An Investment Bond to help you plan for the future
The Wesleyan Capital Investment Bond (CIB) is an investment plan designed for people who are willing to invest a minimum of £7,500 over the medium to long term, usually a minimum of five years, with the potential for capital growth and income by accessing a range of asset classes.
Please see the Guide to Investing, in Key Documents, for more information. You accept the risk that when the investment is encashed you may not get back what you paid in. The amount that you get back will depend on how the investment performs, you may get back less than you invest. Charges are deducted from your plan.
Your money in the CIB can be invested in up to 12 investment funds from a choice of 17 funds, in a way to suit you. You can move your investment into one or more different funds at any time, this is known as fund switching. You can make up to 12 fund switches in a 12 month period. You will find details of the funds available in our fund fact sheets on the Fund Prices page.
Initial and ongoing charges
There is an initial charge of up to 3% of each payment you make. This includes the cost of any initial advice provided by Wesleyan Financial Services.
There is also an Annual Management Charge (AMC), which is a percentage of how much your plan is worth each year. The amount of AMC depends on the fund or funds that you invest in.
If you are taking a regular income from your plan we will increase the AMC by 0.3%.
We also apply a charge when you make one-off withdrawals during the first five years of your plan.
We may also charge you for switching your money between different funds.
More details about the charges are shown in our fund factsheets and Key Features Document.