Bankinter launches a new investment fund: ‘Bankinter IBEX 2025 Garantizado’
With capital guarantee and additional returns linked to the performance of the stock market index, the IBEX 35.
This fund, with a term of 8 years and 3 months, may be subscribed without fees until 3 August 2017.
Bankinter has begun to market a new investment fund: Bankinter has begun to market a new investment fund, Bankinter IBEX 2025 Garantizado, FI. This fund completes the range of investment products offered by its fund manager, Bankinter Gestión de Activos.
With a term of 8 years and 3 months, it guarantees 100% of the capital initially invested (the unit value as of 3 August 2017), plus additional returns of up to 70% of the average variation of the listing price on the IBEX 35, based on monthly observations.
The Bankinter IBEX 2025 Garantizado, FI fund has a minimum initial subscription amount of 500 euros. Furthermore, the fund’s management fee is 0% until 3 August 2017, and 0.40% thereafter until maturity. Its deposit fee is 0.10%.
The subscription period for this fund (without subscription fees) is until 3 August 2017, or until the committed amount has been reached. Its maturity date is 31 October 2025.
The Bankinter IBEX 2025 Garantizado, FI fund is open to investors who wish to hold on to their investments in the medium and long term and are interested in using their initial guaranteed capital investment to earn potential returns from the IBEX 35. The fund also has monthly exit windows at no additional cost. Although the fund is guaranteed on maturity, investors may redeem units without fees and at the market price on the fifth day of every month (or on the following business day, where necessary), from 5 September 2017 until 8 August 2025 (both inclusive).