C M CM MY Y TO THE WITH PROFITS FUND · 2020-06-24 · MAPFRE MSV Life p.l.c. is authorised by the...

A SIMPLE GUIDE TO THE WITH

PROFITS FUND

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Simple Guide to With Profits - 1805.pdf 1 17/05/2018 16:34

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whilst smoothing your investment returns over the medium to long term.

Capital guaranteesThe amount you invest, after product charges, is guaranteed to be repaid on maturity or on death ifit occurs earlier, giving you peace of mind that your investments are safe.S e growth

.These bonuses are also guaranteed once added on to your account, as explained above.

3.

4. Optional annual incomeYou may have the option, based on the type of savings you make, to withdraw your bonus once a

5.

increase your returns. This will depend on the actual performance of the fund.6.

ensure that the policy pays out quickly and directly to the persons you want the money to go to

*based on current tax legislation

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• Your money is combined with that of others which allows a widerchoice of investments, including those which are only availableto institutional investors

• Your money is then invested in a wide range of assets bothlocally and overseas, giving you access to markets which mightotherwise be difficult to reach

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The fund is designed to provide steady returns through a smoothingprocessOur investments include, but are not limited to Bonds(Government and Corporate), Equities, Property and Cash As at 31stDecember 2017 we held approximately 51% of the fund in what can beconsidered to be generally low to medium risk investments (cash andbonds)

• We use best-in-class asset managers and have a robustinvestment and risk management process

• Our investment strategy is reviewed on a regular basis and assetallocations may vary from time to time

What is Smoothing?

The process through which we avoid having to make large changes to the bonus rate by holding back some of the investment return in good years to support the bonus rate in times of weaker investment performance.

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The investment team uses the combined investments of policyholders to invest in a wide range of assets

Your investment is combined with that of other policyholders

GOVERNMENT BONDS

EQUITY

CORPORATE BONDS

CASH AND EQV.

PROPERTY

OTHERS

32%31%11%

8%7%11%

From the returnsmade within the fund bonuses are declared and distributed to policy holders.

THE WITH PROFITS FUNDYOUR INVESTMENT

%Figures are quoted as at 31st December 2017

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• You are looking for returns which are potentially greater than those received from an average bank savings account or termdeposit and don’t mind taking a little extra risk with your investment.

• You want to take less risk than investing all your money in single assets .••

You would like to have professionals constantly looking after your savings.You won’t need access to the money in the next 5 or 6 years, depending on the type of(single lump sum or regular savings, respectively), other than withdrawals of regular bonuses in the case of lump suminvestments.

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Is a With Profits Investment suitable for you ?

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• You understand that charges may apply if you need access to your money before the selected maturity date.

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2017(%)

Last 3 Years (%)

Last 5 Years (%)

Last 10 Years (%)

MAPFRE MSV Life 3.10% 3.20% 3.26% 3.26%

A history of the bonuses is shown below, however please be aware that past bonus declarations are not necessarily a guide to future bonus declarations.

20064.5%

20074.5%

20083.8%

20093.45%

20103.45%

20112.45%

20123.1%

20133.35%

20143.35%

20153.25%

20163.25%

20173.10%

Our Performance Record

policyholders receive a fair and competitive return.

For 2017, MAPFRE MSV Life declared a Regular Bonus of 3.10% on those Plans which are currently available for new subscription.

its current products:

• of • .• .•

.•

•advice.

obtaining specific professional advice.

Additional Information

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• MAPFRE MSV Life is Malta’s leading life insurance company• MAPFRE MSV Life is jointly owned by Bank of Valletta p.l.c. (50%) and MAPFRE Middlesea p.l.c. (50%)• We manage our business in a very responsible manner - we enjoy a good reputation and believe in honesty,

transparency, frankness and openness• We listen to our customers, always• Having the largest distribution network in Malta, we are accessible and easy to do business with• We are consistent – no surprises• We manage customer savings worth €1,792 m• We have strong financial credentials professional €2.1 bn and shareholder funds worth €161m• We have a team of people who are professional, skilful, technically able and experienced and above all customer

focused

WHY MAPFRE MSV LIFE?C

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Contact Us

Fund in a number of ways. For further information contact MAPFRE MSV Life on freephone 8007 2220, contact your Insurance Broker, one of our Tied Insurance Intermediaries or call at any branch of Bank of Valletta or APS Bank.

Please refer to the Key Features Document of the products through

for more details of the cost and

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Registered Address: MAPFRE MSV Life p.l.c., The Mall, Triq il-Mall, Floriana, FRN 1470, MaltaPostal Address: P.O. Box 54, Marsa, MRS 1000, Malta Registration Number: C-15722Telephone: +356 2590 9000 Telefax: +356 2122 6429 Email: [email protected] Website: www.msvlife.com

MAPFRE MSV Life p.l.c. is authorised by the Malta Financial Services Authoirty to carry on long term business under the Insurance Business Act, 1998 Doc 8010 81 01 Com MSV040618

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C M CM MY Y TO THE WITH PROFITS FUND · 2020-06-24 · MAPFRE MSV Life p.l.c. is authorised by the...

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Transcript of C M CM MY Y TO THE WITH PROFITS FUND · 2020-06-24 · MAPFRE MSV Life p.l.c. is authorised by the...