Why invest in our Capital Investment Bond?
The Wesleyan Capital Investment Bond (CIB) is designed to help you plan for the future. Providing access to a range of asset classes, it allows you to invest a minimum of £7,500 over the medium to long term, with the potential for capital growth and income.
- Can be used in combination with a trust
- An effective way to grow, manage and control your capital
- Invest in a choice of 17 funds, including our flagship With Profits Fund
- Switch between funds, and top up your investment at any time
Please note initial and ongoing charges apply.
Bear in mind the value of investments and any income can go down as well as up and you may get back less than you invest.
Initial Advice Charge
When you open or top-up your investment through a Wesleyan Financial Services Consultant, an Initial Advice Charge of 3% applies.
If, after setting up your plan, you subsequently make a direct payment without taking further advice, the Initial Advice Charge will not be payable on that payment.
Annual Management Charge
An Annual Management Charge (AMC) applies, which is a percentage of how much your plan is worth each year. The AMC percentage depends on the fund or funds that you invest in. If you are taking a regular income from your plan, the AMC will increase by 0.3%.
If you are opted in to Wesleyan Financial Services’ Ongoing Advice Service (OAS), the cost of the OAS will be 0.5% of your plan value each year.
We may also charge you for switching your money between different funds, though the first switch each year is free.
Please refer to the Key Features Document for more details of the tax treatment of the Capital Investment Bond.
You can take out a CIB if you are aged 18 or over and are a UK resident for tax purposes.
If you choose to cover the life of one person (or two people and you want the plan to pay out when one person dies), all of the people covered need to be aged 79 or under when the plan starts.
If you choose to cover the lives of two people and you want the plan to pay out when both people die, only one of the people covered needs to be age 79 or under when the plan starts.
Please read the following documents before applying: