A Guide To Institutional Investments

Institutional Investments are one of the premium offerings of the Mutual of Omaha for over 50 years; they have been providing a solid foundation for funds and the 401(k) plans.

The institutional investment products guarantee both principal and high returns in the form of interest upon maturity. Some of the products under this form of investment include:

Fixed Rate GIC

The Fixed Rate GIC offers surety on the principal amounts and provides protection against the volatility of interest rate, thus ensuring a predictable and high return. The GIC also authorizes all movements of money for employees in the fund as given by the 401(k) plans.

The rates of return are fixed till maturity. This product is specifically designed for plan – holders under the sections 401(a) and the collection of 401(k) plans. The funds deposited here are held as the part of the United of Omaha Life Insurance Company General Asset Account.

Variable Rate GIC

The funds offered by the Variable Rate GIC are stable and they guarantee the return on principal with interest. It authorizes transfers and withdrawals for employees holding the 401(k) or 457 plans.

The interest rate is varied either monthly or quarterly according to the London Interbank Offered Rate, plus a basis point spread which is specified during the purchase.

The contract holder can choose to terminate the contract for whatsoever reason with a notice period of 30 or 90 days prior to the last day of the period of interest. The funds deposited are held as a part of the United of Omaha Life Insurance Company General Asset Account.

Funding Agreement

A funding agreement may be a fixed, conservative or a variable designed for investors who are looking for a flow of income in a steady manner. It is similar to the GIC and may be issued to the qualified investors of institutions.

The funding agreement provides a decided investment term with competitive interest rates which may be fixed or variable based on the London Interbank Offered Rate. Also, it is added to the base point spread which is specified during the purchase.

The contract holder can choose to terminate the contract for whatsoever reason with a notice period of 30 or 90 days prior to the last day of the period of interest. The funds deposited are held as a part of the United of Omaha Life Insurance Company General Asset Account.

The institutional investments have been designed to offer investment options with guaranteed returns that can build the base for the company / individual to grow steadily without constraints of finance.

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