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What is the International Portfolio Bond?

The International Portfolio Bond is an offshore bond sold to UK residents, designed for medium to long-term investing (typically 5–10 years). It offers access to a wide range of investment options with the potential for growth, while allowing you to take tax-efficient withdrawals to suit your needs throughout the lifetime of the bond.

There are two types of the International Portfolio Bond.

  • Lives Assured: the bond ends and pays a death benefit when the last surviving Life Assured dies (if the bond hasn’t been fully cashed-in).

  • Capital redemption: the bond matures and pays a maturity benefit after 99 years (if the bond hasn’t been fully cashed-in).
     
Flexible offshore investing

This bond is provided by Prudential International, based in Dublin, giving you flexibility and a broad choice of investments. As an offshore investment, your money can grow largely free from tax, which could lead to potentially higher returns compared to UK-based investments. Please note that this isn’t guaranteed and there’s the potential that you might not get back the amount you put in

Offshore locations include Channel Islands Isle of Man, Dublin and other locations where Prudential International is registered. Tax treatment can vary depending on the type of investment and your personal circumstances.

 

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Product details

Product features

Why choose Prudential International Portfolio Bond?
  • Tax efficient
    Defer tax until your investment is fully cashed in, helping you manage your tax position effectively.

  • Wide fund choice
    Access a diverse range of options, including the PruFund range and hundreds of collective funds from a wide variety of fund management groups, tailored to different risk levels and returns.

  • Flexible withdrawal options
    Take regular or one-off withdrawals from your bond, starting from just £50. Different withdrawal methods may have varying tax implications.
  • Flexible payments
    Start with a minimum of £20,000. You can make additional top up payments of at least £5,000.

  • Inheritance Tax planning
    A wide range of trust options available with Prudential International products.

Things to consider when choosing the International Portfolio Bond

  • This product is only available through a financial adviser.
  • The value of your investment can go down as well as up and you may not get back the amount you put in.
  • Making withdrawals and the application of charges will reduce the value of your investment.
  • Tax rules can change and the impact of taxation any and tax relief depends on your circumstances.
  • We’re not recommending one option over another and haven’t given advice on this investment. If you’re unsure, speak to a financial adviser.

What’s the Sustainable Finance Disclosure Regulation (SFDR)?

The SFDR is an EU regulation designed to give investors greater transparency on how financial products and their underlying investment options can promote environmental and/or social characteristics, or have a sustainable investment objective.

The International Portfolio Bond promotes environmental or social characteristics as it has

  • one or more funds that promote these characteristics, and
  • one or more funds that have a sustainable investment objective.

For more sustainability-related information on the International Portfolio Bond, please refer to the SFDR documents.

Each document may include third-party links to fund-level sustainability details. If you have difficulty accessing these links or finding specific fund information, please speak to your financial adviser.

You can also learn how Prudential International Assurance considers principal adverse impacts of its investment decisions in the following document:

Statement on principal adverse impacts of investment decisions on sustainability factors

Ready to invest?

If you’re interested in the Prudential International Investment Bond, speak to your financial adviser.

Before deciding if this product is right for you, please read the following documents:

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