I recently had a chat with a BOI wealth advisor who proposed a 100% Capital Protected bond. Its main attributes are:
Assuming the deposit is less than €100k, the investment is similarly protected. The 3.6% AER is nearly as high as the 3.86% BOI product best-case scenario, and it doesn't require a long-term commitment.
Am I overlooking something here?
Thanks
- It follows the performance of the EURO STOXX 50® Index.
- It has a duration of 5 years and 11 months.
- The Return on Investment ranges from 0% to 25%. In other words, your initial investment is secure, and you cannot lose your capital. However, if the return exceeds 25%, it is capped.
- No management fees
Assuming the deposit is less than €100k, the investment is similarly protected. The 3.6% AER is nearly as high as the 3.86% BOI product best-case scenario, and it doesn't require a long-term commitment.
Am I overlooking something here?
Thanks
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