This calculator is intended for adviser use only - it is not to be relied on by anyone else.

Why "keeping cash healthy" is important

If your client chooses to invest part or all of their money within the International Bond in investments other than Insured Funds, it is important to keep funds in the IB Bank Account to cover the charges applying to the bond and any withdrawals. The amount placed in the IB Bank Account should depend on the investments chosen, the withdrawals taken and the commission paid to you.

We suggest that your client ensures that there is enough money in the IB Bank Account to allow it to stay in credit for at least 3 years. They may need to actively manage their investments to ensure the IB Bank Account stays in credit. There are two ways in which this can be done:

1. By switching money from another investment within the bond into the IB Bank Account.
2. By paying an increment directly into the IB Bank Account.

Overdrawn balances

If the IB Bank Account has insufficient funds to meet a deduction, it may become overdrawn. Should this happen, we will contact you to ask you to rectify the situation. Should it not be possible to contact you (or if no action is taken by, or on behalf, of the client) then we reserve the right to cancel units in your client's investments to clear an overdrawn balance. For details of the charges applied to an overdrawn IB Bank Account and further information on how units in investments may be cancelled to clear an overdrawn balance, please refer to the International Bond Key Features Document (IB17).

How can the calculator help

While the responsibility for maintaining an appropriate amount in the IB Bank Account will rest with your client, this calculator can help you to determine a suitable amount to allocate to it.

The calculator makes certain assumptions to enable basic calculations to be made. You must refer to these assumptions before using the calculator. This calculator is for information only and does not constitute advice. No guarantees are given or responsibility given for the effectiveness of any arrangements entered into as a result of using this calculator. It is the responsibility of the customer and their adviser to determine an appropriate amount to place in the IB Bank Account and to ensure that sufficient funds are maintained in the account for the duration of the bond.

Please complete the details on the next screen and then press “calculate” to view a projection of the amount held in the IB Bank Account over the next six years.