single premium endowment for <= 5 yrs?

[brfish]

Hi guys, I am trying to park some funds for house down payment in ~5 years time. Since the timeline is almost fixed, I can not take too much risk on these. So either bank FD or whatever plan that has short maturity and guaranteed principal.

One plan I have seen is AIA's Wealth Accumulator 2 through DBS, which is 6.9% for 4 years. Anything else you would recommend?

 

[steven168z]

hmm

no risk?

 

[Michael Lin]

Great Eastern Life also got a 5 years Saving plans as well..

 

[steven168z]

Great Eastern Life also got a 5 years Saving plans as well..

better in rate?

 

[limchooc]

Not too bad if you want minimum risk, you can treat this as a 4 yrs FD with interest of 1.68% pa.

Of course not enough to offset inflation but better than let the fund sitting idle for 4 yrs.

 

[SpinFire]

You can consider Tokio Marine too. Had a ~3% annual return for my 5 year endowment policy

 

[endlssorrow]

Hi guys, I am trying to park some funds for house down payment in ~5 years time. Since the timeline is almost fixed, I can not take too much risk on these. So either bank FD or whatever plan that has short maturity and guaranteed principal.

One plan I have seen is AIA's Wealth Accumulator 2 through DBS, which is 6.9% for 4 years. Anything else you would recommend?

i saw it too.. what is the min amount leh? did u ask?

 

[brfish]

i saw it too.. what is the min amount leh? did u ask?

I recall it's 20k. But it's no longer listed on DBS website. Wonder if it is no longer being offered.