A fund range that keeps it real - to make a real difference
We understand that choosing the right investment options that have steady growth potential is vital to help your client's maintain their chosen level of protection benefits with affordable premiums.
Protected Lifestyle Lebanon operates on the basis that at least 50% of your client's policy premiums must be invested into our Lebanese Deposit Fund. The remainder can be invested into any of the other external funds available within the range. We also rebalance policies periodically to ensure that at least 50% remains invested in the Lebanese Deposit Fund.
The funds which we have carefully handpicked for the external range, have to operate within a specified volatility ratio. This attempts to marry steady growth with above inflation returns, and whilst there are no performance guarantees, at least you know the range is compiled to work for your client's to limit sharp performance fluctuations.
To make things clear...
We don't offer mirror funds
The range offers 30+ USD denominated direct funds to choose from.
And we offer you...
All funds are daily priced and daily traded allowing your client's to change their selection at any time.
There's a mix of asset classes to choose from including currency/money market, fixed interest, equity, global managed, hedge/structured products and Islamic, providing extensive options to diversify policy portfolios.
Funds risk rated between 1 & 7 (1 being low, 7 being high), helping you to match funds with your client's attitude to risk.
There's our Investment Guide, Fund Performance Bulletins and Factsheets, all updated regularly to provide you and your client with up to date details of the options available and how they are performing.
There is a bid/offer spread on the external fund range (with the exception of the Lebanese Deposit Fund). This means units are bought at the offer price, and are valued in a policy at the bid price. The bid price is 2.5% lower than the offer price. Other than the bid/offer spread, your client's can move freely between external funds without any further switching charges or custodian fees applying.
External fund Annual Management Charges (applied by the fund manager and already included within the fund price) range from 0.2% up to 2% depending on the fund type.
The Lebanese Deposit Fund and the External Range offer no guarantees or protection, they are unit linked and can go down as well as up in line with market conditions.
Download the Protected Lifestyle Lebanon Investment Guide now for the latest information about the available range.