You’re most likely familiar with traditional certificates of deposit, but you may not have heard of index linked CDs (ICDs).
EverBank MarketSafe CDs offer a safe way to participate in market gains and offer clear advantages compared to directly investing in high risk open markets. After the recent market troubles of the last few years, it is easy to see the benefit and peace of mind that comes from investing in a vehicle that can produce significant gains without ANY risk of loss of principal.
This safety arises from the fact that your initial deposit principal is completely protected with FDIC (Federal Deposit Insurance Corporation) insurance, meaning that your principal deposit is 100% covered and will not be lost irrelevant of market performance or even EverBank’s solvency.
Everbank MarketSafe CDs offer possible earnings on funds which are required to remain static on deposit for a set period of time, which in this case is four years with a minimum deposit of $1,500.
As with a large proportion of all CDs, you will be unable to access the principal that you invest until the peak maturity of the MarketSafe CD. Thus, if you require instant access to your funds at any point during the 4 year course of your MarketSafe CD it will not be a likely possibility unless you are willing to pay a set fee.
One benefit of using this investment option is that there are no account fees, which are often found when investing with other companies and erode profits. Having no account fees enables you to breathe a sigh of financial relief.
You may be wondering how returns are calculated with this type of investment, the MarketSafe CD system bases its return calculations on the point-to-point performance of the DBCR (Deutsch Bank Currency Returns) index. If the DBCR index increases, you will receive a positive payment that is equal to 100% of the performance of the index. On the other hand, if the index decreases you will experience no negative impact on your deposit principal – It will remain completely unscathed. So in essence, your investment is an entirely safe one in terms of your principal being protected, but there is no guarantee that you will make any return.
As for account types, the options that are offered include personal, business and IRAs (Individual Retirement Accounts). This wide range of accounts makes the EverBank MarketSafe CDs available to a significant scope of potential or existing investors.
If you have over $1,500 available for investment, a good level of patience and you are willing to accept the fact that this is not a guaranteed profit-making investment then this could definitely be an option for you to consider.
Make sure to get more information from EverBank about the DBCR index including charts of it’s past performance and it’s currency components.
The deadline for applying for this four year MarketSafe CD investment opportunity is September 16th 2010, with the issue date for the CD being September 28th 2010.
Auto Insurance for $19? 
