Global Choice is a regular savings plan that lets you decide where your money is invested. This means that you can make your regular savings grow into a substantial sum, as your contributions add up over time. At the same time, the funds you’ve invested in could also be growing.
Who is it for?
Global Choice could be right for you if:
You regularly have more than USD 500 available after paying all bills
Global Choice is best suited for people who regularly have monthly savings of at least USD 500 and want to find ways of increasing the returns that they can get on these savings.
You accept a level of risk for the potential of better growth relative to a savings account
Investing in funds involves a degree of risk – funds can go down as well as up. Each fund has its own risk rating, and our dedicated advisers can help you understand what the right level of risk for you is.
You have a time horizon of 5 or more years
If your savings are for things such as building a retirement pot, a house purchase or putting money aside for your children’s education, then the 5-year minimum commitment of this plan could be a good fit.
For a full understanding of the products, please refer to the policy terms and conditions.
Who isn’t it for?
Global Choice might not be right for you if:
You aren’t prepared for funds to fall in value
Investments go up and down in value. If you’re not comfortable with the possibility that there can be periods where your investment is worth less than you put in, then you might want to consider alternative savings options.
You have a time horizon of less than 5 years
Global Choice is better suited for people with medium to long-term goals, such as saving towards retirement or the university fees of young children.
You currently don’t have any other savings
Before taking a medium to long-term investment plan such as Global Choice, you may want to consider building some cash savings that can be called upon for emergencies.
Everyone has different goals. We want to help you save for yours.
Source: Based on Zurich internal data as of August 2021.
*Standard & Poor’s 2021.