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5 year investment and capital is 100% secured on maturity - Harry Dwyer Moneycare
An excellent 5 year investment product from KBC has been recently launched. It offers the investor a yearly minimum return of 4.75% ( 4.73% AER). This is paid to the investor each year.
The product is 100% capital guaranteed on maturity and the term is 5 years. No withdrawals may be made on the investment until the end of the term. The minimum investment is €25,000. The product is subject to DIRT.
There is a further opportunity to earn an additional interest of 1% per annum and this is dependant on the final price of the Euro Stoxx50 index at the end of each year.
Your money is guaranteed by KBC Bank Ireland and is held by the bank for the term of the product.
The total return that is paid on the coupon is 23.75% .The maximum potential return that may be earned is 28.75%.
This product can also be placed in a self directed pension option organised in conjunction with Friends First.
Harry Dwyer Managing Director of Moneycare says that “this guaranteed rate of 4.75% is by far the best return on the market. The fact that you get this paid each year can assist to supplement a person’s income each year. The potential to earn a further 1% bonus on top of that is very attractive. What is most important is your capital is 100% secure on maturity. But hurry closing date on product 13th May 2011
KBC Bank who launched this product are in Ireland for the past 35 years. There parent bank has their headquarters in Belgium. It is one of Europe’s largest banks and is a A credit rating from Fitch and Standards and Poor
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