For savers who are willing to sacrifice guarantees for potentially higher returns
*The (not so) small print
|Returns||There is no guaranteed return with this option. Your savings are invested in our Life Fund which takes advantage of any growth in shares, property, commodities, bonds and cash. It is for those who are looking for potentially higher returns than our other options but are willing to sacrifice security and guarantees to achieve this|
|Guarantees||There are no guarantees with this option|
|ISA Allowance||You can save up to £20,000 this tax year (but transfers from previous tax years are also allowed)|
|Contribution||Lump sum or regular premium|
|Minimum Investment||£100 lump sum / £40 regular premium|
|Payment Options||Invest via debit card, bank transfers, cheque (not online) or ISA transfers|
|Accessibility||Access anytime. Your investment can go up and down, and you may get back less than you have put in when you withdraw your savings|
|Top-ups||Top-ups permitted (minimum of £100 lump sum / £40 regular premium)|
|Charges||There are charges on this plan. You can find full details in the Key Features document.|
It is important you understand all of the key features of the Options ISA if you are considering applying.
The table below shows the value of an Options ISA - Non Guaranteed option invested on 1 October 2012 to 1 October 2017. It shows the value that the member could have received if they were to withdraw all of their investment on the specified date. Example based on Police Mutual simulated past performance figures.
|Date||Police Mutual Non Guaranteed||% in period|
|Total gains||£4,347||+ 33.4%|
You should remember past performance is no indication of future performance and should not be the reason for choosing a product.