Managed Capital Account | MoneyCamel

Managed Capital Account

College Education Saving Plan
CAMEL VIEW
  • Tax-efficient investment vehicle
  • You're free to take regular and partial encashments
  • Investment Term can be 5 to 10 years or longer
  • You can make lump sum or regular investments
FEATURES
Provider 
Skandia International
Currency Choices 
USD, EUR, GBP, HK$
Payment Options 
Monthly
Fund Choices 
Royal Skandia's Internal funds
Online Access 
Yes
Min Term 
0
Max Term 
0
Investment Amount 
450
FEES & CHARGES
Monthly Maintenance Charge 
GBP5.25/USD7.85/EUR7.85
Early Encashment Charges 
8% of the fund value reducing by 1.6% per annum on each account anniversary to nil after 5 years
Surrender Charges 
10% penalty free allowance each year
ADDITIONAL INFORMATION

Minimum Monthly Saving Amount is US$450/EUR450/GBP300 per month

No fixed term of investment

Sum Assured is 101% of the encashment value payable on death

Writeup on Provider 

Skanida International is a part of the Old Mutual plc Group, a FTSE-100 listed company. They have the backing of a large, well respected and financially stable worldwide organisation. They provide financial advisers with online access and reporting which enables them to keep you up-to-date on your investments and make changes quickly and efficiently when needed.Their Advisers have access to Fund information, Portfolio building and analysis tools, Quotations, Valuation reports, Application tracking, Online switching

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