Asac-Fapes launches a new insurance contract in partnership with Allianz Vie, Asac Epargne Fidélité, which mixes funds in euros and units of account (UC). Its originality lies in the automatic arbitration of profit-sharing attributed to the fund in euros towards a support unit-linked. “This arbitrage thus allows an additional return in the event of a rise in the markets, by limiting the risk on the profits of the support in euros only”the broker said in a statement.
Asac-Fapes also offers a reinforced “loyalty guarantee” associated with the Asac ring-fenced euro fund: after six years of membership, the number of CUs due under the loyalty guarantee is increased by a minimum of 10%. Members who make redemptions during this period of time lose their part of the guarantee in proportion to the amount of the redemption, unless this is necessary to deal with an accident of life.
Asac Epargne Fidélité offers access to 90 unit-linked investment vehicles, some of which target real assets such as Allianz Invest Pierre (SCI) or Allianz Transition Energétique (FCPR). Three management methods are offered: profiled by asset class, on climate and human themes with 100% labeled supports, and free.
Pricing of the Asac Epargne Fidélité contract
Charges on payment: 0%
Annual management fees on the fund in euros: 0.65%
Annual management fees on Loyalty support and boosting profit sharing: 0.65%
Annual fee on other CUs: 1.25%
Annual Profiled Management fee: 0.30%