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Moneycare offers a comprehensive range of savings and investment products. Each product offering has a unique combination of benefits to offer you, depending on your individual requirements. As the numbers of investment opportunities are almost endless, we can help you assess the risk, and advise you which option best suits your personal circumstances.
For a start, ask your self this question "What rate of Interest am I getting on my savings with?"
You must remember that Deposit Interest Retention Tax - DIRT tax - is deductible at 28% on interest earned on all resident deposit accounts. Also Inflation is constantly eating into the value of your money therefore it is important to try and beat this with a higher rate of interest.
Demand Deposit Accounts
Funds are placed on deposit with a bank and are available on demand. The rate of interest is usually quite low.
Notice / Term Deposit Accounts - Excellent Fixed Term Rates
Moneycare can now offer 1year fixed term notice accounts. We now have three agencies, Investec Bank, Permanent tsb & Bank of Scotland. For more information click here
Guaranteed Funds
This offers the client an opportunity when investing the funds to have their funds fully guaranteed if they wish. This can offer them complete security and peace of mind.
Unit Linked Bonds
The Unit-linked Bond offers a range of unit-linked funds each having its own return/risk and control profile. This enables you to select funds that match your attitude to risk and control. You can either link your bond fully to one fund or link it to a combination of funds.
With Profit Bonds
A With Profits Bond invests in a wide portfolio of company shares; government bonds, corporate bonds, deposits and property, and distributes the growth of these investments in the form of bonuses that aim to smooth returns during times of market volatility.
Tracker Bonds
Tracker bonds give investors access to the potentially higher returns that stock market provide but without the risks normally associated with similar investments.
Managed Fund
A managed fund is simply a type of investment where a number of investors pool their money into one fund which is then invested by an experienced fund manager. A managed fund invests in a wide variety of assets including equities, property and government bonds. This combination of different types of assets aims to reduce the overall level of risk your investment is exposed to while working to deliver excellent capital growth over the long term.
Remember also, the Investor Compensation Act GUARANTEES depositors some support should that institution fail... compensation is either 90% of the amount of investors net loss or €20,000 (whichever is lower).
To find out more please contact a Moneycare Advisor today.
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