Global Portfolio
Flexibility, adaptability and choice.
| Product features | Investor benefits |
|---|---|
| Asset choice | The Global Portfolio is available as 'Personalised Assets' or 'Collective Investments' versions. |
| Payment choice | Your client has the option to send a cash payment by telegraphic transfer, banker's draft or cheque. Payments may also be made by asset exchange - the transfer of your clients existing assets into Global Portfolio. |
| Charging options | Global Portfolio offers the choice of two charging structures (i.e. Establishment Charge and Annual Policy Charge), providing your clients with more flexibility in their investment decisions. |
| Investment options | Global Portfolio offers access to collective investment schemes and/or personalised assets.
Global Portfolio also permits discretionary fund management and access to investment advisers. |
| Currency choice | Investors can make payments in any freely convertible currency. Valuations can be given in US Dollars (USD), Sterling (GBP), Euros (EUR), Hong Kong (HKD), Singapore Dollars (SGD), Japanese Yen (JPY), Australian Dollars (AUD), Swiss Francs (CHF) or Swedish Krona (SEK). |
| Minimum investment | Invest a lump sum of SGD 70,000* (USD 50,000) or more if your clients choose the Establishment charging structure, and SGD 150,000* (USD 127,500) or more for the Annual Policy structure. *or currency equivalent |
| Access to your money | One off or regular withdrawals can be taken. The minimum withdrawal amount is SGD 445 (USD 375) or currency equivalent. The amount that can be withdrawn is subject to the minimum policy value requirement that needs to be met. |
| Whole of life | One or more lives assured, up to a maximum of ten. |
| Death benefit | On the death of the only life assured, if the policy is set up on a single life, or the death of the last life assured, if the policy is set up on multiple lives, a death benefit is payable of the lower of 101% of cash-in value of the policy on the date the benefit is payable or the cash-in value plus SGD 17,800 (USD 15,000) or currency equivalent. |
Important information
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Friends Provident International Limited (Singapore Branch) does not offer investment advice on the merits or suitability of its products. It is therefore important that you provide financial advice on the suitability of the products to your client’s individual circumstances. The above information is for general information only and should be read in conjunction with the Product Summary.
Global Portfolio is intended for medium to long-term investment and is not therefore designed for early surrender. If the policy is surrendered early, a surrender fee will be applied and the surrender value payable may be less than the total premiums paid.
Fund prices may go down and up depending upon investment performance. Past performance is not an indication of future performance. Please note that securities held within a fund may not be denominated in the currency of that fund and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
Each policy is governed by and shall be construed in accordance with the law of Singapore.
