Foundations of Security

  • Superior guarantees through TEPs

TEPs provide very strong guarantees without impacting on performance. These guarantees increase each year that bonus rates are declared and are so valuable that most Life Offices have stopped offering this product to new investors because regulatory changes have increased the cost of providing the guarantees. The only way to access these guarantees now is through TEPs.

In addition to this 90% of these guarantees are underwritten by the British Government through the Financial Services Compensation Scheme (FSCS) and for EGF the amount of guarantee underwritten is greater than the net asset value of the fund.

More about Traded Endowment Policies >>

More about why EGF only invests in traditional with profits >>

  • The EGF security strategy

Diversification: EGF selects policies issued by the most secure Life Offices. In fact these companies are some of the strongest financial institutions in the world.

As time passes, the available stock reduces. Because it has been buying policies since 1998, EGF holds policies from more life offices and with a wider range of maturity dates than can now be bought on the TEP market, making it a natural choice for those seeking better risk adjusted returns provided by increased diversification.

Active Management: Since its launch in 1998, EGF has seen a wide range of investment conditions. Throughout this time active management has enabled shareholders to benefit from full allocation to stock whilst also enjoying monthly liquidity and careful risk management. Consequently no Market Value Adjusters or suspensions have ever applied and the quality of security is matched by market leading performance compared to all regulated funds in this sector.

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  • EGF sets the standard for corporate governance

In today's investment climate, regulation and good corporate governance are essential to investor protection. EGF has led the way amongst TEP funds in providing the highest levels of protection for its investors. EGF is the only TEP fund that offers all of the following for investors' peace of mind:

Monthly valuations conducted by an independent actuary

Every asset acquisition and sale reviewed by an independent actuary

Each investor has full shareholder voting rights

Listed on the Irish Stock Exchange

Independent custodians and administrators with no cross directorships between service providers and InvestmentPlus

Regulated by the Irish Financial Services Regulatory Authority (IFSRA)

All service providers and the promoter regulated by the IFSRA or the Central Bank of Ireland

More about Corporate Governance >>

The outstanding guarantees and high standards of corporate governance make EGF the clear choice for investors seeking a low risk medium term growth fund with enhanced performance opportunities.

 

The guaranteed value relates to the value of the sums assured and reversionary bonuses already declared for the policy stock held by EGF. These guarantees relate to the underlying policies and not to the share price. Shares in the Endowment Growth Fund (EGF) are single priced with no bid/offer spread. Class A shares are offered in GBP and class B shares are offered in GBP, USD or EUR. Returns may be affected by fluctuations in currency exchange rates. The valuation date is the 15th of each month. Class A share prices appear under InvestmentPlus plc in the FT Managed Funds Service. The value of shares may fall or rise each month, this means that your capital is at risk when investing in EGF. This investment should be regarded as medium to long term in nature. If you withdraw from this investment in the first 5 years, exit penalties may be applied. It is only suitable for professional investors who understand the risks involved and investment should not be made prior to reading the prospectus. If in doubt seek expert advice. Nothing contained within this document constitutes investment advice or an offer to subscribe.

The Endowment Growth Fund (EGF) is the first sub-fund of InvestmentPlus plc, which is regulated by the Irish Financial Services Regulatory Authority. Registered in Ireland No. 289965. Registered office 39/40 Upper Mount Street, Dublin 2, Ireland. EGF is distributed by PolicyPlus International plc which is authorised and regulated by the Financial Services Authority and is a member of the Association of Policy Market Makers. Registered in England No. 2392989. Registered office King’s Court, Bath, BA1 1ER, England.