Expected returns for this year are projected at 2.5%, but savers still have opportunities before year-end. The average rate for euro funds has reached 2.6% in 2023, with exceptional rates from some contracts. Insurers are offering bonus rates, contingent on new deposits or minimum investments in units of account (UC). This article outlines the top boosted rates available in November 2023 from various insurers like Abeille Assurances, BoursoBank, and La Banque Postale, detailing their conditions and potential returns.
While the expected average return for the current year stands at 2.5%, it’s not too late for savings enthusiasts. Before the year concludes, investors can still capitalize on enhanced returns from euro funds within their life insurance policies. Let’s explore the top offers available this November.
The average rate for euro funds, a low-risk and capital-guaranteed investment, has reached 2.6% in 2023. Some contracts have delivered outstanding performances, such as La France Mutualiste with a remarkable return of 3.70%. Since not all insurers are providing the highest base rates for their euro funds, some are offering bonus rates this year and sometimes extending into 2025. These bonuses typically require two main conditions: a new deposit and/or a minimum investment in unit-linked accounts (UC).
Check out the best boosted rates for November.
1 – Abeille Assurances
The deposit bonus from Abeille Assurances remains in effect. For their contracts such as Abeille Épargne Plurielle, Abeille Capitalisation Plurielle, Abeille Épargne Active, and Abeille Capitalisation Active, clients can benefit from a rate enhancement of 2%, 2.20%, or 2.40% for 2024 and 2025. The 2024 return on the Abeille Actif garanti and Abeille euro funds will be enhanced to 2% if the investor allocates 0% to 30% of their capital to unit-linked accounts, 2.20% for 30% to 50%, and 2.40% for investments exceeding 50% in UC. This offer commenced on April 22 and is valid for deposits made until December 20 of this year. Note that the minimum deposit required to qualify for this offer is 5,000 euros.
This performance bonus up to 2.40% is also applicable to the Évolution Vie contract distributed by the broker assurancevie.com (insured by Abeille Assurances), with identical eligibility conditions.
Abeille Assurances further clarifies that the bonus will be applied “proportionately to the investment period, based on the amount allocated to the eligible euro fund in this offer, provided it remains invested on the effective profit-sharing allocation dates.” The 2023 performances of the Abeille Euro and Abeille Actif Garanti funds reached 2.13% and 2.03%, respectively.
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2 – BoursoBank and Fortuneo
Online bank BoursoBank offers an additional bonus on ongoing funds: an extra 0.50% return on the euro fund from the BoursoVie contract in 2024 if at least 50% of the contract is invested in UC by next December 31. Last year, Bourso Vie achieved a performance of 3.10%, ranking among the best contracts of the year.
Other online banking options include Fortuneo, which with the Fortuneo Vie contract, also promises a 2% bonus on the return from the Euro fund Opportunités 2, provided certain conditions are met. The bonus will apply to all free deposits made under the contract until December 31 if the investor allocates at least 30% to UC.
3 – Altaprofits and Linxea
Since July 1, holders of the Digital Vie Prime contract from Altaprofits receive a bonus of 2% on returns for 2024 and 2025 for every free investment made in the euro fund Opportunités 2 until December 31 of this year, with no conditions related to investments in unit-linked accounts (UC).
As a reminder, the Opportunités 2 fund achieved a performance of 2.5% in 2023. Altaprofits specifies that the bonus will be applied “pro rata temporis, subject to the absence of any disinvestment activities (rebalancing or withdrawals) in 2024 and 2025. Any disinvestment actions (withdrawals or rebalancing) following deposits made between 01/07/2024 and 31/12/2024 in the euro fund Suravenir Opportunités 2 will prioritize disinvestment from the amount benefiting from the bonus.”
The Digital Vie Prime contract from Altaprofits provides access to two euro funds: Opportunités 2 and Rendement 2, which provided returns between