Look no further than Zurich Life’s SuperCapp Fund.
Investment Strategy: The fund aims to deliver better returns than bank deposits with lower risk than typical managed funds. The stable annual dividends are in line with medium-term interest rates. Encashments after five years may be boosted by special dividends.
Fund Description: The funds is made up of predominantly and typically 70% Bonds, 20% Equities and the remaining 10% invested at the fund manager’s discretion. The allocation of the different asset classes can change over the year as bond and equity markets move (i.e. if bond prices grow faster than equity prices, then the percentage of the fund invested in bonds will rise over a given year) Bonds held by the fund provide the foundation for the stable annual dividends that the fund aims to deliver. The bond return is protected. The equity portfolio delivers the special dividend and holds blue-chip stocks.
Track Record: The fund was launched in 1978 and has consistently delivered stable returns throughout the last 30 years. The fund has ‘never had’ to apply a MLA (Market Level Adjustment). Recently, special dividends have continued to be paid on top of the annual dividend. The fund has delivered in all investment/market conditions. From 2007 to 2010, the fund has paid out an annual dividend of 4%. The interim dividend for 2011 is 3.5%.
Current Status: The current value of the SuperCapp Fund is over €1 billion (1/6/2011). The fund has significant excess investment reserves. Zurich Life is part of the Zurich group which is one of the strongest and largest insurers in the world with AA- financial strength rating from S&P and has a market capitalisation of more than €27 billion (2/6/2011)
If you would like further information on Zurich Life’s SuperCapp Fund, please contact me at your convenience or visit www.zurichlife.ie
