Savings for Child's Future

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.

For your child’s better future, start saving today.

Research “Financial Behaviour of Estonian Students” was conducted by the market research company Spinter Research in August 2020.

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.

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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 equity, Mid-term Bonds, Short-term Bonds) according to the price list.

This scenario reflects a moderately positive investment performance, one comparable to historic averages in the respective markets. The calculations for this scenario are based on the level of the average historical returns of the indices representing similar assets:

for equity index MSCI World Index annual return of +5.93% (period from 19.09.2000 till 16.09.2020);
for medium-term bonds index EuroAgg Corporate 5-7 Year annual return of +5.51% (period from 19.09.2000 till 16.09.2020);
for short-term bonds index Eurozone government bonds 1-3 years annual return of +1.46% (period from 19.09.2000 till 16.09.2020).

Source: Bloomberg.

Please note that past performance is not a guarantee for future returns, the investments value may rise or fall in the future.

Zero rate scenario

This scenario reflects the value of savings in case there is zero return from all the investments in the contract throughout its lifetime.

Money will be invested into 3 asset classes (global equity, mid-term bonds, short-term bonds) according to the price list.

Please note that past performance is not a guarantee for future returns, the investments value may rise or fall in the future.

Negative scenario

Money will be invested into 3 asset classes (global equity, mid-term bonds, short-term bonds) according to the price list.

This is a pessimistic scenario assuming steep falls in the markets concerned. However, in this contract your funds are protected from large market downturns, as the amount to be paid at the end of the contract cannot be less than the guaranteed amount.

The calculations for this scenario are based on the average historical returns of the indices representing similar assets:

The worst 5 year period return for the MSCI World Index was -6,09% annually, while the worst 10 year period return was -3,89% annually (period from 19.09.2000 till 16.09.2020).
The worst 5 year period return for the mid-term bond index EuroAgg Corporate 5-7 Year was -0,06% annually and the worst 10 year period was -2,01% annually (period from 19.09.2000 till 16.09.2020).
The worst 5 year period return for the short-term bonds index Eurozone government bonds 1-3 years was -0,08% annually and the worst 10 year period was -0,14% annually (period from 19.09.2000 till 16.09.2020).

Source: Bloomberg.

The calculations of this scenario are based on the worst 10-year-period average returns.

Please note that past performance is not a guarantee for future returns, the investments value may rise or fall in the future.

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

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.

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.

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;
savings are covered by a guaranteed amount at the end of the savings period;
financial safety for your child - your life will be insured;
discount for your child’s good academic performance;
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.

College fund+ is a unit-linked life insurance contract. Prior to entry into the contract, please examine the terms and conditions of the contract, the price list and the short prospectus at the homepage www.swedbank.ee. The list of investment related risks is specified in the short prospectus. The service provider is Swedbank Life Insurance SE.

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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Equities
A fund that invests in global shares.
Medium-term bonds
A fund that invests in 5- to 7-year bonds of the eurozone.
Short-term bonds
A fund that invests in 1- to 3-year bonds of the eurozone.

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.

Manage savings contract in your internet bank:

change regular contributions (increase, decrease, suspend, start again regular contributions);
pay additional amount.

Please visit Swedbank branch or call to Consultation Centre in the following cases:

If you want to terminate contract, it can be done at the branches of the bank or via internet bank having previously called the Consultation Centre. Before you do that please 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 have gain profit then the income tax is automatically withheld.
- The guaranteed-amount condition will not be valid.
Indemnity payout out at the contract maturity. The person for whom the savings were created should submit an application for indemnity pay-out in the internet bank or in any Swedbank branch.

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

The only saving option that allows you to get a tax rebate on your contributions.

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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Savings for Child's Future

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:

Manage savings contract in your internet bank:

Please visit Swedbank branch or call to Consultation Centre in the following cases:

Investment Helpline

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