HomepageInsurance

Guaranteed Fund Forte

The sale of Forte is finished as its volume has already been sold out.

Guaranteed Fund Forte – what is it?

It is a new guaranteed fund of Komerční pojišťovna, a.s., broadening the investment strategy possibilities within the life insurance Vital Invest. The fund is suitable for all clients who would like to exploit the high yield potential of stock markets and, at the same time, want to increase the value of their money through the guaranteed appreciation.

The Guaranteed Fund Forte offers

  • minimum 13% yield guaranteed as of the maturity of the fund
  • potential yield up to 52% after 8 years (6.5% p. a.)
  • maturity of the fund ranges from 3 to 8 years
  • opportunity to participate in the growth of the world stock basket
  • currency risk protection (the potential negative impacts of the Czech crown strengthening are reinsured and will not affect the portfolio yield)
  • the portfolio is managed by professionals from the French company Société Générale, which is one of the largest and most stable banks operating in the Eurozone

Insurance contract elements in case of investing into the Guaranteed Fund

  • single premium in the minimum amount of CZK 50,000
  • fund is not on offer because of the sold out of the tranche

How does the Guaranteed Fund Forte strategy work?

The performance and maturity of the fund depend on the basket of the following 20 stocks
Stock title Industry Country
1 Accor SA Accommodation services France
2 Altria Group Inc Agriculture USA
3 Carrefour SA Food and staples retailing France
4 Deutsche Telekom AG Telecommunications Germany
5 EDF SA Power industry France
6 ENI SpA Oil industry Italy
7 General Electric Co Miscellaneous industry USA
8 ING Groep NV Insurance industry the Netherlands
9 Lafarge SA Building industry France
10 Metro AG Food and staples retailing Germany
11 PPR Retail France
12 Repsol YPS SA Oil industry Spain
13 RWE AG Power industry Germany
14 Schneider Electric SA Electrotechnical industry France
15 STMicroelectronics NV Electrical engineering (semiconductors) Switzerland
16 UniCredit SpA Banking industry Italy
17 Vallourec SA Iron (tubes, stainless steel) France
18 Veolia Environnment Water/water engineering France
19 Vodafone Group PLC Telecommunications Great Britain
20 Xstrata PLC Mining industry Switzerland

Appreciation for the first two years

13% guaranteed yield (6,5% p. a), which is credited at the moment of the fund´s maturity.

Appreciation in years 3 to 8

Floating yield rate 0–6.5% p. a.

If the fund achieves appreciation of 6.5% in the period between years 3 and 8, it is prematurely terminated and the 6.5% appreciation is paid out even for the previous years, regardless of the actual appreciation reached during these years. The client thus can gain a yield in the amount of 52% (8 × 6.5%) in year 8. The 6.5% appreciation can be reached if the value of any of the shares does not fall by 15% or more.

Example of early redemption after 6 years

Fund's closure after 6 years with payment of 6.5% appreciation for each year

39% yield in year 6 (6.5% p. a.)

If the appreciation of 6.5% is achieved in year 6, the client receives the following yield: 6 × 6.5% = 39% (regardless of the actual performance in years 3, 4 and 5).*

Example of redemption after 6 years

Actual accrued appreciation

34% yield after 8 years (4.26% p. a.)

If the fund has not been redeemed early (upon achievement of 6.5% p. a.), then after 8 years the client receives a yield in the amount of the actually accrued appreciation: 2 × 6.5% + 4.3% + 0% + 4.2% + 4% + 4.3% + 4.3% = 34.1%. However, 13% is always the minimum.*

*The given example is for demonstration only. It does not predict the future performance of the Guaranteed Fund Forte by any means.


How to arrange the insurance

You can obtain our products at any branch of Komerční banka. For more information call the Client Service of Komerční pojišťovna using the free Info Line 800 10 66 10.

Insurance terms and conditions