For retail

Unit Linked

Unit Linked is life insurance, which is a unique combination of insurance and investment in investment funds. Choose moderate or active investment, supplementary insurance and the duration of your contract.

It provides the possibility of achieving a higher return through investment in investment funds, but also provides coverage in the event of death through a guaranteed sum insured.

Depending on the level of risk, we have allowed you to choose one of the following investment packages that differ both in the investment policy and in the investment funds covered by them:

MODERATE package

The moderate package includes funds that have a conservative investment policy and invest in safe securities, such as: government bonds, treasury bills, bank deposits and others.

ACTIVE package

The active insurance package offers funds that have a bolder investment policy and invest mainly in foreign currencies and stocks, but bring you the possibility of higher income.

SPECIAL package

The special package is consisting of Raiffeisen funds. Most of them are safe investments, and a large part of investments are in foreign currency. The special package provides the possibility of achieving a stable yield with a moderate level of risk – exposure to shares of developed and developing countries allows you to take advantage of positive trends in world stock markets, while exposure to bonds and deposits provides a continuous yield.

How is your money invested?

Of each premium you pay, one part is intended to cover the risk of death, the other part for savings (this part is converted into investment units of funds) and the third part is set aside for insurance enforcement costs.

ADVANTAGES

  • You independently choose the insurance package, the amount of the premium, the dynamics of payment, the amount of the guaranteed sum insured in case of death and the part that is invested in investment units with the possibility of achieving a higher income than with classic life insurance;
  • You have the opportunity to invest in the international financial market, investing in the world’s largest companies;
  • You get help and advice from investment experts;

WEAKNESSES

  • You bear the risk of investment, ie the consequence of oscillations in the financial market;
  • It is not possible to transfer money within a package from one fund to another.

CHARACTERISTICS OF MODERATE PACKAGE FUNDS

Raiffeisen CASH open-end investment fund is an asset preservation fund, ie a money market fund, which is characterized by the fact that it invests at least 75% of its assets in cash deposits and short-term debt securities. See more  | Prospectus

Raiffeisen EURO CASH aims to, through responsible and professional management, ensure a stable but continuous return, protect the investment of dinar funds from exchange rate fluctuations through investment in instruments denominated in EUR, with a low level of risk and maintaining liquidity at the highest possible level. See more | Prospectus

Raiffeisen WORLD is an open-end investment fund that invests at least 85% of its assets in equity securities and debt securities. Investment in debt securities and cash deposits may not be less than 35% nor more than 65% of the value of the fund’s assets. See more | Prospectus

WVP BALANCED is a balanced fund that invests at least 85% of its assets in equity and debt securities. Investments in debt securities and cash deposits may not be less than 35% or more than 65% of the value of the fund’s assets. See more | Prospectus

WVP PREMIUM open-end investment fund is an asset growth fund that invests at least 75% of its assets in equity securities. The focus of the fund’s investment policy will be large and medium-sized companies – “Large and Mid Caps”, which are leaders in their own industries and have a continuity and a growing history of dividend payments. In the investment process, special attention will be paid to minimizing the risks that may arise in this type of investment. See more  | Prospectus

WVP DYNAMIC open-end investment fund is an asset growth fund that invests at least 75% of its assets in equity securities. The investment goal of the WVP DYNAMIC fund is to achieve a high rate of return, ie a high growth in the value of the fund’s assets through capital gains and income from dividends and interest, while maintaining liquidity and investment security. See more | Prospectus

CHARACTERISTICS OF ACTIVE PACKAGE FUNDS

WVP Cash invests at least 75% of its assets in short-term debt securities and cash deposits. The investment goal of the WVP CASH fund is to achieve a stable growth in the value of assets, with a low level of risk and a high level of liquidity of invested funds.

WVP CASH fund is intended primarily for investors who do not want to expose their assets to high risk and price fluctuations, while achieving an attractive return in a relatively short period.

Investment decisions are made in accordance with the Law and investment policy in accordance with this Prospectus, and they are made on the basis of money market analysis, which include analysis of expected interest rate movements, as well as analysis of individual issuers when depositing funds or investing in debt instruments. See more | Prospectus

WVP BALANCED is a balanced fund that invests at least 85% of its assets in equity and debt securities. Investments in debt securities and cash deposits may not be less than 35% or more than 65% of the value of the fund’s assets.

The investment goal of WVP BALANCED fund is to professionally manage and maintain the quality structure of the Fund’s assets, to achieve stable growth in the value of assets and investment units, over a longer period, through capital gains and income from dividends and interest, while maintaining liquidity and investment security.

WVP BALANCED is intended for domestic and foreign, legal and natural persons interested in placing free funds, on a long-term basis in a diversified portfolio of various equity and debt securities (government and corporate bonds), as well as money market instruments. See more | Prospectus

WVP PREMIUM open-end investment fund is an asset growth fund that invests at least 75% of its assets in equity securities. The focus of the fund’s investment policy will be large and medium-sized companies – “Large and Mid Caps”, which are leaders in their own industries and have a continuity and a growing history of dividend payments. In the investment process, special attention will be paid to minimizing the risks that may arise in this type of investment.

WVP PREMIUM invests most of its assets in equities and is intended for investors who want to invest in the long term in a diversified portfolio of equity securities, with the aim of achieving a high rate of return, and while accepting a higher level of risk. See more | Prospectus

WVP DYNAMIC open-end investment fund is an asset growth fund that invests at least 75% of its assets in equity securities. The investment goal of the WVP DYNAMIC fund is to achieve a high rate of return, ie a high growth in the value of the fund’s assets through capital gains and income from dividends and interest, while maintaining liquidity and investment security.

WVP DYNAMIC, as an asset growth fund, invests most of its assets in shares and is intended for individuals and legal entities, domestic and foreign, who want to invest in the long term in a diversified portfolio of equity securities, with the aim of achieving a high rate of return, and with the acceptance of a higher level of risk. The principles of investing in the WVP DYNAMIC fund are the principle of security, the principle of portfolio diversification, the principle of maintaining liquidity, and other principles in the function of risk dispersion. See more | Prospectus

Raiffeisen WORLD open-end investment fund invests at least 85% of its assets in equity securities and debt securities. Investments in debt securities and cash deposits may not be less than 35% or more than 65% of the value of the fund’s assets.

The Fund is intended for individuals and legal entities, domestic and foreign, to which the Fund’s investment goal corresponds, ie investors who want to achieve a positive return in the long run by investing in various types of assets, but are also willing to accept moderate risk. See more | Prospectus

Age of the insured

All persons aged 14 to 65 can be insured, provided that at the end of the contract cannot be older than 75.

Insurance premium

The premium is paid recurrently, according to the dynamics you choose – monthly, quarterly, semi-annually or annually. Premium payment is made exclusively in RSD. The minimum amount you can pay per month is 3,000 RSD. The agreed amount of the premium cannot be changed during the insurance period. Payments are in RSD only.

Contract duration

You choose how long the insurance contract will last. The minimum duration of the contract is 10 years, and the maximum is 25 years.

Sum insured

In the event of the death of the insured during the term of the contract, we are obliged to pay a larger amount, when comparing:

  • guaranteed sum insured in the event of death (if the premium was paid regularly) and
  • the sum of the value of the investment portfolio of the insurance policyholder and 5% of the total contracted insurance premium less costs and taxes incurred by the insurer when withdrawing funds from investment funds.
  • For life insurance, the minimum guaranteed sum insured in case of death is 125,000 dinars, and the maximum guaranteed sum insured in case of death is the sum of all contracted insurance premiums.
  • When it comes to experience, the sum insured cannot be defined in advance, because it depends on the value of the investment units you have at the time of expiration of the insurance contract.

Basic insured cases:

  • death of the insured during the agreed duration of insurance
  • experiencing the expiration of the contracted insurance.

Terms and conditions

Example (RSD)

Age of the insured: 35 years
Gender: male
Duration of insurance: 20 years
Annual premium: 122,109 RSD

SUM INSURED
For Life InsuranceFor Supplementary Insurance of persons in the event of death of the insured due to an accident*For Insurance of persons against the consequences of an accidentFor Insurance of persons against the occurrence of severe deseaseFor Insurance of persons in the event of surgical interventionsFor Insurance of persons against the occurrence of malignant desease
2.000.000 RSD2.000.000 RSD2.265.625,00 RSD1.000.000,00 RSD1.000.000,00 RSD1.000.000,00 RSD

* With the agreed supplementary insurance of the person in case of death from the consequences of the accident, a double insured amount is paid according to the life insurance

PREMIUM

Method of paymentMinimum premium installment
Monthly3.000,00 RSD
Quaterly8.000,00 RSD
Semi-annual14.000,00 RSD
Annual25.000,00 RSD

MODERATE PACKAGE

Assumed average annual return on invested fundsPretpostavljena vrednost investicionog portfolija za doživljenje isteka osiguranja
OPTIMISTIC (5,25%)2.820.386,75 RSD
REALISTIC (3,50%)2.333.657,34 RSD
PESSIMISTIC (1,75%)1.934.455,70 RSD

ACTIVE PACKAGE

Assumed average annual return on invested fundsPretpostavljena vrednost investicionog portfolija za doživljenje isteka osiguranja
OPTIMISTIC (7,50%)3.613.917,43 RSD
REALISTIC (5,00%)2.744.627,37 RSD
PESSIMISTIC (2,50%)2.096.324,54 RSD

SPECIAL PACKAGE

Assumed average annual return on invested fundsPretpostavljena vrednost investicionog portfolija za doživljenje isteka osiguranja
OPTIMISTIC (4,00%)2.462.911,44 RSD
REALISTIC (3,00%)2.211.791,34 RSD
PESSIMISTIC (2,00%)1.986.921,34 RSD