Offshore Portfolio Bond - True Potential
Offshore Portfolio Bond - True Potential
The Offshore Portfolio Bond is a series of single premium whole of life assurance policies.
Your premium will be invested in the available funds selected by you on the True Potential Platform or by your appointed Investment Manager, from time to time.
Investments can be made by Individuals, Trustees or Corporate applicants. The Bond may have joint Policyholders. Policyholders must be over the age of 18.
The minimum initial investment is £25,000, there is no maximum investment. Additional premiums can be paid into the Bond at any time subject to a minimum of £5,000.
The bond aims to:
- To provide you with the opportunity to achieve tax efficient capital growth over the medium to long-term through investment into a choice of fund options.
- To provide you with reasonable access to your investment at anytime.
Basic Features
| Investments | Collective Investments |
| Withdrawals | Yes - GBP100 minimum (Minimum policy value - GBP5,000) - regular withdrawals applied with a minimum value of £71.42 withdrawn monthly. |
| Death Benefit | Surrender Value + GBP100 |
| Surrender | Yes - Part (Min GBP1,000) & Full |
| Assignments | Yes - individual policies only |
| Additional Charges | Adviser charge |
| Additional Notes | No longer restricted to True Potential |
| Policy Currency | GBP |
| Adviser assigned | Combination of Self, Broker and Adviser (Ongoing Adviser Charge) |
| Charges | Charges will be deducted quarterly on policy anniversary based on the policy value. |
Fixed minimum admin fee applied