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Sterling investment relates to a sterling investment bond which aims to increase the value of the money you invest through a choice of funds that match your objectives. It also provides you some life cover. You should consider this investment as medium to long term investment.
Some of the important features of Sterling investments are as follows:
Some of the important features of Sterling investments are as follows:
- Minimum investment is £5,000, additional £1,000, (minimum investment for the Distribution fund is £10,000).
- If you unfortunately die within the first ten years of making the first payment, the death benefit is 110% of the bond's value.
- You can take a one off payment or for regular withdrawals up to 7.5% of current plan's value as a fixed amount or a percentage of the fund.
- The Sterling Investment Bond has no fixed term.
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