Investing via regular deposits
Star Fund offers potentially higher returns than other pension savings plans but your capital is not guaranteed. There are fees as well as potential taxes associated with this pension savings fund. However, you may also be eligible for a tax reduction on what you save each year.
*These funds are classed as “Undertakings for Collective Investment” (or UCI). A UCI groups together the money deposited in a fund by all investors and invests this total amount in a mix of shares and bonds. The term “fund” therefore includes both variable capital and fixed capital investment companies and mutual funds as well as their sub-funds.