Product Profile of the Month

July 2010

Product Provider - AEGON Ireland plc ("AEGON")

Product Name - Protected Growth 2 Fund
Single or Regular Premium - Regular Premium offered via "Wealth Management Portfolio", "Wealth Planning Account" and "Flexible Investment Plan"
Target Audience - The product is aimed at high net worth individuals, with appetite for capital protection on an open-ended basis
Jurisdiction - Ireland
Website: www.aegon.ie

Product Description*:
The Protected Growth 2 Fund gives exposure to the FTSE All-Share Index, one of the most recognised UK indices among UK investors, (by investing in a tracker fund managed by BlackRock) and cash (by investing in bank deposits with Barclays Bank plc). How much it invests in each depends on market movements and the allocation is determined by a set formula. If the markets are doing well, the fund invests more of your money in equities — giving you more opportunity to take advantage of the increases. When markets fall, the fund invests more in cash.

Why the fund may be a good choice for you
In brief, because it offers exposure to some of the upside of share investment returns but limits the downside potential by providing an ongoing defined level of protection:

• It offers exposure to the UK's equity market by investing in a FTSE All-Share tracker fund.
• A maximum of 70% of the fund's assets are exposed to equities. So you can take advantage of increases in the tracker fund when markets are doing well, but won't be as exposed to decreases when markets fall
• It has a below average risk rating* relative to all the other funds within the AEGON range.
• It offers ongoing protection of at least 80% of the highest-ever unit price — giving you peace of mind.
• It offers a different investment approach compared to many other funds, as the formula used to decide on asset allocation depends on market movements, rather than manager discretion.
• You know where you are — you can monitor the unit price and the protected unit price on a daily basis.
• It offers unlimited accessibility as you can invest as much as you want in it, and make withdrawals from it, on an ad hoc or regular basis.

*The risk rating for each of AEGON's funds is based on its risk relative to other funds in their full fund range. It's not its risk compared against industry benchmarks.

For further information please contact your Independent Financial Adviser. Alternatively, visit AEGON's website – www.aegon.ie