In the past few months, we have seen a number of single premium non-participating insurance plans being launched by different life insurance companies: AIA, NTUC, Prudential, HSBC and TM Asia Life. The plans are either 2 or 5 year terms offering yields of between 1.4% to 2.75% p.a. AIA Wealth Accumulator HSBC Guaranteed Saver Plus […]
UOB has made a buyback offer to the 4000 customers who purchased Pru Yield 15 or Yield 20 through them. Investors will be able to redeem back their principal less any interest they have already received if they opt for UOB’s offer by 6 Nov 2009. This works out to be $0.88 for Pru Yield […]
Prudential has just relaunched another tranche of their single premium 5- year non-participating endowment plan – PruInvestor Guaranteed Plus. The previous tranche was in May this year. Details of this plan are as follows: Minimum premium : $5000 Payment mode : Cash or SRS Eligibility : Available for those between 1 – 70 years of […]
The Pru Yield 15 and 20 are investment products that aim to payout 3% p.a and 4% respectively in coupon and give 100% principal protection at maturity on 10 Jun 2010. The 100% return and coupon payout is dependent on a few factors, among which: 1) Out of a list of 100 companies, there are […]
The Pru Global Positioning (GPS) Fund is a fairly new fund that adopts a top down, macro approach to investing in over 33 markets via exchange traded funds, index futures and bonds. It has an unconstrained investment approach with flexibility to go from 0-100% in equities and bonds. Currently, the cash portion of the fund […]