Global Wealth Advance
Helping you to achieve your long-term financial goals.
Global Wealth Advance is a unit-linked regular premium savings plan. Its many features give you a high degree of flexibility and portability. What’s more, it rewards you with a loyalty bonus after the plan’s tenth anniversary, if you choose a term of at least 10 years at the beginning.
|Product features||Investor benefits|
|Minimum premium.||You need to invest a minimum of SGD 75,000 over the contract term selected.|
|Loyalty bonus.||If you choose a term of at least 10 years at the beginning of your plan, a monthly loyalty bonus will be applied after the plans tenth anniversary, if regular premiums are still being paid – rewarding long-term investment.|
|Lifestyling investment strategy.||Automatically switches a proportion of your clients funds into low risk graded funds.|
|Wide choice of funds.||A comprehensive range of funds which invest in professionally managed funds from some of the world’s leading and most respected managers.|
|Free switching facility.||Flexibility to adapt your portfolio to changing opportunities, as often as you like. Currently no charge is made for switching between funds, although we reserve the right to introduce a charge, upon one months' written notice, of up to 1% of the amount involved or US Dollars (USD) 15, Singapore Dollars (SGD) 22.50, Sterling (GBP) 10, Euro (EUR) 15 or Hong Kong Dollars (HKD) 120, whichever is greater.|
|Death benefit.||101% of the unit value.|
|Currency choice.||Payments into Global Wealth Advance can be made in Singapore dollars (SGD), US dollars (USD), Sterling (GBP), Euro (EUR) or Hong Kong dollars (HKD).|
|Access to your money.||You can take withdrawals monthly, quarterly, half-yearly, annually or on a one-off basis whenever you want to. Surrender penalties may apply.|
Friends Provident International Limited reserves the right to change its charges at any time, at its discretion, upon one month's written notice to the policyholder.
Friends Provident International Limited (Singapore Branch) does not offer investment advice on the merits or suitability of its products. It is therefore important that you seek financial advice on the suitability of the products to your own circumstances.
Each policy is governed by and shall be construed in accordance with the law of Singapore.