Investment Bond
This product is no longer available to new customers
The Investment Bond, from Aviva is a lump-sum investment which is designed for investment growth and can be suitable for people with various attitudes to investment risk. It's a medium to long-term investment and there’s no fixed end date, so you can invest for as long as you like, although there is an early exit charge if you take money out during the first five years.
Our Investment Bond is no longer available to new investors, but if you have already invested in the Bond, remember you can:
- Invest over the medium-long term to grow your money.
- Choose to make regular withdrawals, to provide you with an 'income'.
- ‘Pick and mix’ from the wide choice of funds from leading investment providers if you want to switch the fund(s) your money is invested in.
It’s important to remember that this type of investment carries a degree of risk and its value can fall as well as rise, so you may get back less than you put in.
Take a look the latest fund factsheets from Aviva, to see how each fund is performing Fund information.
How will I know how my Investment Bond is performing?
We know you don’t want to worry about your investments, you’re busy getting on with the rest of your life! The Investment Bond should be seen as a medium to long-term investment, so you can relax, knowing that the experts are doing their job; looking after your money, while you get on with other things.
But of course, you may want to check how the funds you choose are performing.
Take a look the latest fund factsheets from Aviva, to see how each fund is performing
Fund information
You can get an up-to-date valuation of your Investment Bond from Aviva, whenever you need it.
Manage your Investment Bond
This is a summary:
- You must invest a minimum of £5000 in The Investment Bond.
- You can choose up to ten individual funds and/or ready-made portfolios to make up your Investment Bond.
- One or two people can hold The Investment Bond.
- The Investment Bond also includes a small amount of life insurance. This means that if the policyholder dies while they hold The Investment Bond, at least 100.1% of the Bond's value at the time will be paid out.
- You can’t top-up The Investment Bond as it’s a single lump-sum investment, but you can open more than one Investment Bond.
- You can take regular withdrawals from The Investment Bond, to give you a ‘regular income’. Up to 5% each year of the total amount you invested without needing to pay any tax straight away.
- You can also make one-off withdrawals at any time, though remember that exit charges will apply in the first five years
- The value of your investment could go down as well as up so, with the exception of the Aviva Guaranteed 100 Fund, there is no guarantee how much you might get back in the future.
No initial charge - so 100% of the money you pay-in is invested in your Investment Bond.
Annual Management Charges - Aviva will take an annual management charge from your Bond, which depends on how much you invest.
| Amount invested | Annual Management Charge* |
|---|---|
| £50,000 and above | 1.25% |
| £25,000 - £49,999 | 1.30% |
| £10,000 - £24,999 | 1.35% |
| £5,000 – £9,999 | 1.75% |
* Percentage (%) of value at the time
Some of the funds also have a Fund Managers Expense Charge.
Early exit charges - If you cash in all or part of your investment in the first five years, early exit charges apply. These reduce, depending on how long you’ve held your Investment Bond.
| Year you cash in | Early exit charge* |
|---|---|
| 1 | 10% |
| 2 | 7% |
| 3 | 4% |
| 4 | 2% |
| 5 | 1% |
| 6 onwards | 0% |
* Percentage (%) of value at the time
You can switch your investment between funds up to four times a policy year (policy anniversary to anniversary) free of charge; any further switches in the same year will be charged at £25 each.
