Greenman Q&A
Fund News Subtitle
What Changes is Aviva making in relation to Greenman Investments?
For new investments into the Greenman open fund through SDIO, the minimum investment is increased to €50,000 after liquidity.
Why is Aviva making this change?
We regularly review our investment propositions. As part of our most recent review, we have decided to increase the minimum investment to €50,000.
What does this mean for existing investors in the Greenman Open Fund?
If you are an existing policy holder invested in Greenman, you do not need to do anything and can continue to hold an investment if it is below €50,000.
What does this mean for Quarter 3 pipeline new business?
Where you have already registered a new investment for quarter 3 with Greenman in line with their closing date of 28th September, we will accept any cases below minimum of €50,000, if we receive all of Aviva’s investment requirements by the 22nd of November.
Can I top-up my existing Greenman investment if the current value is less than €50,000?
Yes, subject to your financial Broker’s advice if the investment is deemed suitable for you and the investment top-up amount will increase the total Greenman investment amount to €50,000 or more.
What does this mean for Quarter 4 pipeline new business?
Where a new booking is being made for Greenman in quarter 4 through the Greenman portal (before their booking cut-off date of 20th December) the new minimum investment amount of €50,000 will apply.
Can I still switch into the Greenman Fund?
Yes, where SDIO is available as a fund switch option, you can still switch into Greenman subject to the provision of advice from your Financial Broker and the minimum investment of €50,000 being met.
Is Aviva making other changes to SDIO?
At this time, we are not making any other changes to SDIO or the minimum investment amounts. As with all our products we will continue to review the SDIO offering and the products available through it.
Where can I find out more about the minimum investments applying to SDIO?
We have updated the minimum investment amounts for all account and product types in our marketing literature and the investment instruction form.
Where can I learn more?
Talk to your Account Manager.
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