International Investment Bond
International Investment Bond
The International Investment Bond is made up of one or more identical single premium unit-linked whole of life assurance policies.
The bond is permitted to invest into non-UK incorporated and resident private companies and is entitled to purchase the entire amount of shares in issue.
The ongoing policy fees are paid via a loan from the privately-held company under a duly executed loan agreement. No interest is payable on these loans.
The bond permits the appointment of an Investment Adviser.
The bond also permits regular withdrawals and part-surrenders, subject to sufficient cash or liquid assets being available.
Basic Features
| Investments | Private Companies/Open Architecture |
| Withdrawals | Yes |
| Death Benefit | Surrender Value |
| Surrender | Surrender Value |
| Assignments | Yes - individual policies only |
| Additional Charges | - |
| Additional notes | Administration fees are taken from the Privately held companies upon request via a no-interest loan facility. All fees will be deducted the Cash Account upon transfer. |
| Minimum charge value | Minimum applied to a policy, but is equal to its existing fixed amount. |
| Policy Currency | GPB |
| Adviser assigned | Brokers / Self Advised only. No Advisors. |
| Charges | Will be deducted quarterly on policy anniversary based on the policy value. |