Aviva France, a major operator of life insurance and long-term savings, assets management and damage insurance, has announced a new window of subscription to the FCP Aviva Rebond in its life insurance contracts.
Aviva France, a major operator of life insurance and long-term savings, assets management and damage insurance, has announced a new window of subscription to the FCP Aviva Rebond in its life insurance contracts. The objective of this fund is to take advantage of difficult periods within the markets by investing in private shares or bonds considered excessively quoted under par.
A market context that offers investment opportunities
Aviva France has launched a new operation of subscription to the FCP Aviva Rebond, until 31 July 2012. This fund addresses investors who enjoy an investment schedule over three to five years and who are convinced that the economic situation can cater for opportunist investments, subject to a willingness to undertake a certain level of risk.
Aviva Rebond was launched in May 2009 within a market context featuring a severe fall in share values and historically very low evaluation levels, making it possible to take investment opportunities.
Now, after the period of severe depreciation which has adversely affected the rates of shares and the evaluations of corporate bonds, the Aviva Rebond fund is gauged to take advantage of any rise in the market. The CAC 40 index has returned to the level achieved in May 2009, the levels of evaluation are quoted well below par particularly among industrial stocks, and new purchasing opportunities are appearing.
A first successful operation in 2009
Its good advice policy is a major feature of Aviva France, and aims to offer investments to its clients in accordance with their profile: specific need, required performance, investment period and appetite for risk.
In the beginning of the month of June 2009, Aviva France had launched a first operation among its clients within a still depressed market context, in order to benefit from the assessment opportunities that it was offering. By the end of a subscription window that extended throughout the period from June to December 2009, Aviva France had advised its clients to retain their positions in 2010, and then leave the support in December 2010 to establish a taking of profits*.
The assets of Aviva Rebond
Aviva Rebond, an FCP of French law created on 15 May 2009, is a diversified fund with the objective of benefiting from the potential of evaluation of the stocks selected within its portfolio. Its investment scenario favours risky assets (private shares and bonds of the Euro zone).
The concentrated portfolio of Aviva Rebond results from a management of conviction, which makes it possible to keep intact its rebound dynamic within the current environment.
Characteristics of Aviva Rebond
| Juridical form | FCP of French law, which is not the object of any guarantee or protection of the invested capital. |
| ISIN codes | Part A FR0010742791 |
| Management company | Aviva Investors France |
| Date of creation | 15 May 2009 |
| Currency | Euro |
| Evaluation | Daily |
| Maximum overheads | 2.5% max |
| High performance commission | Nil |
| Charges of entry | 4% max |
| Index of reference | 50% EURO STOXX® + 50% Barclays Capital Euro Aggregate Corporate 3-5 years |
* Past performances are not a reliable indicator of future performances. Performances may vary over time.
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Press contacts:
Karim Mokrane
Telephone: +33 (0)1 76 62 76 85
Email: karim_mokrane@aviva.fr
Estelle Joubert
Telephone: +33 (0)1 76 62 57 86
Email: estelle_joubert@aviva.fr
Notes to editors:
About Aviva
Aviva is the sixth largest insurer in the world* with more than 44.5 million clients spread over Europe, North America and the Asia-Pacific zone. The major sectors of the Aviva group are life insurance and long-term savings, assets management and damage insurance, with a total turnover of €55.4 billion and €468 billion of assets under management on 31 December 2010. Aviva is the most important insurer in the United Kingdom and one of the major life and retirement savings insurers in Europe.
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Aviva France
With more than 185 years of experience in France, Aviva is positioned among the top 10 insurance market players. Aviva France offers a complete range of products to three million clients, individuals, and small and medium businesses. The company is distinguished by a solid and profitable model of multi-distribution (875 general agents, 1,800 agency collaborators, 1,000 brokers, 400 life consultants, and 800 consultants in UFF management).
Aviva France also has partners such as the AFER, the largest savers’ association in France, the Crédit du Nord Group, and vehicle manufacturers. Aviva directly employs more than 4700 collaborators. On 31 December 2010, it recorded a consolidated turnover of €7 billion and an operating net profit in IFRS accounting base of €424 million. The company had €80 billion of assets under management on 31 December 2010. For further information on Aviva France, consult www.aviva.fr/assurances/assureur-aviva/aviva-presse.
* on the basis of gross world premiums issued on 31 December 2010.