Analysis by Good Value for Money of the Epargne Vie Expertise (EVE) offer built by Groupe vyv in partnership with MUTEX


  • General condition analysis of contracts
  • Good Value for Money

Savings Life Expertise (EVE) (Solution vyv x MUTEX)

Good Value for Money analysis of the General Conditions

Version as of September 21, 2022

Reference elements

  • Insurer
  • Type of Contract
  • Type of contract
  • Version of the general conditions analyzed
  • Contract status
    • Open to new subscriptions

Costs

  • Membership fees
    • No membership fees
  • Upfront charges on payments
  • Annual management fees on the fund in euros
    • 0.60% management fee on the euro fund
  • Annual management fees on unit-linked (UA)
    • 0.60% management fee on account units
  • Additional discretionary management fees
    • 0.25% additional management fees on the units of account concerned

Minimum payment amounts

  • Minimum opening deposit amount
    • €150 in free management
    • €1,000 in discretionary management
  • Free minimum deposit amount
  • Minimum amount of scheduled free payments
    • Monthly periodicity: 50 €
    • Quarterly periodicity: 150 €
    • Half-yearly frequency: €300
    • Annual periodicity: 600 €

Classic Euro funds

  • History of rates paid (net of fees and gross of social security contributions)
    • 2021: 1.30%
    • 2020: 1.30%
    • 2019: 1.25%
  • Possible investment constraint(s)
    • Investment of any payment in free management up to a minimum of 30% in units of account.
  • Nature of the capital guarantee provided on the fund in euros
    • The capital guarantee does not include the annual management fee of 0.60%.
    • Concretely, in the event of a fixed rate of 0%, the capital of the saver on the fund in euros could therefore fall by -0.60%. A payment of €1,000 could therefore drop to €994 at the end of the year after fees have been deducted.

Proposed financial management

  • Free management
    • Investment exclusively in the euro fund of the contract
    • Access to the following range of 8 units of account
      • EGAMO Euro Bond (euro area bonds) Greenfin Label
      • EGAMO Multi Action World (international equities)
      • EGAMO Action France (French stocks) Governmental SRI label
      • EGAMO Convertible Euro (euro zone convertible bonds)
      • EGAMO Multi Action Euro (eurozone equities)
      • EGAMO Money Market (monetary funds in euros)
      • EGAMO Short Term Bond (euro area bonds)
      • EGAMO Flexible Allocation (euro zone flexible management) Governmental SRI label
    • Possible activation of the following financial management options:
      • Securing capital gains
        • Daily check of the option
        • Absence of minimum outstanding constraint on the starting medium
        • Choice of a percentage of capital gains allowing the triggering of the arbitrage, with a minimum of 5%
        • Minimum amount of capital gain to be arbitrated of €100 per medium
        • Free arbitrations carried out, if applicable
      • Dynamization of interests
        • Choice of one or more medium in which to invest the profit sharing (PB)
        • Completion of an annual arbitration, once the profit sharing has been paid
        • Investment of the PB in proportion to the number of supports retained
        • Minimum amount to be arbitrated of €100
        • Free arbitrations carried out, if applicable
  • Management under mandate
    • Signature by the saver of an arbitration mandate with his insurer
    • Choice by the saver of a mandate among the 3 offered in the contract:
      • Mandate 30 / 70
        • Recommended investment horizon of 3 years
        • Target allocation of 70% on the support in euros and 30% in units of account
      • Mandate 50 / 50
        • Recommended investment horizon of 5 years
        • Target allocation of 50% on the support in euros and 50% in units of account
      • Mandate 70 / 30
        • Recommended investment horizon greater than 5 years
        • Target allocation of 30% on the support in euros and 70% in units of account
  • Multi-pockets
    • Need for the saver to choose a management method from among those offered, without the possibility of building up several pockets within his contract.
    • Possibility for the saver to switch from free management to management under mandate (or vice versa)
      • Free operation if carried out online
      • Otherwise, 1 changeover possible per calendar year, then flat-rate billing of €15 for any subsequent ones
    • Possibility for the saver to change mandate within discretionary management
      • Free operation if carried out online
      • Otherwise, 1 changeover possible per calendar year, then flat-rate billing of €15 for any subsequent ones

Arbitrations

  • minimum amount
  • Billing
    • Free of all online arbitrations.
    • 1 free arbitration per calendar year in all cases.
    • Invoicing of any subsequent arbitrages during the calendar year, not carried out online, up to 0.50% of the capital transferred.
  • Constraints to respect
    • Obligation to leave a minimum balance of €150 per medium after arbitration
    • Obligation to respect a minimum percentage of 30% in units of account.

Partial redemption

  • minimum amount
  • Minimum balance after partial surrender

Death benefit

  • Type of guarantee
  • Maximum amount of loss insured
  • Age limit for taking out the guarantee:
    • 75th birthday of the insured
  • Guarantee coverage age limit:
    • 75th birthday of the insured
  • Annual warranty cost:
    • Billing from 0.12% to 5.08% depending on the capital at risk and the age of the insured
  • Methods of debiting fees:
    • Monthly invoicing with a pro rata debit on all the supports of the contract

To learn more about the analysis of Good Value for Money, click on the following link:

https://www.goodvalueformoney.eu/produit/selection-sel0000486-epargne-vie-expertise-eve-selection-2022-2023

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