Reserve
Operation
Hong Kong / Isle of Man
Profile
Reserve is an investment linked assurance scheme.
The keys to Reserve are flexibility,
adaptability and choice. The product itself, its investment
links, and even the way the charges are taken, have
all been designed to give maximum freedom of choice
to the investor.
Literature (PDF)
Colour: Brochure | Technical
Guide | Application
Form
Printer-Friendly: Brochure | Technical
Guide |
Application
Form
Features And Benefits
| Product Features |
Investor Benefits |
| Product
choice |
Whole of Life |
| Asset choice |
Reserve is available
as
· Personalised Assets version
· Collective Investments version |
| Share/Asset
choice |
Shares can be
accepted as part of the original or subsequent
premiums. We will sell the shares and invest the
proceeds in your portfolio. Shares or collective
assets can be re-registered in the name of Friends
Provident International Limited, retaining the
value within your portfolio. |
| Charging choice |
Reserve has no
pre-set charging structure. Instead, each investor
is given a Personalised Charging Structure. This
reflects the unique set of charges which the investor
has selected from the options made available in
the charges menu. |
| Management
choice |
Reserve is available
on a discretionary-managed or non-discretionary
managed basis. |
| Currency choice |
Investors can
pay investments in any freely convertible currency.
Valuations can be given in Sterling, US Dollars,
Euro, Hong Kong Dollars or Swedish Krona. |
| Minimum investment |
Whole of Life
- GBP50,000 (or currency equivalent). |
| Withdrawals |
Regular withdrawals
may be taken. The minimum withdrawal amount is
GBP1,000 (or currency equivalent) and withdrawals
incur no penalties. No withdrawals can be taken
if the value of Reserve would fall to less than
¢G10,000 (or currency equivalent) ¡V or below 10%
of the initial premiums, during the initial charging
period. |
| Whole of life |
One or more lives
assured, up to a maximum of six. |
Summary Of Charges
For details and charges of the Scheme, please refer to the relevant principal brochure.
If you would like to receive hard copies of any of
the Reserve literature, please complete an Information
Request Form.
Important Information
Friends Provident International
Limited reserves the right to change its charges at
any time at its discretion upon three months' written
notice to the policyholder.
This document should be read in conjunction with the
current Reserve Brochure and Guides, which, together
with the policy document and provisions, set out the
terms and conditions of the contract. A written statement
of the terms and conditions may be obtained from Friends
Provident International Limited on request.
Friends Provident International Limited does not offer
investment advice on the merits or suitability of its
products. It is therefore important that you seek independent
financial advice on the suitability of the products
to your own circumstances. In the UK the company's products
are available only on the recommendation of a professional
financial adviser, and you must consult such an adviser
in order to apply for any product.
Each Policy is governed by and shall be construed in
accordance with the law of the Isle of Man.
|
