KBC Bank Ireland launches new Start2Invest monthly investment service

07/11/16

Customers can build up portfolio from €125 a month.

KBC Bank Ireland has today announced a new investment service its product range which will allow customers to invest a fixed amount each month.

Start2Invest will give customers the opportunity for regularly investing by transferring money by direct debit from a KBC Current account. The fixed amount, which can be as little as €125 a month, will build up your investment portfolio. This compliments the practice so far to invest one off larger lump sum amounts. The fixed amount, which can be as little as €125 a month, will build up your investment portfolio.
 
Patrick Van Loij, Branch Manager, KBC Asset Management Ireland, said: “At KBC Bank Ireland we want customers to be able to invest for their future. With our new Start2Invest product we are making it easier than ever for customers who want to invest, but who may not necessarily have a large sum they can set aside.
“This gives customers greater flexibility to invest at regular intervals, using smaller amounts of money spread over a longer period of time.”

The benefits of KBC Bank’s Start2Invest fund include:

  • No lump sum required to invest - starting from a fixed monthly amount of minimum of only €125
  • Can be set up by standing order from your KBC Current Account
  • Monthly investment plan – without a fixed term and binding conditions
  • Free selection from all KBC investment funds on offer according to the risk profile of investors
  • No extra costs – regular fees and charges of KBC investment funds apply

 
Mr Van Loij said: “Another exciting addition to the KBC investment offering is the new November tranche of Privileged Portfolio PRO.These funds will appeal to those continuing to seek investment options in a low interest environment, and who want to accumulate and manage their capital through a diversified investment portfolio.

“These funds have a strong track record since they were launched globally in 2006.
“KBC Bank offers a range of investment options to suit each customer’s goal and personal risk profile. We also want our customers to understand their investment priorities and make appropriate and informed investment choices that could optimise the return on their investment in an ever-changing market place, so our investment specialists are ready to help.”

Customers can buy into the Privileged Portfolio PRO funds for €10,000 and the funds are managed locally in Dublin by KBC Fund Management.

KBC’s fund managers use their expertise to invest the assets in the best possible way, while floor monitoring offers protection during drops in the markets, as experienced post-Brexit. Floor monitoring works by linking an actively managed portfolio to a management model that sets out to keep the value of the investment above a particular floor price at all times.

To make enquiries in advance, or set up a meeting with a KBC Investment Specialist, call 1800 51 52 53, visit kbc.ie or any hub.