The mutual life insurer MIF has just unveiled the 2021 remuneration of its euro fund. Good surprise on a market expected to fall, it is stable compared to 2019 and 2020, 1.70%.
For several years, it has been one of the most competitive euro funds on the market, and therefore one of the most watched. The MIF has just revealed the 2021 performance of its support: 1.70% net of management fees and excluding tax and social security contributions. It is stable compared to 2020 and 2019, and close to market reference rates, since it is the same as that revealed by one of the flagship products, the Afer multi-support contract. It is therefore a good surprise for the clients of the Mutuelle d’Ivry Fraternelle, in a market expected to fall.
Life insurance: all 2021 rates, from best to worst
This performance marks (…) this year the taking into account the inflationary context current situation and the concern to seek to limit its effects on the purchasing power of savings, explains Olivier Sentis, director general of the MIF, in a press release. The insurer has also ensured the stability of its reserves in order to secure future returns: the Provision for Participation in Surpluses (PPE) has been further strengthened to now represent 3.47% of outstanding savings.
This rate of 1.70% concerns all the contracts marketed, mainly online, by the mutualist life insurer: its flagship contract, the Free Future Multi-support Epargne Account, but also the very recent MIF PER Retirement, Reduced Cost Retirement Savings Plan launched last November.
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MIF also released 2021 returns (1) very positive for the discretionary management available for these two contracts:
- Conservative Mandate (30% UA): 4.10%
- Mandate Balanced (50% UA): 6.07%
- Dynamic Mandate (70% UA): 8.22%
- Offensive Mandate (90% UC): 12.06%
Life insurance: the comparison of 2022 contracts
(1) Performance as of 12/31/2021, net of management fees and excluding tax and social security contributions, calculated on the basis of a payment net of payment fees of 1,000 invested in the profile on January 1 of the year concerned .