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> Fixed Rate Deposit Fund (Series 3)
Fixed Rate Deposit Fund (Series 3)
This fund is no longer open to new business.
Fund Description
This fund is designed to provide a fixed return of 4% over 16 months
(3%* per annum) to 29th September 2010. To provide this return, the
Fixed Rate Deposit Fund invests in a fixed rate deposit account with
Bank of Ireland. Zurich Life's normal product charges apply, including
early encashment charges on some products. The return stated is before
deduction of these charges.
*2.6% per annum is provided by Bank of Ireland. The additional 0.4% per annum is
provided by Zurich Life. Clients do not have a deposit with Bank of Ireland or any recourse to Bank
of Ireland. In the event that Bank of Ireland does not meet its obligations to Zurich Life, or the
return on the Bank of Ireland account is otherwise insufficient, the value of the Fixed Rate Deposit
Fund will be based on the value returned from the deposit account with Bank of Ireland and the 0.4%
return per annum provided by Zurich Life. No other assets of Zurich Life Assurance plc shall be used to make up the difference.
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