AMP Flexible Super. Investments. Registered trademark of AMP Limited ABN

Transcription

1 AMP Flexible Super Investments Registered trademark of AMP Limited ABN

2 flexibility Make your money work smarter Being part of AMP Flexible Super gives you an opportunity to make a big difference to how much money you end up with down the track. It s the simple choice because AMP Flexible Super is a cost-effective, flexible solution that you can benefit from for life. Make the most of your money Did you know your super money may be one of the largest assets you ll own in your lifetime? It really pays to find the right fund for your money. You want a fund where your money performs well and you receive true value for money. A fund that always gives you choice and flexibility because life s constantly changing. Even if you change jobs, you don t have to give up the benefits of your AMP Flexible Super membership. In fact, keeping it for life may end up being one of the best financial decisions you make. AMP Flexible Super makes super easy for you to manage at every stage of your life. Whether you re just starting out in your first job or you re drawing an income from the money you ve already accumulated or somewhere in between AMP Flexible Super offers you competitive benefits. Pay only for what you want While you re working hard, you want to be sure your super money s working hard too. A low-cost super fund can make a big difference to you in the long run. AMP Flexible Super offers you real value for money because not only can you manage your investment options to make the most of your money you only pay for the features that you need. And what s more, you may also receive management fee rebates. 1 Super that changes with you AMP Flexible Super is a solution that truly changes with you. Anytime you choose, you can switch your investment options or adjust the level of investment risk you re willing to accept. And whether you re looking for simple or sophisticated investment options, AMP Flexible Super has a range to suit you. 1 Management fee rebates apply to Choice investment level only.

3 choices Choose your investment options There are three investment levels and more than 75 individual investment options for you to choose from. You can choose from the Core, Select or Choice investment levels, and within these levels, select investment options that best suit your needs and lifestyle. If you do not want to choose your own investments, we will invest your Super account in the AMP MySuper Balanced investment option. It is a diversified balanced investment option for members who do not make an investment choice for their super savings as well as for members who would like to invest in a low cost investment option. Alternatively, choose one of our LifeStages investment strategies that automatically lowers your investment risk as you grow older. You can be confident that whatever choice you make today can be altered anytime. And what s more, when you make a change you won t have to pay switching fees. AMP Flexible Super investment levels When you choose the Choice investment level we may rebate into your account part of what you ve paid in fees 2 that s how you benefit from the management fee rebate. MySuper (default) investment option fees MySuper Member Fee (i) $1.95 per week as at 1 July 2014 MySuper Investment Fee 0.15% pa MySuper Administration Fee 0.50% pa MySuper Exit Fee (i) $36.00 as at 1 July 2014 Choice investment option fees Choice options Core Select Choice Member Fee (ii) $1.64 per week $2.20 per week $2.75 per week Management Fee Super account Between 0.54% pa and 0.85% pa Between 0.54% pa and 0.85% pa Between 0.54% pa and 3.09% pa Management Fee Retirement account Between 0.51% pa and 0.85% pa Between 0.51% pa and 0.85% pa Management Fee Rebate (applies to Choice investment level only) Between 0.51% pa and 3.06% pa Contribution, Withdrawal (iii), Termination & Switching Fees Nil Nil Nil (i) This fee will increase on 1 July each year in line with the Consumer Price Index (CPI). A MySuper exit fee applies upon partial or full withdrawal from the superannuation fund if you are invested in AMP MySuper Balanced. Refer to the PDS for more information. (ii) Member Fee as at 1 July Indexed to CPI each July. (iii) A Special Exit Fee may apply to former GIO members. AMP Flexible Super allows you to access management fee rebates. The rebate you receive depends on the investment options you have chosen and your total relationship balance. The total relationship balance is calculated by combining your AMP Flexible Super account balance with other eligible AMP accounts. You ll find details in the Product Disclosure Statement and Fact Sheets at amp.com.au/flexiblesuper. Total relationship balance Rebate rate (% pa) on the balance invested in investment options (excluding Super Easy) Rebate rate (% pa) on the balance invested in Super Easy investment options and AMP Capital Dynamic Markets Under $100,000 Nil Nil $100,000 to $199, % Nil $200,000 to $499, % Nil $500,000 to $999, % Nil $1,000,000 to $2,999, % 0.10% $3,000,000 or more 0.85% 0.20% 1 For more information on Fees please see the AMP Flexible Super PDS and the Fees & Costs Fact Sheet.

4 The LifeStages investment strategy The LifeStages strategy invests in multi-sector (diversified) investment options that have a risk profile recommended for certain ages. As you get older and move to a new age band, your investments are switched to a more conservative investment option. Note: The LifeStages investment strategy is not available for retirement accounts. Choose a management style Single manager Index Active Responsible investing Investments are managed by several investment managers to provide added diversification through different management styles. Investments are managed by one investment manager and aim to provide a specialised approach. Investing follows an index or benchmark; performance is essentially driven by investment markets. Investing aims to outperform a certain benchmark; performance is driven by the investment managers skills and style. Investing is undertaken by investment managers with a focus on specific environmental, social, and corporate governance considerations. Choose the investment strategy that s right for you Investments that offer higher returns are generally exposed to more risk and have more volatility than those producing more stable, lower returns. The goal for every investor is to strike a balance between the level of risk you are prepared to accept, and the level of return you aim to achieve. When choosing the investments for your super, there are three key things to consider: your investment goals, how long your money will be invested and your attitude to risk. What investor style are you? AMP s website provides a handy investor-style illustrator at amp.com.au/calculators. The illustrator can help you understand your own attitudes towards investing and risk find out what style of investor you are. You can access leading investment managers

5 Single-sec Cash, Short-term Securities & Deposits Cash Super Easy Cash Term Deposits Super Easy Term Deposits 3 months 6 months 1 Year 2 Year 3 Year 5 Year Fixed Interest Core Fixed Interest Super Easy Australian Fixed Interest Super Easy International Fixed Interest Enhanced Fixed Interest AMP Australian Bond BlackRock Global Bond PIMCO Australian Focus PIMCO Diversified Fixed Interest Schroder Fixed Income Credit & Fixed Interest Trading Strategies AMP Capital Corporate Bond Franklin Templeton Multi Sector Bond Kapstream Absolute Return Macquarie Income Opportunities Equ Australian Equities Index-style Multi-style Core Growth Value Responsible investing Quantitative Super Easy Australian AMP Australian AMP Capital Australian Concentrated Bennelong Australian Equities BT Australian AMP Arnhem Australian Hyperion Australian Growth Companies Schroder Australian Equities Perennial Value Australian Perennial Value s for Income Perpetual Industrial Tyndall Australian Value Specialist Australian Responsible Investment Leaders Australian Plato Australian s Income Small Capitalisation Equities Core Value UBS Australian Small Companies Specialist Australian Small Companies Lazard Global Small Cap Investment options in this document are based on the Choice investment level.

6 tor Menu Property AMP Capital Global Property Securities AMP Listed Property Trusts BT Global Property Securities Specialist Property and Infrastructure Legg Mason Australian Real Income Resolution Capital Core Plus Property Securities Super Easy Property Alternative Strategies AHL Alpha AMP Capital Global Infrastructure Securities (Hedged) BlackRock Australian Absolute Return Macquarie International Infrastructure Securities RARE Infrastructure Value Super Easy Alternative ities Global Equities Index-style Style neutral Core Growth Value Responsible Investing Super Easy International BlackRock Scientific Hedged International BlackRock Scientific International Arrowstreet Global Fidelity Global Equities T. Rowe Price Global Walter Scott Global GMO International Magellan Global Schroder Global Active Value Templeton Global Specialist Hedged International Specialist International Responsible Investment Leaders International Specialist Equities Growth Opportunistic Other Thematic Aberdeen Emerging Opportunities AMP Capital Asian Growth T. Rowe Price Asia ex-japan AMP Capital Australian Opportunities K2 Australian Absolute Return Specialist Geared Australian Platinum International Lazard Global Thematic

7 Invest in one or more sectors Multi-sector investment options generally have exposure to a variety of asset classes including cash, fixed interest, property, shares and alternative investments. Multi-sector investments can provide diversification within a single investment option. Single-sector investment options generally provide exposure to cash and other single asset class investments, like Australian shares. You can invest in several single-sector investment options to build a diversified portfolio. Multi-sector Menu Conservative AMP Conservative Professional Conservative Responsible Investment Leaders Conservative Super Easy Conservative Multisector (Traditional) Multisector (Specialist) AMP Capital Multi-asset BlackRock Global Allocation ipac Income Generator Schroder Real Return AMP Capital Dynamic Markets Cautious Super Easy Cautious Moderately Conservative AMP Moderate Growth Professional Moderately Conservative Super Easy Moderately Conservative Multi-sector (Secure): AMP Secure Growth is available in the Retirement account only subject to eligibility. Balanced AMP Balanced Growth Professional Balanced Responsible Investment Leaders Balanced Super Easy Balanced AMP MySuper Balanced Super Easy Active Balanced Aggressive AMP All Growth Professional High Growth Super Easy High Growth Moderately Aggressive AMP High Growth Professional Growth Responsible Investment Leaders Growth Super Easy Growth Find out more To find out more about the investment choices and benefits available to you through AMP Flexible Super, talk to your financial planner, visit amp.com.au/flexiblesuper or contact us on Your financial planner can help you determine your investor style and the investment strategy that will work best for you. Over time, you can regularly reassess your investment strategy as your goals and attitudes to risk change.

8 Contact details internet amp.com.au/flexiblesuper My Portfolio amp.com.au/myportfolio web enquiry amp.com.au/enquiry phone fax mail AMP Life Limited PO Box 300 PARRAMATTA NSW 2124 What you need to know Any advice in this document is general in nature and is provided by AMP Life Limited ABN (AMP Life). The advice does not take into account your personal objectives, financial situation or needs. Therefore, before acting on the advice, you should consider the appropriateness of the advice, having regard to those matters. Before making a decision about the product you should consider the AMP Flexible Super Product Disclosure Statement available from AMP at amp.com.au or by calling The issuer of AMP Flexible Super is AMP Superannuation Limited ABN , the trustee of the AMP Retirement Trust ABN AMP Life is part of the AMP group and can be contacted on If you decide to purchase or vary a financial product, AMP Life and/or other companies within the AMP group will receive fees and other benefits, which will be a dollar amount or a percentage of either the premium you pay or the value of your investments /14