Life insurance: Corum announces a monster rate close to 5% for its euro fund in 2024

With a return of 4.65% for its Euro fund in 2024, Corum offers the best interest rate among guaranteed capital supports for life insurance contracts.

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One year after revealing the best return served on a euro fund – 4.45%* at an annualized rate – the group specializing in savings Corum is doing it again, by announcing this Tuesday, January 14 a rate of 4.65%* distributed in 2024. Which should place Corum quite significantly at the top of the ranking of returns over the past financial year. A significant performance in a market which should see the average performance served decline slightly compared to 2023. Indeed, according to the firm Facts & Figures, the average return on funds in euros is expected at 2.50% in 2024 – compared to 2 .60% in 2023 -, with, for the best students, rates around 4%.

In a sector in decline on the performance front, the Corum group benefited from the youth of its euro fund, Corum EuroLife, launched in July 2023, at a time when the yields on bonds – assets which mainly fill the guaranteed capital supports – were at their highest, due to rate increases decided by Central Banks to fight inflation.

A diversified euro fund with its own real estate and bond funds

A period now over since the European Central Bank (ECB) has, since June 6, 2024, initiated a cycle of lowering its rates, making bonds less and less attractive. To cope with this, the group has focused on other assets within its euro fund: high-yield bond funds and real estate funds that the management company also markets. “The core of the Euro fund, at 70%, remains composed of government or top-rated corporate bonds (investment grade), and we are also diversified with high-yield corporate bonds and real estate investment companies (SCPI) of the Corum group”detailed Olivier de Parcevaux, bond specialist of the Corum group.

*Return net of management fees, but before any taxes.