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FINANCIAL GLOSSARY

Market-linked unit

A life-insurance or retirement-plan investment whose value follows markets.

Definition

A life-insurance or retirement-plan investment whose value follows markets.

Why this concept matters

It gives access to more varied assets with potentially higher returns.

What to watch

The number of units is guaranteed, not their value: losses are possible.

Simple example

A property or equity-linked unit changes with its underlying market.

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