This means for an investor who paid a single premium of £100,000 into the offshore bond in 2002, their investment would now be worth £235,699.
The cumulative investment return on the euro denominated tranche of the bond has been 4.0% year-on-year since its launch, giving an investor who paid in €150,000 14 years ago, a pot worth €246,742.
The US dollar tranche, which was launched 13 years ago, is up 4.6% year-over-year up to 2016 giving an investor who paid in a premium of $150,000 at the start, an investment worth $255,825.
The IPB is a medium to long term investment offered through a life assurance plan offering the tax advantages of a Dublin-based bond combined with a range of unit-linked investment funds.
Bonus pot
Prudential released the figures as it announced that it was adding £2bn ($2.8bn, €2.55bn) to its with-profits policy values for 2015.
Aki Hussain, chief financial officer at Prudential UK & Europe, said: “We have been able to deliver competitive annualised returns for our customers, in spite of the combined pressures of volatile market conditions and persistently low UK interest rates.”
Prudential’s With-Profits Fund has delivered a cumulative investment return of 80.8% over 10 years, compared with the FTSE-All Share (total return) index return of 71.8% over the same period.
The Pru said policyholders in the With-Profits Fund typically see year-on-year increases of between 2% and 4% in their accumulating with profits policy values.
It said this underlined the consistency of the fund management approach and the effect of smoothing on policy values which has reduced the full impact of the difficult global market conditions in 2015.
