Term product "Golden Portfolio"

"Golden Portfolio" provides the possibility of obtaining a return on your savings.

"Golden Portfolio" is a product where First Investment Bank undertakes to pay at maturity date at least the full amount of the funds provided by the client under the contract. The portfolio of assets is owned by the Bank, and each client who opens such a product will have the opportunity to obtain a return on their funds.

The specially created portfolio invests in financial instruments and up to 10% in gold. The profitability of the product is tied to the price of gold.

Characteristics of the product

For individuals and business customers;

Currency: Euro;

Term: 24 months or 36 months;

Minimum amount: EUR 50,000;

Early termination / withdrawal of funds: Not allowed;

Maximum amount: No limit (until the program is filled);

Increase in the funds provided (additional payment): Not allowed;

Yield:

• "Golden Portfolio"  for 24 months - When the price of gold increases by 10% and over 10% for the term of the contract, at the maturity of the contract the Bank will pay the principal + yield of 1% for the entire period on the amount of the contract. In case of increase in the price of gold by less than 10%, in case of decrease in the price of gold or when there is no change for the period of the contract, only the amount of the provided funds (principal) will be paid at maturity;
• "Golden Portfolio" for 36 months -  When the price of gold increases by 10% and over 10% for the term of the contract, at the maturity of the contract the Bank will pay the principal + yield of 3% for the entire period on the amount of the contract. In case of increase in the price of gold by less than 10%, in case of decrease in the price of gold or when there is no change for the period of the contract, only the amount of the provided funds (principal) will be paid at maturity;
  

Repayment of principal and yield: On maturity date;

Fees and commissions: No opening fee.

Example for determining the yield under “Golden Portfolio” for 24 months.

Example for determining the yield under “Golden Portfolio” for 36 months.

*The amount does not include due income tax, which for individuals is withheld by the Bank at the time of payment of the yield.   -  - Change in the price of gold - Total return on your savings% - Return on your savings for 24 months - Total amount of savings + yield*

The funds under the “Golden Portfolio” product are not guaranteed by the Deposit Guarantee Fund in Bulgaria, the Investor Compensation Fund or any other type of guarantee.

The obligations are not secured, nor are they subject to a guarantee or other agreement, which increases the rank of the receivables.

Warning:  This text is for information purposes only. It does not and should not be construed as investment advice, recommendation or consultation. The data used in the illustrated examples is based on simulated portfolio returns, which is not a reliable indicator of future results. The value of the financial instruments included in the portfolio and the income from them may decrease and there is a risk for the clients not to receive the expected return.

More information:

Basic information document - 24 months

Basic information document - 36 months