Compare Competitive Interest Rate’s And Have The Flexibility To Choose Term’s That Matches Your Investment Goals.
If you are looking to target inflation beating returns then a Fixed Rate Investment is perfect for you.
Fixed interest, fixed term or fixed income investments are a type of investment that offers regular set returns over a specific period of time. The idea of fixed term is that your rate of return is known, so unlike when you invest in global financial marketrs, your wealth doesn’t suffer from the same market volatility – for this reason, fixed-income assets are often seen as one of the safest forms of investing. Fixed Income, Fixed Term or Fixed Interest investments include some of the most popular investment classes such as Term Deposits, Investment Funds & Government Bonds.
It’s important to understand that fixed income encompasses many different kinds of products, meaning each product offered also has varying levels of risk and security.
Your receivable interest will be paid directly in to your bank account and you generally have the choice of whether this is either paid quarterly or annually. With certain products a ‘bonus payment’ is added to your capital lump sum at the end of term, this maybe applicable where you have chosen to roll over you interest payments until the bonds maturity.
This varies from provider to provider, but in general it is recommended you hold onto to your bond until it reaches maturity. The Terms and Conditions of the specific bond type will detail any early redemption clauses.
If you haven’t provided instructions for when your bond matures, more often than not it will automatically be reinvested for the same term at the interest rate applicable on the date of maturity. You often will have seven calendar days after your funds are reinvested to make any changes (such as adding or withdrawing funds) at no cost.
The maximum amount you can deposit depends on the provider. In general the maximum amount is Euros 499,999. If you’d like to apply for a higher investment amount, speak with the product provider who can instruct you on the process.