An Overview

• Long-term flexible lump-sum investment product offering the potential of excellent returns.
• An opportunity to reap the potential growth of bond and equity markets.
• Extensive choice of funds.
• Opportunity to choose the level of risk that suits you through portfolio diversification.

Product Type

This is a unit-linked, lump sum, investment bond.

Investment Term

We recommend at least five years.

Investment Amount

You can invest a minimum of €3,809.21).

Additional Investment

An additional investment (minimum €634.87) can be made at any time you choose.

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Matrix

Matrix is a collection of fund choices that allows you to mix and match return/risk and control variables. In general, higher returns can only be achieved at the expense of greater risk. The Unit-linked Bond has a higher risk profile than say savings certificates or a standard deposit account, but over the longer term investors have been rewarded for this risk through a higher return. (Data is available on request.)

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Extensive Choice of Funds

The Unit-linked Bond offers a range of unit-linked funds each having its own return/risk and control profile. This enables you to select funds that match your attitude to risk and control. You can either link your bond fully to one fund or link it to a combination of funds.

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Switching Unit Funds

If you wish to change the profile of your investment you can do this at any time by making a fund switch. This involves moving some or all of your existing units into one or more of the other unit-linked funds. The current charge for this service is €19.05.

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Regular Income

You can opt to regularly take an income from your bond (minimum €317.43 regardless of frequency). This income can be calculated as a fixed monetary amount or as a percentage of the value of your bond. This facility is only available if the minimum value of your bond after a regular income has been taken is at least €2,539.48).  Regular income will be taxed as a partial encashment.

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Encashing Your Bond

You can make a full or partial encashment at any time. This is done by cancelling all or some of your units at their bid value. On making a partial encashment (the current charge is €19.05) the minimum remaining value of your bond must be at least €1,269.74). It is important to note that the cash value of your bond in the early years may be less than the amount you invested.

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Taxation

• If you are neither resident nor ordinarily resident in the Republic of Ireland at the time of the 'chargeable event'*, we will pay the proceeds of the policy without deduction of Irish taxes. However, depending on the individual circumstances and the jurisdiction in which you are taxable at the time you receive the benefits of the policy, you may have a liability to tax under the tax legislation of that country.
• If at the time of the 'chargeable event'* you are resident or ordinarily resident in the Republic of Ireland, the full amount of the gain including the growth while you are outside the Republic of Ireland will be taxed at exit tax which is equal to the standard rate of Irish income tax plus three percent.

* Chargeable events include the following:- full encashments, partial    encashments, income withdrawals, assignments (in whole or in    part).

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Current Charges

• Allocation of Premium
  102% of each premium buys units at the ruling offer price in your chosen fund.
• Bid/Offer Spread
  All of the money you invest is used to buy units in your chosen fund(s) at the ruling offer price. When you encash your bond this is done at the bid price of the units. The bid price is 5% lower than the corresponding offer price. This represents a charge of 5% of the amount invested.
• Management Charge
  To cover the administration, investment management and valuation of your investment, there is an ongoing management charge currently of 1% per annum of the value of your unit account. This charge is deducted monthly and is reflected in the published price of units. If the fund chosen is a Scudder Threadneedle Investments fund then this charge will be 1.5% per annum.
• Partial Encashment & Switching Unit Funds
  The current charge for these services is €19.05.

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Specific Policy Information applicable to UK Resident Policy Owners only

Holders of policies issued by us will not be protected by the UK's Policyholder's Protection Act 1975, if the company should become unable to meet its liabilities to them and they are not covered by the UK Investors Compensation Scheme or any protections under the Financial Services Act 1986. We may be required to provide details of any gains/surrenders on such policies to the UK Inland Revenue.

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IMPORTANT

The information or any part of it contained in this notice does not form part of a contract of insurance between you and
e-insuranceireland. This notice is only intended as a guide to the Unit-linked Bond. The terms of a contract with
e-insuranceireland are governed by Irish law and are contained in the policy documentation (Policy Certificate and Policy Document).

For further information contact us.

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