SEB is offering an innovative investment opportunity: investment in a fund and a term deposit with a higher interest rate
From 3 July to 30 September 2017, we are offering our clients an investment solution which includes investment in a fund and a term deposit with a higher interest rate. This innovative solution is offered only if it turns out to be suitable for the client during a consultation.
Ainar Leppänen, Head of Retail Banking and Technology at SEB: "Many clients want to invest their spare funds for a shorter or longer term. However, they often do not have the information necessary for making the right investment decisions. In such a case, we invite them for a consultation, whether at one of our branches or via video. At the meeting, the client and their private advisor will review the client’s current economic situation, set investment goals for the future, and determine the risk tolerance of the client. This new solution by SEB is an exciting opportunity for clients who are mostly saving at present but are considering investing, as well as for those who are already investing but who would also like to deposit their funds."
Clients can use this new investment solution if investment in one of the following funds turns out to be suitable and the client makes an investment in the amount set out in the personal recommendation.
- SEB Strategy Balanced;
- SEB Strategy Opportunity;
- SEB Strategy Growth;
- SEB High Yield Fund; või
- SEB Global Ch/R Fund.
The investment solution includes an investment in a suitable fund in the amount set out in the personal recommendation and a term deposit with a higher interest rate in the sum of the fund units acquired by following the recommendation. A term deposit can be concluded for a term of three months (90 days) with an interest rate of 3.5% on an annual basis.
When acquiring fund units and concluding a term deposit agreement, the usual terms and conditions of products apply. The terms and conditions are available on our website.
IMPORTANT
The interest rate for a term deposit has been given on an annual basis. For example, when depositing 1,000 euros for 3 months with an annual interest rate of 3.5%, you will earn 8.75 euros after 3 months (90 days).
The information contained herein should in no event be interpreted as investment advice, investment recommendation or any other investment or ancillary service. Before making a decision to invest, we recommend carefully considering the financial, legal, regulative, accounting, and taxation issues related to the intended investment and assess all the risks associated with the investment and the appropriateness and suitability of the investment. If necessary, we recommend seeking advice from professional tax and investment advisors. General information about investing and securities is available on the website of AS SEB Pank at Investorkaitse.
Detailed information on the fund, incl. the rules of the fund, public issue prospectus, key investor information document or simplified prospectus, financial reports and other information are available on the website of AS SEB Pank at Investment funds. Before making a decision to invest, we kindly ask you to review the documents and other information available on the fund on the afore-mentioned website.
Additional information:
Julia Piilmann
Communications Manager
Marketing and Communications Division
SEB Pank
Phone +372 665 5340
Address Tornimäe 2, 15010 Tallinn
E-mail julia.piilmann@seb.ee