This investment opportunity has now closed. Please contact us if you would like to be informed of similar investments in future.
With deposit rates at such low levels, we have commissioned an investment to provide:
1. 100% Capital Protection,
and
2. Growth Potential (180% Participation) linked to a basket of currencies.
The potential outcomes compared with a deposit account (paying 3%pa) are outlined below:
Note: These figures are estimates only. Past performance is not a guide to future performance. This bond matures on 30th September 2013.
Term
The term is 3 years and 6 months, the shortest term, over which we could source:
1) A high level of protection, and
2) A significant participation rate in a suitable index / basket.
Taxation
The investment will be subject to 28% DIRT on any growth achieved.
Self Administered Pension investors will not suffer any tax on growth.
Protection Provider
Investec Bank Plc (Irish Branch), who are a significant international bank with an Irish presence, are the deposit taker to the investment. The UK Financial Services Compensation Scheme provides protection of up to £50,000 per investor.
Costs
The costs are borne within the investment structure i.e. there are no additional costs/fees payable.
Acumen & Trust receive 3% from Investec, however your guarantee and the growth are based on the full 100% of your investment.
Closing Date
The closing date for investment in this currency bond is 24th March 2010. [Closed]
Please view the 
Currency Bond Brochure (252.4 KB), for more details, terms & conditions and application form.
Previous Investments
We promoted two protected investments in 2009. They were:
| |
Oil Bond
|
Credit Bond |
| Protection |
50% |
100% |
| Participation Rate |
160% (Cap of 56% growth) |
100% |
| Term |
2 Years 3 Months (from March 2009) |
3 Years 6 Months (from June 2009) |
| Objective |
Strong growth |
No risk, medium growth |
Performance to date
|
+56% |
+5.93% |
These offerings sought to exploit excessive weaknesses at the time firstly in oil prices and then credit markets. The second offering was structured as a low risk alternative to deposit – the annualised return to date is 8.63%
We believe the current offering linked to currency markets provides a good complement to the 2009 offerings.
Further Information and Next Steps
To proceed with this investment, or for further information, please contact us, or browse the following links:
Growth potential of the currency bond
Why pick these currencies?
What will the future hold for this Currency Basket?
Our View on Deposit Rates
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