Over 400 investment alternatives

Funds, investment baskets and a selection of ETFs.

Minimum investment just 10 euros

You can also save monthly in ETFs. No maximum investment.

50% off for investors under 30

Discounted management fee for savings under 100,000 euros.

What is a capital redemption contract?

Nordea Capital as well as all product material and customer service related to Nordea Capital is offered only in Finnish or Swedish. The contractual language used is either Finnish or Swedish, and the purpose of the information provided on this website is only to give a general overview of Nordea Capital.

Nordea Capital is a flexible unit-linked insurance policy intended for growing your wealth in the long term. It’s suitable for budding and experienced investors alike as well as for saving for your child. A capital redemption contract has no insured person or beneficiaries.

Benefits of Nordea Capital:

  • Manage your investments easily under one contract.
  • Select one or more investments from a selection of nearly 400 investment funds, more than 40 investment baskets and 25 ETFs.
  • Switch investments under the contract tax-free.
  • You only pay taxes on the profit when you withdraw money from the contract.
  • Take full advantage of the effect of compounding.

Why should you choose a capital redemption contract with us?

  • Affordable costs: Switch investments free of charge, except for ETFs, for which the brokerage fees stated in our tariff will be charged.
  • Competitive management fee: 0.40% for savings up to 100,000 euros and 0.10% for any amount exceeding 100,000 euros.
  • Discount for young investors: Under 30-year-olds get 50% off the management fees for savings up to 100,000 euros.
  • Flexibility: Get started with just 10 euros. No maximum investment. It’s also possible to save monthly in ETFs.
  • Adapts to your circumstances: Adjust your monthly contribution, make additional investments or withdraw funds when you need to.
  • Easy to manage: Make changes to your unit-linked insurance policy online.
  1. If you don’t need investment advice before signing a Nordea Capital contract, you can do it through Nordea Mobile or Netbank.
  2. Select your risk profile from the four options under our Globe Basket or Granite Portfolio. 
  3. Once you have signed the contract, you can freely add and switch investments from our wide range of investment alternatives.

Sign a contract effortlessly online

  1. If you don’t need investment advice before signing a Nordea Capital contract, you can do it through Nordea Mobile or Netbank.
  2. Select your risk profile from the four options under our Globe Basket or Granite Portfolio. 
  3. Once you have signed the contract, you can freely add and switch investments from our wide range of investment alternatives.
  • Our specialists are here to help if you want a personal recommendation on the amounts you should invest and the alternatives you should invest in.
  • In our investment meeting, we’ll prepare a tailored investment plan or proposal together with you.
  • We offer investment advice free of charge and with no obligations.

Meet with us to sign a contract

  • Our specialists are here to help if you want a personal recommendation on the amounts you should invest and the alternatives you should invest in.
  • In our investment meeting, we’ll prepare a tailored investment plan or proposal together with you.
  • We offer investment advice free of charge and with no obligations.
  • You can sign a capital redemption contract for a child with each guardian’s consent if the child has an account with Nordea.
  • Read our instructions and book a meeting with us – our specialist will help you get started with a Nordea Capital contract.

Get a capital redemption contract for a child

  • You can sign a capital redemption contract for a child with each guardian’s consent if the child has an account with Nordea.
  • Read our instructions and book a meeting with us – our specialist will help you get started with a Nordea Capital contract.

Are you interested in inheritance planning?

Endowment insurance is a flexible solution for long-term saving and investing and for passing on your wealth to your next of kin.

Discover Nordea Vision endowment insurance

Investment alternatives

Find investments that match your goals and risk tolerance in our wide selection. You can diversify your investments across various funds, investment baskets and ETFs. If the market is volatile, you can protect your investments by transferring them to an Insurance Account.

Investment baskets

More than 40 investment baskets offer a variety of options, such as:

Granite Portfolios: Broadly diversified and actively managed, and their risk-return ratio is enhanced through Nordea’s investments in real estate.

Globe Baskets: Promote environmental or social characteristics, offering excellent diversification across asset classes and great value for money.

Our online service has more information about all the investment baskets we offer (in Finnish).

The investment baskets are a mix of investments created by the insurance company. You can only invest in them through unit-linked insurance. The investment baskets have separate rules and they are composed of several different instruments, including investment funds, equities, government bonds and corporate bonds.

Investment funds

Choose the best funds for you from our selection of nearly 400 investment funds. We trust that you will find funds that match your goals and risk tolerance. In our online service, you can read more about the funds that can be included in unit-linked insurance policies (in Finnish).

ETFs

You can choose from 25 exchange-traded funds (ETFs). Through unit-linked insurance, you can also conclude an agreement on monthly saving in ETFs, and you don’t need to worry about any minimum investment amounts. In our online service, you can read more about the ETFs that can be included in unit-linked insurance policies (in Finnish).

Equity Baskets

You can choose from 14 companies listed on the Nasdaq OMX Helsinki exchange, which you can use to build your personal equity portfolio. Every Equity Basket added to your contract will consist of the shares of one listed company, and the basket’s performance will track the total return on the share in question. See the entire range of investment baskets in the Investment Basket Values service (in Finnish).

Insurance Account

The low-risk Insurance Account is particularly useful as a temporary place to park your money while searching for a new investment or waiting for market volatility to subside. Currently, the yield paid on an Insurance Account consists of the 1-week Euribor rate minus costs of 0.4%.

Nordea Capital for a child

Nordea Capital is a good choice for setting money aside for a child, because its benefits are best realised in the long term. By setting funds aside regularly you can build up a nice nest egg for your child’s future needs. 

  • As your child grows and the world changes, you can switch investments within the contract without any tax consequences. 
  • Changes in investment assets do not need to be declared on the child’s tax return, and tax will not be assessed until funds are withdrawn from the policy for the child to use.
  • Changes to the policy can be made easily online. 
  • Children and young adults get a 50% discount on Nordea Capital management fees for savings up to 100,000 euros. This discounted price is valid until you turn 30.

Gift of money to a child

A gift of money is an excellent birthday present, and a well-invested gift will continue to bring joy in the long term.

You can pay funds into a Nordea Capital contract with a simple bank transfer. The new funds will be automatically allocated according to the existing investment plan; all you need to do is to add the funds. 

Godparents, grandparents and other family members can easily donate their gifts to a Nordea Capital contract with the bank details you provide.

Read more about setting up savings for a child.Opens new window

Nordea Capital for companies

A capital redemption contract is a good long-term saving and investment solution for our corporate customers, too. Read more about the Nordea Capital Corporate contract tailored to companies and associations.

Fees for the Nordea Capital contract

Valid as of 27 January 2025 until further notice
ChargesPrice
Management fee

An annual management fee of 0.40% is charged on unit-linked savings of EUR 100,000 or less, the management fee exceeding this amount being 0.10%.  The annual management fee charged on savings made by customers who are under 30 years old is 0.2% up to 100,000 euros and 0.1% for amounts exceeding that.

The insurance company is entitled to raise the management fee to one per cent maximum.

In addition to the management fee, you will be charged fees for the investment funds, investment baskets and other investment instruments in accordance with their rules.

ETF trading fee0.15% of the transaction amount. A one-off fee charged for adding or switching ETFs or withdrawing the money invested in them. No separate custody fee is charged.
Confirmation of pledging
EUR 50.00
Extra account statementEUR 10.00
Change of ownerEUR 100.00
Changes to fees and charges

The insurance company is entitled to increase all euro-denominated charges in accordance with a change in the cost-of-living index.

Minimum investment amountEUR 10.00

Taxation of the Nordea Capital contract

  • A capital redemption contract allows you to switch between instruments under your contract without any immediate tax consequences. You don’t need to report any changes to your underlying investments to the tax authorities.
  • The return on your investments is only taxed when you withdraw money or when the contract expires. If you prefer to withdraw money in the middle of the saving period, we will levy withholding tax automatically and credit the net amount to your account.
  • If you get return on the capital you have invested in the contract, a partial withdrawal always includes taxable return in addition to the capital. The part of the partial withdrawal that corresponds to the share of return is considered taxable capital income when you withdraw funds from your contract. 
  • Example: You have invested 10,000 euros in your Nordea Capital contract, and the value of your savings has increased to 12,000 euros during the contract period. When you want to withdraw 1,200 euros, 1,000 euros is considered to be capital and 200 euros to be taxable return subject to capital gains tax.
  • Once the contract expires completely, any losses will be deductible, taking into account possible partial surrenders made during the contract period. If the compensations paid from the contract after the deduction of profit are less than the assets invested in the contract, the arising loss is deductible from capital income in the year in which the contract expires.

How capital redemption contracts are treated in an estate inventory

  • A capital redemption contract is not considered a life insurance policy in an estate inventory, and no death benefit is paid from a capital redemption contract.
  • A capital redemption contract does not expire in the event of the contract holder’s death. Instead, it will be considered part of the estate’s assets. 
  • The parties to the estate may choose to keep the contract under the estate’s name, to assign it to one of the parties or to terminate it and withdraw the savings for the estate.

Tax information as at 1 January 2025. Taxation may change during the contract period.

Nordea Capital product material and issuer

Product material is available in Finnish.

Nordea Capital is a capital redemption contract. Nordea Capital is issued by Nordea Life Assurance Finland Ltd (Business ID 0927072-8). The company is part of the Nordea Group, the leading financial services group in the Nordic countries and Baltic Sea region. Nordea Life Assurance Finland Ltd sells Nordea Capital through its agent Nordea Bank Abp. 

Investments provide the possibility of gaining profits due to capital appreciation, but there is also a risk of a possible decrease in the capital value. Nordea Capital is not covered by the deposit guarantee scheme for bank accounts nor by the Investors’ Compensation Fund. The value of the investments may rise or fall depending on the market situation, and past performance is not a guarantee of future returns. Tax information as at 1 January 2022. Taxation may change during the contract period.

Sign a Nordea Capital contract online

Start saving effortlessly and quickly online!

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Sign a Nordea Capital contract with the help of our specialist

If you want investment advice, book a meeting with us. We are happy to help!

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Frequently asked questions about Nordea Capital

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