Private Portfolio

Convenient and efficient investments

Private Portfolio is an endowment life insurance product the enables saving and investing in financial markets according to an investment strategy of your choice. It is a great solution for customers who wish to leave investment decisions to professionals.

  • Investment strategy matched with risk tolerance
  • Professional investment management
  • Flexible contributions
  • Personal income tax refunds
  • Keeping track of savings easily via Internet Banking

Private Portfolio Calculator

Savings period
years
Monthly payment
EUR
Choose strategy
  Positive Scenario Zero rate scenario Negative Scenario
Projected savings value at the end of period EUR EUR EUR
Estimated total tax refund EUR EUR EUR
Projected savings value at the end of period and estimated total tax refund EUR EUR EUR
Total premiums EUR EUR EUR
Estimated annual average earning rates of underlying assets (  Strategy) % % %

You liked the solution? If you are at least 18 years old and you have access to Swedbank internetbank, you can conclude the contract on-line!

All values generated by this calculator are not guaranteed and only serve as an illustrative example generated based on the values entered in the calculator. Please take into account that the value of an investment unit may increase or decrease during the contract lifetime and also the value of the reserve may accordingly increase or decrease in line with the value of the investment unit.

Advantages

  • Investment strategy matched with risk tolerance

    Choose an investment strategy that matches your goals and permissible level of risk.

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  • Professional investment management

    With the Private Portfolio, you won’t need to thing and worry about which assets are best to be invested in or what would be the right time to change the existing assets - our investment specialists will do it for you.

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  • Flexible contributions

    The contract may be set up with regular contributions or a one-off contribution. Additional contributions towards savings may be made during of the contract at any time.

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  • Personal income tax refunds

    In addition to being a great opportunity for investing your spare funds, the Private Portfolio entitles you to annual personal income tax refund of 23% of the amount of contributions which have been made towards savings and do not exceed 10% of your annual gross salary.

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  • Keeping track of savings easily via Internet Banking

    The performance of your investments can be easily tracked via Internet Banking, as well as viewing reports on contributions made, profit generated by savings, cash flow and other transactions.

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Good to know

  • Personal income tax

    Treatment of Private Portfolio contracts is more favourable in respect of personal income tax (“PIT”), which is calculated on income earned from investing capital.

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  • Inheriting

    If a particular beneficiary is named in your contract, then the accrued capital is segregated from the rest of the estate. With the required document submitted, the capital is paid out to the beneficiary within a short period of time. Any person may be named as the beneficiary by the customer.

Choose investment strategy that suits you best

Capital Preservation Strategy
The strategy aims to preserve the value of assets by assuming low risk. 100% of the portfolio assets are invested in fixed-income securities. The portfolio is suited for investors who want to avoid strong investment volatility within one year or over a longer period of time.


Real Value Strategy
The strategy seeks to attain a moderate growth in the value of assets by assuming low risk for the customer. The portfolio assets are mainly invested in debt securities and, to a limited extent, in equity securities. The strategy is suitable for investors with medium investment horizon (at least 3 years) who have little experience with financial markets.


Balanced Strategy
The strategy seeks to protect the value of assets against inflation in medium-term by assuming moderate risk for the customer. The portfolio assets are predominantly invested in equity and fixed-income securities funds. The portfolio is suited for investors who want to make medium-term investments (at least 3-5 years).


Growth strategy
The strategy seeks growth in the value of assets in excess of inflation in medium to long term by assuming high risk for the customer. To achieve the investment goal, the greater part of the fund assets is invested in equity funds. The portfolio is suited for investors who wish to take higher risk and make longer-term investments (at least 6 - 7 years).


Aggressive Growth Strategy
The strategy aims for maximum growth in the value of assets by assuming high risk over a longer period of time. To achieve the investment goal, the fund assets are invested in equity funds and also hedge funds may be used. The portfolio is suited for investors who want to take higher risk to earn maximum profit. The recommended investment horizon is more than 7 years.

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Track the strategies here

Frequently asked questions

  • How often are the strategy’s underlying assets reviewed? How often and on what basis are their changed?

    Changes in the investment structure of strategies are made as necessary, for example, if the financial market situation necessitates any change - the rebalancing of investments or replacement of certain investments. Strategies are managed in line with the terms and conditions set forth in the simplified prospectuses and according to the strategic asset allocation. Investment targets in strategies are selected based on quantitative analysis, measuring historical performances, risk levels, and investment processes.
  • Can I change the selected strategy and what costs will that entail?

    The investment strategy may be changed at any time. To do so, go to your nearest Swedbank branch. Investment strategy can be changed free of charge.
  • What should I do if I want to suspend regular contributions under the contract?

    Regular contributions can be suspended via Internet Banking by opening one’s investment contract. To do so, log on to Internet Banking and go to section “Investments, savings, pensions”, then select “Life insurance” and then go to “My contracts”`. After that, click on the contract number to open the contract. Click on the “Modifications” tab and select the “Change of payments mode” from the pop-up menu. If you suspend regular contributions, you can make one-off contributions to the Private Portfolio at any time and of any amount.
  • Can I terminate the contract and what are the consequences?

    The Private Portfolio contract can be terminated at branches of the bank. In case of termination within first 5 years of the contract’s start date, you will have to pay a fee at the rate of 0.5% of the contract’s cash value. If more than 5 years have passed after you entered into the contract, then no service charge will be applied in case of termination.

The Private Portfolio is unit-linked life insurance contract with accrual of funds. Before entering into the contract, please see the terms and conditions of the contract and the price list on Swedbank’s Internet Banking site. The service provider is Swedbank Life Insurance SE. The charts shown in the description and their explanatory texts are for information only. The figures used do not represent any actual results on financial markets. The insurer is unable to guarantee or predict performance of financial markets.

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