The beginning of 2008 saw an intensification of the financial crisis, which had a profound effect on investors. However, the markets began to rally a little in March due to measures which gradually restored confidence.
The beginning of 2008 saw an intensification of the financial crisis, which had a profound effect on investors. However, the markets began to rally a little in March due to measures which gradually restored confidence. Some investors are beginning to take an interest in the stock markets once again as these still perform best in the long term. This is also confirmed by the recovery of the stock market in April.
As part of its Good Advice approach, from 14 May 2008 to 1 August 2008, Aviva is offering two new funds for customers who do not naturally tend to invest in equities but believe that this market offers the best opportunities in the mid- to long term: "Aviva Cap 2016" if the investment horizon is greater than or equal to eight years and "Aviva Cap 2012" if the investment horizon is shorter, four to eight years.
These offers guarantee:
- protection of the capital at maturity1
- 100% index-linking to the Secured Performance of the DJ Euro Stoxx 50 index, which is the benchmark index for the eurozone, made up of the top 50 market capitalisations in France, Germany, Spain, Italy, Finland, Ireland and the Netherlands.
Thus, Aviva Cap 2012 and Aviva Cap 2016 enable investors to retain an exposure to the stock markets in order to take advantage of the openings currently available and a medium-term rise whilst benefiting from a capital guarantee at maturity.
Whatever happens the redemption price of Aviva Cap 12 at maturity, 3 August 2012, will be at least 100%1 of its face value2. On the other hand, holders of Aviva Cap 2016 will receive at least 111%1 of its Face Value2 at maturity, 5 August 2016.
The advantages of the Aviva Cap 2012 and Aviva Cap 2016 offers:
- Optimisation of performance potential
100% index-linking to the Secured Performance2 of the DJ Eurostoxx 50 index - A secure arrangement
A process of securing performance in the final year enabling the investor to guard against a possible downturn in the markets in the run-up to maturity.
For Aviva Cap 2016, additional protection: a redemption price at maturity at least equal to 111%1 of face value2. - A clear, transparent formula
Thanks to a simple system, the saver benefits from exposure to the performance of a single market index, rather than the performance of a basket of shares, which is clearer and more transparent for the customer.
Similar to unit-linked products, these financial funds are available for Aviva life insurance policies and investment bonds3.
As part of its Good Advice approach, Aviva Vie recommends that prudent customers assign part of their asset allocation to this type of fund according to their Investor Profile and investment horizon.
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Press contacts:
Aviva Vie
David Chenu
Telephone: 01 76 62 67 92
E-mail: david_chenu@aviva.fr
HDL Communication
Alexandra Rigaud
Telephone: 01 58 65 20 15
E-mail: arigaud@hdlcom.com
Notes to editors:
About Aviva
Aviva is the leading provider of life and pensions to Europe with substantial positions in other markets around the world, making it the world's fifth largest insurance group based on gross worldwide premiums at 31 December 2006. Aviva's principal business activities are life insurance and long-term savings, fund management and general insurance, with total sales of €56.7 billion and funds under management of €499 billion at 31 December 2007.
With more than 150 years' experience in France, Aviva is among the top 10 players in the insurance market. Aviva France is distinguished by a balanced multidistribution model which has proved itself: 875 general agents, 1,800 agency staff, 400 life advisers, more than 1,000 brokers, partners (Union Financière de France and Médéric). Aviva France's partners also include AFER, the leading association of savers in France, and the Crédit du Nord Group. Specialising in unit-linked products, Aviva is well-known for the performance of its long-term funds and its strong commitment to its customers through its Good advice approach. Aviva has more than 3,300 employees. As at 31 December 2007, Aviva France recorded a consolidated turnover of €6.5 billion, a consolidated operating profit of €338 million (based on intrinsic value - EEV/IFRS norms) and managed assets worth €74.2 billion.
1 Excluding tax and social security contributions applying and/or fees for life insurance policies or investment bonds
2 Face value: €1,000 as at 01/08/2008
3 Offers subject to conditions depending on qualifying policies and bonds