College fund+

Do you know how much it costs for you child to start their independent life?

On average, university students spend €541 per month on living expenses.
More than half of students rely on financial support from their parents or other relatives.
40% of students have experienced shortage of money.

New! Anti-Bullying service* - designed to provide support for parents and their children in the case of a bullying event.

* Service provided by Foundation Fonds PLECS

Minimum contract period should be 5 years.

Add single payment

You can always contribute with separate single payments, e. g. by transferring some savings into College fund+ at the start of the agreement.

Remove single payment

You can always contribute with separate single payments, e. g. by transferring some savings into College fund+ at the start of the agreement.

€

Check your predicted investment return calculation by clicking on each of the different market scenarios
All values generated by this calculator are not guaranteed and only serve as an illustrative example generated based on the values entered into the calculator. We would like to draw your attention to the fact that the value of the contract's underlying assets may increase or decrease during the contract lifetime and also the value of the reserve may accordingly increase or decrease in line with the value of the contract's underlying assets.

The calculator uses indicators and calculating logic (planned amount of insurance payment, length of collection period, expected yield and its scenarios) that differ significantly from the requirements set for main information of combined retail and insurance-based investment products. In making a choice regarding an insurance product please review the results of the forecasts set out in the yield scenario table under ‘What are the risks and what could I get in return?’ in the Key Information document.

Positive scenario

Money will be invested into 3 asset classes (Global Equities, Mid-term Bonds, Short-term Bonds) according to the Investment Structure.

This scenario reflects a positive scenario for investment performance based on the historically observed returns of the indexes representing similar assets over the period from 01.01.2012 - 31.12.2021:

Global Equities: MSCI All Country World Index annual return of +11%;
Medium-term Bonds: Bloomberg Euro-Aggregate Index annual return of +4.5%;
Short-term Bonds: Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 annual return of +1.4%.

As the basis for calculating of the investment performance the historically observed returns of the mentioned period were grouped by 5 years.

Then investment return used in this scenario was determined by selecting the one of the higher historically observed returns (data on the 90th percentile) over the 5 years holding period.

According to statistics, this or higher return was historically observed in only 10% cases.

Moderate scenario

Money will be invested into 3 asset classes (Global equities, Mid-term Bonds, Short-term Bonds) according to the Investment Structure.

This scenario reflects a moderate scenario for investment performance based on the historically observed returns of the indexes representing similar assets over the period from 01.01.2012 - 31.12.2021:

Global Equities: MSCI All Country World Index annual return of +9.1%;
Medium-term Bonds: Bloomberg Euro-Aggregate Index annual return of +3%;
Short-term Bonds: Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 annual return of +0,3%.

As the basis for calculating of the investment performance the historically observed returns of the mentioned period were grouped by 5 years.

Then investment return used in this scenario was determined by selecting the median of historically observed returns (data on the 50th percentile) over the 5 years holding period.

According to statistics, this or higher return was historically observed in 50% cases.

Negative scenario

Money will be invested into 3 asset classes (Global equities, Mid-term Bonds, Short-term Bonds) according to the Investment Structure.

This scenario reflects a negative scenario for investment performance based on the historically observed returns of the indexes representing similar assets over the period from 01.01.2012 - 31.12.2021:

Global Equities: MSCI All Country World Index annual return of -1.8%;
Medium-term Bonds:Bloomberg Euro-Aggregate Index annual return of +1.1%;
Short-term Bonds: Markit iBoxx EUR Eurozone (DE ES FR IT NL) 1-3 annual return of -0,2%.

As the basis for calculating of the investment performance the historically observed returns of the mentioned period were grouped by 5 years.

Then investment return used in this scenario was determined by selecting the lowest of historically observed returns over the 5 years holding period.

Predicted pay-out Predicted amount that would be paid-out to you at the end of the contract. It is shown already net of contract fees.
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Sum of monthly payments Estimated total sum of monthly payments to be paid into the agreement during its term.
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Predicted guaranteed amount Guaranteed amount becomes important should investment yield be negative by the contract maturity. This gives the protection that the pay-out at contract maturity will not be lower than the guaranteed amount, regardless of how investments perform. The guaranteed amount at contract maturity is equal to total amount of payments paid into contract minus contract fees. If the contract is cancelled prior to maturity, the guaranteed amount is no longer applicable.
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Schedule of payment and fees

All values generated by this calculator are not guaranteed and only serve as an illustrative example generated based on the values entered into the calculator. College fund+ is a unit-linked life insurance service which means that the savings reserve depends on the value of its underlying assets, which in turn can either increase or decrease over time.
In case if the return on investment is negative upon expiry of the agreement, you will receive the guaranteed amount, i.e. the sum of your payments less the agreement fee. Prior to entry into the contract, please examine the key information document, the terms and conditions of the contract and the price list at the homepage www.swedbank.ee. The service provider is Swedbank Life Insurance SE.

Positive scenario

Contract year	Total amount of payments	Risk fee Risk fee is the fee for insurance protection - insurer's promise to proceed saving instead of you, in case of your death. It depends directly on agreed monthly premium amount which is calculated according to price list.	Other fees Management fee is used for management of your contract's life cycle investment portfolio and guarantee fee to protect your contract against negative investment results. It is calculated according to price list.	Estimated amount of savings The estimated (prognosed) value of savings at the end of the year, calculated with estimated interest rates and payments you have defined above. Actual value of saving depends on actual investment performance of assets. Investment performance is not guaranteed as it depends on underlying assets earnings from financial markets during contract period. It is shown already net of contract fees.

You should think of saving for your child’s future if you wish to make it easier for your child to get a great education or start an independent life.

College fund+ provides the possibility to create meaningful savings for your child by way of regular contributions at a sum that you have selected.

You can earn additional income when your investment grows.

College fund+ is suitable for you if you:

are planning on saving money for more than 5 years;
wish to save a desired amount by making periodic payments until the child turns 18 to 21 years old;
are the child's mother, father or other close person – e.g. godparent, aunt or uncle, and you are up to 55 years old.

College fund+ is a good saving solution:

you can start saving money for child and we will take care of the investments;
investment strategy to earn and to protect;
At the beginning of the agreement investments are more active, to give possibility to earn more.

Then, according to time remaining until the end of the contract, investments automatically will be adjusted to safer ones, providing more security for the accumulated amount.
savings are covered by a guaranteed amount at the end of the savings period; This means that, in case if the return on investment is negative upon expiry of the agreement, you will receive the guaranteed amount, i.e. the sum of your payments less the agreement fee. It is important to note that the guarantee does not apply in case of termination of the agreement prior to the end of the savings period.
financial safety for your child - your life will be insured;
In the event of your death the remaining amount will be paid for you to this contract by Swedbank Life Insurance SE.

The sum of the remaining payments will be calculated as follows: the monthly insurance payment (maximum EUR 100) multiplied by the number of full months remaining until the end of the term.
discount for your child’s good academic performance;
- If your child's marks are all 'excellent' on their final school report for the year (or even if there’s one 'very good' among them), bring the report to your nearest Swedbank office together with your contract number or e-mail them to us at elukindlustus@swedbank.ee.
- You'll get 25% off the contract management fee.
- This discount is valid from the date of submission of the school report until 31 July the following year.
- Note: Grades for behaviour and diligence are taken into account, too.
payments to College fund+ are flexible and you can choose the amount what is suitable for you;
additional payments to the College fund+ can also be made by others, for example relatives. Download the gift certificate and see how to make a payment;
you can manage and monitor your contract in your internet bank.

We will invest your College fund+ contributions in securities, the choice of which is fixed and changes depending on how far off the maturity date is.

At the start of the contract we will invest more in equity funds, which allow us to earn higher returns. The prices of equity fund units may fluctuate considerably and this must be taken into account.
As the maturity date draws closer, we will invest more in bond funds, which are less risky than equities and have more stable prices. This allows us to balance out the investment risks with regard to the sum already accrued.

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Global equities – asset class is predominantly composed of developed market equity instruments, but also incorporates emerging market equity instruments.
Mid-term bonds – asset class is composed of investment grade Eurozone sovereign and global corporate debt instruments issued in EUR (with average maturity up to 10 years).
Short-term bonds – asset class is composed of Eurozone sovereign debt instruments issued in EUR (with average maturity up to 3 years).

More about funds and results

Log in the internet bank and calculate what is the monthly amount you would like to contribute.
Check if College Fund+ is suitable for you by filling investment profile questionnaire.
Start concluding College Fund+ agreement.
Verify and confirm the data entered.
Monthly contributions will be made automatically, using the e-invoices solution.

If you have questions about concluding the agreement online, please call us on 613 1606. Our Consultation Centre‘s specialists will be happy to assist and advise you.

You can manage or terminate savings contract in your internet bank.

Change regular contributions (increase, decrease, suspend, start again regular contributions);
Pay additional amount.

Before terminating your contract take into account, that:

If the contract hasn’t been in force for at least 5 years, you will have to pay a fee according to the Price list.
If the contract has gain profit then the income tax is automatically withheld.
The guaranteed-amount condition will not be valid.

The person for whom the savings were created should submit an application for indemnity payout in the internet bank or in any Swedbank branch.

Anti-Bullying service - designed to provide support for parents and their children in case of a bullying event that has happened in or outside school or on digital platforms.
The Anti-Bullying service is provided by the foundation Fonds Plecs with local partners and is available to costumers who have concluded the insurance contract types specified here for children living in the same household.

Conflicts between children or adolescents can happen. However, certain types of abusive relationships between children are called bullying and can result in greater stress, mental health problems and worse future prospects. Sometimes bullying can even endanger child’s health or life.

The service provides personalised support aimed at strengthening children’s conflict resolution skills and mental self-regulation in case of a bullying event.

Swedbank is committed to support United Nations Sustainable Development Goals. Anti-Bullying service may contribute to the following of these goals – Good health and well-being, Quality education and Peace, Justice and Strong institutions.

The service is available for both families and children who are experiencing bullying and families whose child is the offender in cases where parents are willing to solve their children´s offensive behaviour.
Available for children aged 6-17.
The service does not affect your insurance contract in any way (insurance premiums, risk assessment, fees, etc.).
Find out more about what is the Anti-Bullying service here.

Parents get an assessment of whether the incident is bullying or a conflict.
Specific steps for parents to take immediately.
Individualised specialist support.
Practical tips if not bullying.
Quick response in critical cases.
Service expenses are covered.

Before applying for the service make sure that:

your insurance contract and insurance covers are valid when bullying has happened;
last incident has happened no more than 3 months ago.

Report here. There you have to:

register yourself and children;
provide case* details about bullying.

*Assessment of the case will be handled by Fonds Plecs.

By choosing Swedbank you make sure your money is invested into companies that care about fair wages, gender equality, climate change mitigation, responsible consumption and production. The integration of sustainability risks into investment-decision processes is critical to for a greater chance of a long-term return on investments.

Support sustainable business with your child savings

When money is invested in sustainable companies, it contributes to social and environmental well-being and responsible business.

Click on different areas to find out the impact.

Source: World Federation of Exchanges

Environment

CO₂ Emissions
Energy usage
Natural resource usage
Waste and pollution
Climate change mitigation

Social

Employee health & well-being
Human rights
Gender equality
Non-Discrimination
Fair pay

Governance

Business ethics
Transparency
Anti-corruption
Reporting
Responsible suppliers

Investors are actively directing money to sustainable funds.

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Source: International Institute for Sustainable Developments

Child savings promote E/S characteristics by investing in companies which help to attain the UN Sustainable Development Goals, refraining from investing in harmful industries or in companies which breaches of international norms.
For more information on the sustainability characteristics of this product, please refer to the Sustainability-related disclosures.

Statement on principal adverse impacts of investment decisions on sustainability factors

For information on how principal adverse impacts of investment decisions on sustainability factors are considered by Swedbank Life Insurance SE, please refer to the Statement on principal adverse impacts of investment decisions on sustainability factors.

You can also save for child by investing on a securities account

On your own account

When aiming to collect money for college or down payment for child’s first home, it is easiest to use your own accounts or perhaps open a separate securities account.

Open new securities account

On child’s account, as a surprise

As a parent, you can open a securities account even for a newborn child, and make investments so that child doesn’t even know about it, until the age of 18. This opens your child more opportunities when becoming independent.

Open new securities account for child

For you child, with your child

In case you want to teach children savings habits and about investing, you can do it together. Child can see securities and be given rights to make transactions by herself from the age of 7.

Open new securities account for child

Before you start

Child needs to be a customer first. Open an account for child
To start investing, we will open a securities account and an accompanying new current account.
Securities must be bought via the servicing current account.
Both accounts can be seen and used in parent’s internet bank.
Child can be given the rights to see the accounts. Or they may remain hidden.
Starting form age of 7 you can grant rights to the child to make transactions on her own.

Money for buying securities most come from the parent.
Transferring money away from child’s account, is limited by laws
Child’s securities account may be used under the investment account system but this requires full knowledge of the taxation details
Profits from child’s securities account must be declared in tax declaration.
At the age of 18, control over the accounts moves to her, automatically

Easy saver helps your savings grow in small but smart steps, seamlessly.

All investment possibilities can be used to save money for children. Start by opening a securities account!

Life insurance is important if there are people in your life who depend on your income.

Investment Helpline

+ 372 613 1606 (Mon-Fri 9.00–17.00)
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College fund+

Do you know how much it costs for you child to start their independent life?

Positive scenario

College fund+ is suitable for you if you:

College fund+ is a good saving solution:

You can manage or terminate savings contract in your internet bank.

Before terminating your contract take into account, that:

Support sustainable business with your child savings

Environment

Social

Governance

Statement on principal adverse impacts of investment decisions on sustainability factors

You can also save for child by investing on a securities account

Before you start

Investment Helpline

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