PERSONAL
EDUCATION
PLAN
WHAT IS AN EDUCATION PLAN?

An Education Plan allows you to provide/ accumulate sufficient capital for your child tertiary education)

It offers you financial protection in case of:
 

  • Death
  • Total & Permanent Disability or Waiver of Premium



So if something happens to you, MUA takes over to build up the capital needed to finance your children's education, regardless of the length of time you have been contributing.

CHARACTERISTICS

The minimum monthly contribution is Rs.500

Single or joint cover are possible.

Cash in when child reaches 18 years old until 21 years old. (Cash in anytime between 18 years old -21 years old)

THE BENEFITS OF EDUCATION PLAN

  • Choice between 4 funds, according to your profile.
  • Flexibility:
    - Increase your monthly contribution at your convenience.
    - Lump sum deposit anytime.
  • Child income benefits up to 3 times
  • Monthly premium
    - Automatic Annual Escalation.
    - Loyalty Bonus as from 10th year and subsequent 5 year periods thereafter. (Applicable to Dynamic Fund & Balanced fund).
FUNDS
  • DEFENSIVE
  • BALANCED
  • DYNAMIC
  • INTERNATIONAL
DEFENSIVE

 

INVESTMENT OBJECTIVES

The Fund seeks to earn better returns than the savings rate offered by commercial banks while seeking to preserve capital and limit volatility. The portfolio is invested in a diversified manner in secure financial instruments. The fund may also have a small exposure to local equities to boost the fund's return.


ALLOCATIONS

CALENDAR YEAR
PERFORMANCES
2017 2018 2019 2020 YTD
FUND 6.6% 6.1% 5.7% 6.7% 3.5%
BENCHMARK 6.0% 5.5% 2.6% 0.8% 2.5%
BALANCED

 

INVESTMENT OBJECTIVES

The Fund seeks to achieve medium to long-term capital appreciation with a balanced risk strategy. The value of the portfolio will rise and fall with volatility. The overall exposure of the portfolio is diversified across different asset classes: domestic and foreign equities, fixed income instruments, real estate and secured loan


ALLOCATIONS

CALENDAR YEAR
PERFORMANCES
2017 2018 2019 2020 YTD
FUND 14.5% 3.3% 8.4% 1.8% 13.8%
BENCHMARK 13.1% 1.5% 6.5% -5.4% 11.9%
DYNAMIC

 

INVESTMENT OBJECTIVES

The fund seeks to achieve competitive long-term returns and is suitable for investors with a high tolerance for risk. The value of the portfolio may rise and fall significantly in response to fluctuations in the financial markets. The fund invests in a diversified manner in different asset classes, with an emphasis on local equities and foreign assets. The fund may also invest in fixed income instruments to provide some protection against volatility.


ALLOCATIONS

CALENDAR YEAR
PERFORMANCE
2017 2018 2019 2020 YTD
FUND 15.6% 0.8% 9.9% -5.6% 20.0%
BENCHMARK 17.0% 0.1% 6.2% -10.1% 16.6%
INTERNATIONAL

 

INVESTMENT OBJECTIVES

The fund’s objective is to provide attractive capital appreciation over the long-term. To avoid excessive volatility overtime, the strategy is to hold a mix of foreign assets, with a focus on managed funds invested into diversified equities, fixed income securities and currencies. The Manager follows a philosophy of active asset and geographical allocation, based on its expectation of global economic and market performances.

 

ALLOCATIONS

2017 2018 2019 2020 YTD
FUND 18.6% -6.8% 18.6% 29.0% 9.1%
BENCHMARK 15.3% -0.7% 17.3% 10.8% 7.9%
MUA Life Stages
Choose the right cover for each stage of your life
Monthly Saving
Planner

Would you like to know how much to set aside each month to concretize your project or complete your retirement?


Calculate, the amount of the monthly payments necessary to obtain the desired capital according to the chosen profile.

CONTACT OUR TEAM

FOR MORE INFORMATION

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