Norwich Union International Limited, Norwich Union's offshore company, located in Dublin, has introduced a 1% extra allocation special offer on both of their offshore investment bonds, the Norwich International Portfolio Bond and the Norwich International Investment Bond.
Norwich Union International Limited, Norwich Union's offshore company, located in Dublin, has introduced a 1% extra allocation special offer on both of their offshore investment bonds, the Norwich International Portfolio Bond and the Norwich International Investment Bond.
The extra allocation special offer will apply to all new business from 23rd July 2001 and will run until 31 October 2001.
The Norwich Union International product range provides investors with access to a diverse range of international funds including 26 managed by Morley, Norwich Union's own fund Managers and over 60 managed by 15 of the world's other leading investment managers. Uniquely to Norwich Union, the externally managed funds are selected in conjunction with the Standard & Poor's fund rating methodology and now include access to 3 risk-rated fund of funds managed by Investment Manager Selection Ltd (IMS).
The revised allocation rates on the Norwich International Investment Bond are as follows:
| Amount of total Investment | Allocation Rate |
| Ł10,000 - Ł24,999 | 101% |
| Ł25,000 - Ł49,999 | 102% |
| Ł50,000 - Ł99,999 | 103% |
| Ł100,000 - Ł149,999 | 103.5% |
| Ł150,000 - Ł249,999 | 104% |
| Ł250,000+ | 104.5% |
The revised allocation rate on the Norwich International Portfolio Bond is 101%. As always allocation rates are subject to existing terms and conditions.
Paul Shirley, Marketing Director said, "We are delighted to be able to offer investors this extra allocation on their offshore investments. In addition to this, they will benefit from many other features of our investment bonds such as trust and tax planning, a diverse range of high quality funds, clear and open charging structures as well as secure internet access to online valuations and fund switching."
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| For further information | ||
| Norwich Union International | Mike Gogan | 00 353 (0) 1 802 8415 |
| Financial Dynamics | Andrew Waterworth | 020 7269 7127 |
| Financial Dynamics | Emma Reed | 020 7269 7249 |