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CMI Global Investor is an offshore bond (a lump sum investment) with an element
of life cover designed for those who have a minimum of £100,000 to invest – ideally for five years or more.
It offers virtually unlimited choice of investments, from over 180 leading investment
groups worldwide. So, your portfolios can be built and managed to meet current and
future financial needs with the minimum amount of administrative burden.
So, what are the main features?
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You have access to the funds of over 180 international investment groups,
potentially giving you more than 9,500 funds to choose from.
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You benefit from a streamlined service for buying and selling investments
with just one form to fill in. As full anti-money laundering is completed
when the bond is set up, you don't need to do this each time you make changes
to your investment.
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You can take a regular 'income' from the bond at any time. 'Income' is
treated as the withdrawal of capital for tax purposes.
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Your bond is automatically set up as a series of individual policy segments,
designed to give you maximum flexibility and the ability to minimise tax.
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You can switch the first 20 transactions between external funds each year,
and all switches between the CMI Insurance funds and Clerical Medical OEIC
funds. All are currently free of charge.
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You can choose from five charging structures.
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You benefit from being able to switch assets without incurring any tax although
tax rules can change.
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It's equally suitable for individual investors, pension trustees, trust
business and corporate investors.
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You can choose to manage the investment yourself or you can appoint an investment
adviser or discretionary manager to do so for you.
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Our specially trained and experienced staff will take care of your investment
administration and you will have a single designated point of contact.
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The value of an investment can go up and down as a result of market and currency
movements. You may get back less than you invested.
The words 'Clerical Medical' are used to refer to CMI Insurance Company Limited.
Part of the Lloyds Banking Group. CMI Insurance Company Limited, Clerical Medical House, Victoria
Road, Douglas, Isle of Man IM99 1LT, British Isles. Registered No. 33520, Isle of Man.
Telephone: +44 (0) 1624 638888. Fax:+44 (0) 1624 625900. Approved by Clerical Medical Financial
Services Limited, 33 Old Broad Street, London EC2N 1HZ, United Kingdom. Registered No. 2114901,
England. Clerical Medical Financial Services Limited is authorised and regulated by the Financial
Services Authority. Financial Services Authority rules are made under the Financial Services and
Markets Act 2000 for the protection of investors and apply to investment business conducted in or
from the UK.
CMI Insurance Company Limited, which issues CMI Global Investor, is an Isle of Man authorised insurance company.
Policyholders can claim under the Isle of Man's Life Assurance (Compensation of Policyholders) Regulations 1991
if CMI Insurance Company Limited cannot meet its obligations. This scheme covers up to 90% of the liability due
to the policyholder.
For further information see
'Investor protection
and your offshore bond'
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