Can you afford to put a lump sum away for a number of years? Are you willing to take on some risk? Then investing can help you build towards a secure financial future.
Why you should think about investing
You have worked hard for your money. It makes sense to make your money work hard for you. If you have a lump sum that you can do without for a few years, then consider investing it with Friends First. It could bring you better returns than just keeping it on deposit in the bank.
Risk
Before you decide how and where to invest, you need to consider how much risk you are prepared to take on. Our advice? Talk to your Financial Broker.
But for some quick answers, you can read our ‘Introduction to Investing‘ or try our Investment Suitability Tool.
How it works
You have a lump sum of €10,000 or more. You want to get a good return on it so you are considering investing.
You have thought about your options. You have talked to your Financial Broker about investing and you have considered the kind of investment options that might suit you.
You understand the risks. Investing your money offers potentially higher rewards than putting it in a bank, but the value of your investment can go down as well as up.
It is a lot to think about, but it is worth taking the time to weigh up your options and start building up a nice little nest egg – for whatever the future may hold.
Pick your funds
Charges & Taxation
Track your investments
Pick your funds
Decide which type of funds suit you – you can pick your own funds to build your portfolio or go with one of our readymade portfolio options.
You can change your investment fund at any time without charge by switching to another Friends First fund, so you are always in control.
Charges & Taxation
Charges
The charges vary depending on the investment option you choose but your Financial Broker will talk you through them.
You can make withdrawals from your investment at any time but depending on the option you choose, you could be charged if you take out your money in the first few years.
Taxation
You have to pay tax on any growth you make on your investments, over and above your original investment amount. The current rate is 41% (as of May 2016).
If you make a withdrawal, we will deduct the tax before we make any payment to you. If you leave your money where it is invested, we will deduct tax every 8 years from any profit you make, over and above the amount invested.
Track your investments
You can keep a close eye on your investment through our Online Service Centre, both its current value and how your funds are performing.
Investments
Why Friends First?
We have a proven track record of offering innovative investment solutions from established fund managers