MyNorth Guarantees

Protected Growth Guarantee

What’s in it

The Protected Growth guarantee option:

• available over 10 and 20 year terms
• guarantees to return all initial capital and contribution
• locks in growth as a result of positive investment performance each year (as long as your account value exceeds your protected balance on your guarantee anniversary date), and
• gives you full access to your available balance or account value during the term of your guarantee.

Protected Investment Guarantee

What’s in it

The Protected Investment guarantee option:

• available over six and eight year terms
• guaranteed to return all initial capital and contributions
• every two years, on your guarantee anniversary date, locks in any growth as a result of positive investment performance on your account value (as long as your account value is greater than your current protected balance), and
• gives you full access to your account value at any time during your term.
   

Protected Retirement Guarantee

What’s in it

The Protected Retirement guarantee:

• allows you to remain invested in the assets of your choice, while still providing the security of a guaranteed retirement income for life
• each year, locks in any growth as a result of positive investment performance on your account value (as long as it’s greater than your income base on your guarantee anniversary date)

The guaranteed amount is known as the income benefit which is guaranteed for life, even if you run out of your own funds while in retirement.
 

North Guardian

The North Guardian Investment Options are a series of diversified funds with a mix of Australian and international equities and fixed interest. They are designed with market volatility in mind.

They provide a medium-term return like traditional diversified funds with similar target asset allocations. Plus, they are designed to provide stability during short-term volatility.

Unlike with a traditional diversified fund, the allocation to shares in North Guardian can change significantly from time to time in response to sharemarket volatility.

North Guardian provides access to three investment strategies:

• Moderately defensive – to provide modest growth in your investment over the medium term with some fluctuations in value likely.
• Balanced – to provide moderate growth in your investment over the medium to long term while managing the level of short-term fluctuations.
• Growth – to provide moderate to high growth in your investment over the long term with moderate to high fluctuations in value.

The North Guardian Investment Options are exclusively available to investors who choose one of our AMP North guarantees.