Zurich Life Fixed Term

Fixed Term (Series 3) invests the fund assets into a Structured Deposit account provided by Barclays Bank Ireland plc once the Open Period ends. The fund is designed to deliver a fixed return over three years, with the potential for a small extra amount linked to the Euro Stoxx 50® Index. In plain terms, the return is partly guaranteed by the deposit terms, with a possible bonus if the equity market reference rises above its starting level.

Fixed Term (Series 3) aims to pay a fixed return of 3.76% per annum for three years. It may also pay an additional 1.00% at the end of the term if the Euro Stoxx 50® Index is above its initial reference level. This means investors are mainly targeting a minimum fixed outcome, with a small added upside if the Eurozone stock market performs well.

Fixed Term (Series 3) might suit investors who do not expect to need access to their money for three years. It is also aimed at investors who understand its specific risks and rewards, and whose main objective is a minimum fixed return with a possible extra amount at maturity. In plain language, it is designed for investors willing to lock money away for the term in exchange for certainty over the base return.

Fixed Term (Series 3) carries counterparty risk, inflation risk and timing risk. Counterparty risk means the return depends on Barclays meeting its obligations; if it does not, the fund may receive less than expected. Inflation risk means the buying power of the return could be eroded over time, and timing risk means access to the money may not be available when the investor wants it.

Fixed Term (Series 3) is designed to be held until 11 December 2026, and it may not be appropriate for shorter-term investors. Zurich Life may allow a switch out or encashment before maturity at its sole discretion, but access is not guaranteed. If an early exit is permitted, the fixed return will not apply and the value will be based on current market conditions, which could mean receiving less than was originally invested.