Analysis by Good Value for Money of the general conditions of Pouvoir Avenir 2 (assurancevie.com) embarking on the new offer of funds in euros from Suravenir

Future Power (assurancevie.com)

Good Value for Money analysis of the General Conditions

Version as of June 22, 2022

Reference elements

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

Costs

• Entry fees on payments:
  • No entry fees on payments: 0%
• Annual management fees on funds in euros:
  • Fund in euros Suravenir Yield 2: 0.60%
  • Fund in euros Suravenir Opportunities 2: 3.00%
• Annual management fees on the eurocroissance fund:
  • (absence of eurocroissance funds)
• Investment / disinvestment costs on trackers (ETF):
  • 0.10% of the amounts invested (or disinvested) on each transaction
• Annual management fees on unit-linked (UA):
  • 0.60% calculated daily and deducted daily by decreasing the number of units of account
• Additional annual fees on CUs (only) in managed management:
  • 0.20% calculated daily and deducted daily by decreasing the number of units of account

Minimum payment amounts

• Minimum opening deposit amount:
  • 100 € in Free management (minimum investment of €25 per medium)
  • €1,000 in Driven management
• Minimum free deposit amount:
  • 100 € (minimum investment of €25 per medium)
• Minimum amount of scheduled free payments:
  • Monthly periodicity: 25 € (minimum investment of €25 per medium)
  • Quarterly frequency: €50 (minimum investment of €25 per medium)
  • Half-yearly frequency: €50 (minimum investment of €25 per medium)
  • Annual frequency: 50 € (minimum investment of €25 per medium)
• Indexation of scheduled payments:
  • Possibility for the insured to opt for automatic indexation of its scheduled payments.

“Suravenir Rendement 2” Classic Euro Fund

• History of rates paid (net of fees and gross of social security contributions):
  • (nil due to the launch of the fund in 2022)
• Possible investment constraint(s):
  • Investment of at least 30% in units of account for any payment on Suravenir Rendement 2

Dynamic Euro Fund “Suravenir Opportunities 2”

• History of rates paid (net of fees and gross of social security contributions):
  • (nil due to the launch of the fund in 2022)
• Possible investment constraint(s):
  • Funds in euros accessible only in free management
  • Investment of at least 50% in units of account for any payment on Suravenir Rendement 2

Proposed financial management methods

• Free management:
  • Possible investment in the fund in euros:
    • Suravenir Yield 2 with a minimum share of 30% in UA
    • Suravenir Opportunities 2 with a minimum share of 50% in UA
  • Access to the range of 740 CPUs offered in free management
  • Possible activation of the following financial management options:
    • Automatic rebalancing
      • Monthly check of the option on the 20th of each month
      • Automatic rebalancing of contract allocation, subject to a minimum arbitrage amount of €25
      • Free arbitrations carried out
    • Progressive investment
      • Splitting of the investment of part of the capital constituted within one or both funds in euros of the contract towards units of account
      • Fixing by the client of the amount to be arbitrated from the starting support(s), with a minimum of €500
      • Choice by the client of the number of arbitrations to be carried out and the corresponding amount
      • Choice by the client of the distribution of his investment at each arbitration
      • Automatic realization of arbitrations during the period requested by the client (or until the savings to be transferred are exhausted)
      • Free arbitrations carried out
    • Boosting capital gains
      • Requirement for a minimum profit share amount to be invested of €25
      • Automatic investment in one or more unit(s) of the profit sharing paid on the euro fund(s) of the contract
      • Realization of the arbitrations, once the PB paid on the fund(s) in euros
      • Free arbitrations carried out
    • Securing capital gains
      • Daily check of the option
      • Choice by the customer of the CPUs on which to set up the option, as well as the corresponding performance threshold for each of them with a minimum of 5%
      • Arbitration only of the capital gain observed
      • Choice by the customer of one or two arrival support(s) in the event of arbitration
      • Free arbitrations carried out
    • Relative stop-loss
      • Daily check of the option
      • Choice by the client of the Units on which to set up the option, as well as the corresponding capital loss threshold for each of them with a minimum of -5%
      • Arbitrage of the entire investment on the UC in the event of a trigger
      • Choice by the customer of one or two arrival support(s) in the event of arbitration
      • Free arbitrations carried out

• Driven management
  • Requirement of a minimum contract outstanding of €1,000
  • Choice by the saver of a management profile among the following 3:
    • Moderate Profile : 35% UC and 65% funds in euros Suravenir Rendement 2
    • Balanced Profile: 50% UC and 50% funds in euros Suravenir Rendement 2
    • Dynamic Profile: 75% UC and 25% funds in euros Suravenir Rendement 2
  • Management of each of these orientations by FIL Gestion (Fidelity)
  • Additional flat-rate billing of 0.20% of the management fees on the contract’s UC
  • Absence of additional invoicing for arbitrations carried out in this context

• Methods of possible accumulation of the proposed management methods:

Range of units of account offered in free management

• Classic units of account:
  • 630 heritage units of account from 110 management companies
    • including 9 funds labeled Recovery
  • 110 management companies
• Real estate supports:
  • 12 REITs with an investment limited to €50,000 per SCPI and without exceeding the threshold of 50% of contract outstandings
  • 7 ICS / SCP with an investment limited to €50,000 per SCI / SCP and without exceeding the threshold of 50% of contract outstandings (threshold lowered to 30% for SC Tangram and SC Pythagore)
  • 9 OPCIs
• Trackers:
• Live titles:
• Private equity funds (unlisted)

Arbitrations

• Minimum amount:
• Billing:

Partial redemption

• Minimum amount:
  • 100 € (with a minimum of €25 per CU)
• Minimum balance at the end of the partial redemption:

Death floor guarantee

• Maximum amount of insurable loss:
• Age limit for taking out the guarantee:
  • 75^th birthday of the insured
• Guarantee coverage age limit:
  • 75^th birthday of the insured
• Annual warranty cost:
  • Billing from 0.15% to 5.15% depending on the capital at risk and the age of the insured

Optional accidental death benefit

• Principle of the guarantee:
  • Payment of a death benefit equal to the surrender value of the contract on the date of accidental death
• Maximum amount of death benefit paid:
• Guarantee coverage age limit:
  • 75^th birthday of the insured
• Annual warranty cost:
  • Invoicing up to 0.14% of the capital constituted

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URL link: https://www.goodvalueformoney.eu/produit/selection-sel0000472-pouvoir-avenir-assurancevie-com-selection-2022-2023

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