What you should know about the Argus Interest Accumulator



JOEL SCHAEFER | 08 OCTOBER 2020

Joel Schaefer, SVP of Argus Wealth Management looks at our Interest Accumulator product and how it has been affected by COVID-19.

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Before watching the video below, the following information will be helpful.

 

What is the Argus Interest Accumulator?

The Argus Interest Accumulator is a Guaranteed Account. The aim of the account is to have complete security of principal. (Principal = the original sum of money invested.) This principal is guaranteed by Argus.

The account earns a set rate of return, whilst protecting the value of your original investment. In this respect, it is very similar to a bank deposit.

 

Who should invest?

The Interest Accumulator allows you a stable return without the worry of price fluctuations. It is suitable investment strategy for customers who are risk adverse and do not want investments options that change in value.

 

Who should consider other options?

Investors who are willing to take on some risk and/or have a long time period until retirement.

 

Other considerations?

If an investment’s return is less than inflation, its purchasing power decreases. (Purchasing power = the amount of goods and services that can be purchased.)

 

DISCLAIMER: The content in this article is for informational purposes only and is not intended to be a substitute for professional medical advice, diagnosis or treatment.