  

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Information on this website is not intended for Hong Kong residents. Information on this website about Skandia Group Companies is intended for UK residents only, unless it relates to Royal Skandia, Skandia Life Norge or Suomen Sivuliike. Skandia Group companies do not offer investment advice and no information on this website should be construed as such.

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