Income Bond
If you require an Income from your savings, the Sheffield Mutual Income Bond allows you to withdraw between 2% and 5% of your initial capital investment each year without any immediate tax liability.
Depending on the level of income you take and our investment performance, there may also be the potential for some capital growth as your lump sum is invested in our With Profit Fund. This fund is made up of four main asset classes to help reduce investment risk (these are Fixed Income, Equities, Property and Cash).
The minimum investment is £10,000 with a maximum in any one year (January to December) of £50,000 and income can be paid monthly, quarterly, half-yearly or annually.
Download our Income Bond Brochure (1.5 MB)
More detailed information is available in the brochure linked above. For further details, or to make an application, please click the following link:
