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| Rebate Offer |
4.0% (100%) |
| Minimum Initial Investment |
$1,000 |
| Expected Close Date |
Ongoing |
| Description |
The CommInsure Investment Growth Bond combines the benefits of a managed investment with the security and tax features of a life insurance policy. |
| Product Disclosure Statement |  | Download Product Disclosure Statement (PDS) |  | Request Product Disclosure Statement (PDS) |
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The CommInsure Investment Growth Bond is an insurance bond that combines the benefits of a managed fund with the security and tax benefits of a life insurance policy. It provides a range of seven investment options that are tailored to suit individual risk profiles and are made availible in a simple tax-effective package.
The CommInsure Growth Bond may be suitible to investors looking to:
- invest tax-effectively over the long term
- minimize taxable income in the higher marginal tax brackets
- defer personal tax on investment growth to future years
- save for the future financial needs of children
- seek certainty in estate planning and wealth transfer
- invest in an investment with little anual tax reporting and paperwork
Child Advancement Policy
The CommInsure Child Advancement Policy may enable the Bond Owner (typically a parent or grandparent) to transfer ownership of the bond to the child when they reach a nominated age (known as the 'vesting' age).
Death Benefit Guarantee
This unique capital protection feature provides absolute security for clients as CommInsure guarantees to pay the total amount of contributions (less any withdrawals), regardless of movements in the market.
Investment Guarantees
The ComInsure Investment Growth Bond offers the potential for competitive after-tax returns through a choice of multi-sector and single-sector investment options; three with guarantees attached. These guarantees are different depending on the investment option:
- The Capital Guaranteed Cash option provides a guarantee that the unit price will never fall; and
- The Stable Fund and Fixed Interest Fund provide a guarantee that if the investor withdraws or switches units in these options after those units have been held for a certain period, the unit price used will be equal to the unit price at the time they were allocated units.
Please refer to the CommInsure product disclosure statement for full details of guarantees and features.
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Colonial First State Investments Limited (ABN 98 002 348 352, AFSL 232468) is the investment manager for the CommInsure Investment Growth Bond. Colonial First State currently manages more than $170 billion of funds globally and is one of Australia's leading managers.
As this information has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on this information. You should assess whether the information is appropriate for you and if necessary seek professional financial advice. This information is provided by CommInsure, a registered business name of the Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA), which are wholly owned but non-guaranteed subsidiaries of Commonwealth Bank of Australia ABN 48 123 123 124.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 4% entry fee on investments in the CommInsure Investment Growth Bond as additional units. 2020 DIRECTINVEST may receive a trailing commission of up to 0.40% pa. This trailing commission is paid by the fund manager and is NOT an additional charge to the investor. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) | | CommInsure Growth Bond Guide |
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| CommInsure Bond | Access the CommInsure Growth Bond and other tax effective investment bonds without pating entry fees.
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