About
Discover Generali Obiettivo Rendimento: a hybrid investment product that protects your savings from inflation with a return over 4% and minimal volatility. Invest in a high-quality bond portfolio and general account for secure and sustainable yield.
Innovation presentation
Generali Obiettivo Rendimento is a new hybrid investment solution by Generali Italia that offers a concrete response to the protects savings from inflation with a protection from the market volatility.
It’s a single premium whole life hybrid product that is composed of two periods: the first one from the start (19/02/2024) to June 2030 with a 80% invested in a internal target maturity fund and 20% invested in a General Account.
At maturity of the internal target maturity fund, the full amount will be switched into the flagship Generali general account (Gesav) to preserve capital and lock in the performance accumulated in the first 6 years.
The internal fund is a target maturity fund with a predefined maturity of 6 years, with an high credit quality standing with 100% of investment grade bonds (average rating BBB+) and a good diversification offers by more than 50 issuers. The expected yield to maturity is above 4%.
The remaining 20% is invested in Royal fund, a legacy general account with an interesting return (over 4% at launch).
Uniqueness of the project
The uniqueness of the product are:
Return: offer to our customers a competitive return with limited volatility in the medium term. The innovative piece is that the client knows the yield to maturity of her investment before buying the policy.
Simplicity: a target maturity fund with buy and hold fixed income portfolio combined with a general account can facilitate our network sale agents in understanding and therefore sell the product, while responding to customer needs.
Sustainability: all issuers of the internal fund passes an ESG screening process so that the overall fund is «sustainable» according to Art. 8 SFDR. Hence the product is classified as light green responding to sustainability aware customers.
Possibility of income: the client can activate a plan of automatic partial redemptions of a desired fixed amount to replicate the income features of an actual bond. This amount cannot be higher than 10% of the contract value at the activation date, nor smaller than €1.000.
