Life insurance: Garance once again announces one of the best rates on the market for its Euro fund

In 2024, the mutual will display rates on its euro funds ranging from 3.5% for its life insurance to 4.5% for its PER. Performances which allow it to still place its contracts among the best on the market.

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The years go by and are the same for Garance and its members. The mutual, accustomed to the top of the ranking of euro fund rates for several years, will again be one of the best students of the 2024 vintage. The mutual group in fact announced, this Thursday, January 2, a return net of management fees of 3.5%* on the euro fund of his Garance Epargne life insurance contract. That is to say a performance identical to that of 2023, while the Facts & Figures firm expects, for the entire sector, a drop in the average returns on life insurance contracts in euro funds,e 2.6% to 2.5%.

A cumulative performance of 23.58% over seven years

Over the last seven years, Garance announces that its savings product displays a cumulative performance of 23.58%. And this, without needing to take any risk: the Garance Epargne multi-support contract can in fact be invested 100% in funds in euros, that is to say on investment vehicles which offer you the absolute guarantee of finding your capital. A savings solution just as secure, therefore, as a Livret A, and with higher remuneration – before tax, since the latter currently displays a rate of 3%, which should be reduced to 2.5% on February 1 next.

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Like other mutuals – which have been at the top of the yield charts for several years – Garance has a more diversified euro fund than the rest of the sector, including a larger share of risky assets, potentially more remunerative. With, for example, 27.1% in equities, according to the Good Value for Money site, compared to only 9.2% on average for a classic euro fund. Same strategy for the euro fund of its retirement savings plans (PER Garance Sérénité and Garance Vivacité), which will also display one of the best returns (4.5%*) from the year 2024. Finally, note that all of these contracts are accessible from 100 euros, including, therefore, for savers with small savings.

*Return net of management fees, but before social security contributions and possible taxes