If you’ve acquired a lump sum through savings, inheritance, or redundancy, there are a number of lump sum investments available to you. You can place it on deposit, in a post office bond, or invest directly in shares for example. You can also decide to grow this lump sum, by placing it in an Investment Bond to invest in mutual funds.
Lump Sum Investments
Investment Bonds are an alternative to bank deposits, direct stockbroker investment, or post office bonds and offer a range of funds to suit your risk appetite and your investment time frame.
The funds that you decide to select will have a big impact on the kind of return you can expect and there are many different funds to choose from with a variety of asset classes to consider.
We can help you choose the most appropriate investment bond and funds to invest in but also to minimise the associated costs.
Investment Fund Costs
- 1% Government levy.
- Allocation investment charge.
- Annual fund management charge.
One Quote Financial Brokers cover the Government levy and contribution charge meaning 100% of your money gets invested from day one!
The base annual fund management charge will then depend on your chosen Investment Bond, the chosen funds, and the size of your investment, but is generally kept at 1.00% with no setup or consultation fee.
Funds & Asset Classes
There are five main types of asset classes: cash, bonds, equities, property, and commodities. These are called asset classes and it is important to understand which assets the fund you choose invests in, aligning them to both your risk profile and ESG preferences.
Benefits of investing in funds
There are several benefits to investing in funds, over bank deposits and other alternatives:
- The fund manager picks the investments within the fund for you.
- Less administration as the fund manager does it all for you.
- Can be cheaper than buying investments individually.
- More choice and, as part of a group of investors, access to a wider range of investment opportunities.
- You have more control over the risk and return.
- You can outperform deposit rates and government bonds.
- You can spread your risk across, asset types, industries, and geographies.
Contact Us
Please note the minimum initial lump required is 30K. If you would like to discover more about the benefits of Fund based lump sum investment, please contact Ken O’Gorman – QFA on: 01 845 0049.
