New Investment Programmes from EFG Eurobank Ergasias
EFG Eurobank Ergasias now offers, through its Eurobank and Ergasias branch networks, three new investment programmes tailored to the needs of different customer groups, based on their investment profile. The new programmes are as follows:HIGH-INCOME PRIME This is a low-risk, flexible-management programme which offers steady and satisfactory yields, with customers able to share in the capital gains, in the form of income, upon their request. Its investment composition consists of a low-risk combination of Eurobank mutual funds and, more specifically, Bond and Money Market mutual funds. The customer is informed of his investment's progress via a monthly statement and enjoys zero commissions upon entry, exit and transfers.CAPITAL-GAINS PRIME This is a growth-oriented investment programme aiming at high medium-term yields based on moderate fluctuations thanks to a wide dispersal of investments in bonds and stocks of sound companies, both Greek and foreign. It consists of a combination of Eurobank bond and stock mutual funds. Customers will be kept informed via a six-monthly statement and enjoy zero entry and transfer commissions, and low or zero exit commissions. In addition, there is a free guarantee to double the capital in case of death of the beneficiary.CAPITAL-ACCUMULATION PRIME This is a savings-based investment programme which makes possible the accumulation of significant capital sums by means of small regular or ad hoc deposits. Benefits will take the form of: · Pensions, and lump sums · Family coverage · Income to meet childrens' longer-term financial needs. The minimum monthly deposit will be GRD 25,000 (Euro 73,37). It will consist of mixed domestic mutual funds. Customers will be informed of progress via an annual statement and enjoy zero entry and transfer commissions, and low or zero exit commissions. In addition, there is a free guarantee to double the capital investment in case of death of the beneficiary, and additional benefits amounting to double the value of total amounts deposited in the year prior to the incident. Lastly, the programme is tax-exempt, which is equivalent to an additional yield of up to 10.625 per cent on a 3-year basis, depending on the beneficiary's tax bracket. All three programmes benefit from the Bank's flexible asset management, as specialists decide the programmes' portfolio composition and intervene promptly in order to exploit effectively the market's constantly changing variables to the benefit of investors, in tune of course with each programmes underlying characteristics. -
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