International Prudence Bond

The International Prudence Bond offers access to a wide range of unit-linked investment funds with the aim of increasing the value of the money you invest over the medium to long-term (around five to 10 years).

This product is provided by Prudential International who are based in Dublin so they offer flexibility along with a wide range of investment choice. Investments with Prudential International grow largely free from tax which could result in a potentially higher return than investments in UK-based funds.

Please note that this isn’t guaranteed and there is the potential that you might not get back the amount you put in.
 

What is Offshore?

Offshore is a common term that is used to describe a range of locations where companies can offer customers growth on their funds that is largely free from tax. This includes "true offshore" locations such as the Channel Islands and Isle of Man, and other locations such as Dublin - where Prudential International is registered. Tax treatment can vary from one type of investment to another, and from one market and location to another.

Offshore products are perhaps most commonly thought of as offering tax advantages for higher rate tax payers but there are also a number of other aspects that potentially make them attractive for a wide range of customers. 

  • You can start investing – with a minimum of £20,000, €25,000 or $35,000 and any additional top ups must be at least £15,000, €20,000 or $25,000.

  • Choose your currency – if you wish to invest and take withdrawals, there’s a choice of investment currencies, to suit your particular circumstances.
  • There is a wide range of investments to choose from –  you'll have access to our:

     o  PruFund range of funds.

     o  Equity and managed multi-asset funds which utilise the asset allocation expertise of the M&G Prudential Treasury & Investment Office (T&IO) and offer a truly global investment perspective.
     

Please note that change in the rates of exchange could also cause the value of your investment, or any income taken, to go down as well as up. 

  • Flexible options for withdrawing your money – you can take regular or partial withdrawals from your bond at any time. You can set the amount of regular withdrawals and choose how often it is taken, as long as you take a minimum of £75 and leave at least £500 invested in each fund. You can find details of withdrawals in the key features document.
  •  An Annual Growth Reward  – which enhances the growth potential of their investment by adding an extra 0.1% of the bond value from the end of year one, where no regular or partial withdrawals are made.
     

An important point to remember is that the value of your investment can go down as well as up and you may not get back the amount you put in. 

 

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds, make withdrawals, any other changes or to find out about your bond.

 Call : + 353 1 476 5000

Monday to Friday, 9am to 5pm

Calls may be monitored or recorded. Calls will be charged at your international call rate.