• sukoon purple

    • Simple, flexible way to invest globally 
    • Invest as low as AED 100
    • Build your financial future on your terms 

    Sukoon Purple

product overview


Investment and savings for life’s important moments are now easier than ever. Purple is a digital, simple, and affordable way to invest globally and achieve your financial goals.

 

Best of all, there are no commitments - invest, add more anytime, and withdraw whenever you need. Unlimited fund switches without charges. No lock-ins. No hidden fees. Just flexibility and control, fully on your terms.

 

Grow your wealth by investing in a wide range of global funds - hassle-free and designed for your future.

Key benefits

Why Sukoon Purple

how to get started

  • Purple

Product details

 Investment type  Single / Regular Investments  
 Currency  AED / USD  
 Investment frequency  One time / Monthly / Quarterly / Half-yearly / Annual  
 Minimum investment   AED 100 per annum  
 Fund switches  Unlimited, no minimum amount   
 Withdrawals  Unlimited, no minimum amount  
 Management charge  0.2% per month of account value. No other charges apply.  

How to Get Insured

  • Invest Online

    Click here to sign-up online in 2 minutes.

  • Call Us

    Call us at 800 1642 for more information
Request a call back from one of our insurance experts.

Risk DisClosure


Investments are subject to market risks. Account value may fluctuate based on fund performance. Sukoon does not guarantee returns.

 

Regular & Single pay products are approved by UAE Central Bank according to the provisions of Decretal Federal Law No. (24) of 2020 on the Organization of Insurance Operations

Product Resources

FAQs

  • Purple is a digital, simple, and affordable way to invest globally and achieve your financial goals.

  • You can start investing as low as AED 100. Investment and saving for the important things in life is now easier than ever.

  • You can invest in AED or USD giving you full flexibility to control your chosen investment.

  • No, there is no commitments for a minimum lock-in period. In fact there are no commitments in the plan overall - invest, add more anytime, and withdraw whenever you need. You can choose to withdraw your full account value and exit anytime.

  • You can sign-up online, within 2 minutes here. Keep a copy of your valid Emirates ID and Passport handy to complete the sign-up process.

  • Yes, you can cancel the product within 30 days of starting it. In that case, you’ll receive your account value plus any charges deducted by Sukoon. In fact, Sukoon's Purple is fully flexible which means that even after 30 days too, you have the choice of withdrawing  full / partial account value anytime.

  • Purple gives you a plethora of fund choices allowing maximum flexibility to save and invest in a way that aligns with your goals, lifestyle, and ambitions.

    It offers you the choice to grow your wealth by investing across a wide range of global funds - hassle-free and designed for your future.

    You can choose from Model portfolio - Aggressive / Moderate / Cautious or Choose ‘Other Funds’ to choose from over 80+ Funds across Global equity to Fixed Income.


  • The funds are managed by diverse set of global fund management experts. During your choice of funds, you would be able to see the name of the fund houses.

  • Yes, Purple offers you unlimited fund switches, without any charges whatsoever. There are absolutely no hidden fees. Just flexibility and control, fully on your terms.

  • Absolutely, Purple is designed for full flexibility. You can withdraw a part or all your money anytime. There are no charges for any withdrawals.

     

  • No. There are no hidden charges. Purple also does not levy any investment allocation charge so 100% of your investments go into your chosen investment portfolio.

  • The only charge levied in Sukoon Purple is 'Management Charge’ at 0.2% of account value on monthly basis. There are no other charges applicable. 

  • Investments are subject to market risks. Account value may fluctuate based on fund performance. Sukoon does not guarantee returns.