APS Bank has expanded its Kapital Plus suite with the introduction of a new product – APS Kapital Plus 21 (KP21). This 5-year fixed term Structured Deposit is tailored for investors seeking stable returns and capital protection.
KP21 offers a fixed interest rate of 1.45% (gross) paid annually, for the first four years. On the fifth year, investors may benefit from an additional bonus linked to the performance of the APS Ethical Cautious Fund (Class C Accumulator Share Class). The fixed interest and the full return of capital upon maturity are both guaranteed.
KP21 is denominated in euro, with a minimum deposit of €5,000 and comes with no initial or annual charges.
Josef Portelli, Managing Director at ReAPS Asset Management and Head of Investment Management at APS Bank, said: “With APS Kapital Plus 21, we continued to support investors who value stability over volatility. It’s a simple way to earn a steady income with the added benefit of a potential bonus. Given that the potential bonus is linked to one of our in-house funds, investors could enjoy an indirect, albeit limited, participation in the performance of our fund without risking their principal”.
APS Kapital Plus 21 is available from all APS Bank branches. Additional information on the KP21, including the Term Sheet and Key Information Document, is available at apsbank.com.mt/kapital-plus-21.
Approved and issued by APS Bank plc, APS Centre, Tower Street, Birkirkara BKR 4012. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. APS Bank plc is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018. Terms and conditions apply and are available on apsbank.com.mt/kapital-plus-21.
This information shall not be deemed as investment, tax, or any other form of professional advice. You should consult your independent legal, investment or other advisors to ensure that any decision you make is suitable for you with regards to your specific circumstances and financial situation. The Bonus linked to the performance of the Underlying Instrument is not guaranteed. The income you get from this investment may go down as well as up and past performance is not a guarantee to future performance. The Account Holder is not allowed to cancel or withdraw (partial or full) the Principal Amount before the Account Maturity Date and as such is not repayable on demand. Distribution is restricted in or into Malta.
