The Secure Income Plus Account Series 9 is a 5 year deposit based product that has two income generating components: a Fixed Coupon and a Bonus Coupon. The Bonus Coupon is dependent on the future investment performance of the EURO STOXX 50 Index. 100% Capital Security at Maturity is provided by KBC Bank Ireland plc.
Over the last decade, equity investors have seen extreme volatility and a couple of plunges into the abyss, and back. This has resulted in conventional investment beliefs rightly being challenged […]
PAYE taxpayers are not obliged to make an annual tax return if all their income is taxed under PAYE and they have no other taxable income. However, many PAYE taxpayers […]
The Account is designed to repay your initial deposit and deliver an additional return linked to the EuroStoxx 50 over the 5 year term. There is also potential for the Account to mature early, ‘Kick-Out’ depending on the performance of the EuroStoxx 50. This means the Plan matures early, returning your initial deposit plus a specified return.
There are two options available as follows:
The Short term option offers 95% Capital Protection by Ulster Bank Ireland Limited at the relevant Maturity Dates.
The Split Deposit Option offers 100% Capital Protection by Ulster Bank Ireland Limited at the relevant Maturity Dates.
This innovative bond offers investors a two tier investment package. 33% is placed in a 12 month high yield deposit account which assures investors of a 6% gross gain (6% AER). 67% is invested in a 4 year Capital Secure Growth Bond, with 2 versions to choose from.