BoV limited offer Property-Linked Deposit
Bank of Valletta has launched a new, six-year term deposit with performance linked to a basket of an actively managed top-notch selection of funds investing in the property market worldwide. Available in both Maltese liri and euro, the new BoV...
Bank of Valletta has launched a new, six-year term deposit with performance linked to a basket of an actively managed top-notch selection of funds investing in the property market worldwide.
Available in both Maltese liri and euro, the new BoV Property-Linked Deposit is invested in the real estate market from as little as Lm2,000 (€5,000) with 100% capital protection (if held for the full term).
On maturity, depositors also receive 70% of the average performances of the underlying basket of funds.
Joseph M. Camilleri, executive head, Wealth Management, at Bank of Valletta, said: "Property has traditionally proved to be an asset class that provides excellent diversification benefits due to its decorrelation with other asset classes.
"The outlook of the underlying investments is positive and there is currently a strong case to be made for property investments."
No fees are applicable to open the account and the offer is open until June 8 or earlier, at the bank's discretion.
For more information visit any BoV branch, the bank's Website www.bov.com or call the Customer Service Centre on 2131-2020.