Fact sheet - Investing and your options - AMP

74 Pages·2015·3.74 MB·English

Investing and youroptions fact sheet
AMP Flexible Super®
Issued 20 November2020
®Registered trademarkofAMP Limited ABN 49 079354 519
Contents
AMPFlexibleSuperinvestments 4
Environmentalandsociallyresponsibleinvesting 11
Managingyourrisks 13
Feesandcosts 18
Howtoreadyourinvestmentprofile 35
AMPMySuperinvestmentoption(Superaccountonly) 36
Coreinvestmentoptions 41
Selectinvestmentoptions 43
Choiceinvestmentoptions 46
Explanationofinvestmentterms 71
ThisdocumentisafactsheetforAMPFlexibleSuper®.TheAMPFlexibleSuperfactsheetsandmemberbenefitschedule(for
employeemembersonly)areimportantdocuments.Youshouldreadthemwiththeproductdisclosurestatement(PDS)to
understandhowAMPFlexibleSuperworks.
Theinformationinthisdocumentformspartoftheproductdisclosurestatement(PDS)forAMPFlexibleSuperdated30September
2020.TounderstandhowAMPFlexibleSuperworks,readthePDS,factsheetsandyourmemberbenefitschedule(employeemembers
only).
Informationinthisdocumentmaychangefromtimetotime.Wemayupdateinformationwhichisnotmateriallyadversetoyouand
makeitavailableatamp.com.au/pdsupdates.Apapercopyoftheupdatecanalsobeobtained(atnocharge)bycallingus(detailsat
theendofthisdocument)orfromyourfinancialadviser.
Theinformationprovidedinthisdocumentisgeneralinformationonlyanddoesnottakeintoaccountyourpersonalfinancialsituation
orneeds.Youshouldobtainfinancialadvicetailoredtoyourpersonalcircumstances.
Ifyouwouldlikeadviceonyourinsurancecoverinthissuperproduct,contributionstoyouraccountorinvestmentoptions,youcan
calluson131267.Afeewillnotbechargedforthisonce-offintrafundadvice.Ifyouwouldliketoobtainotherfinancialadvice,ongoing
financialadviceorotherinformationaboutyouraccount,youshouldspeaktoafinancialadviser.
AMPFlexibleSuperispartoftheSuperDirectionsFundABN78421957449.N.M.SuperannuationProprietaryLtd(NMSuper)ABN
31008428322,AFSL234654,RSELicenceNo.L0002523isthetrusteeandisreferredtoasNMSuper,trustee,weorusinthisdocument.
NoothercompanyintheAMPgroupofcompaniesoranyoftheinvestmentmanagersoftheinvestmentoptions:
– isresponsibleforanystatementsorrepresentationsmadeinthisdocument
– guaranteestheperformanceofNMSuper’sobligationstomembers,orassumesanyliabilitytomembersinconnectionwith
thisproduct
ExceptasexpresslydisclosedinthePDSorafactsheet:
– investmentsintheinvestmentoptionsarenotdepositsorliabilitiesofNMSuper,AMPBankLimitedABN15081596009(AMP
Bank),anyothermemberoftheAMPgrouporanyoftheinvestmentmanagers
– nopersonguaranteestheperformanceofthissuperproductoranyoftheinvestmentoptions,anyparticularrateofreturnor
therepaymentofcapital.
Thetrusteemayenterintofinancialorothertransactionswithrelatedbodiescorporateinrelationtothisproduct.Thatrelatedbody
corporatemaybeentitledtoearnfees,profits,reimbursementsorexpensesorotherbenefitsinrelationtoanysuchappointmentor
transactionandtoretainthemforitsownaccount.
AMPFlexibleSuperismanagedandadministeredinaccordancewiththePDS,factsheetsandyourmemberbenefitschedule(employee
membersonly).WemaychangethewayAMPFlexibleSuperismanagedandadministeredatanytimewith,inthecaseofanincrease
infees,atleast30days’notice.Otherwise,noticewillbeprovidedbeforeorassoonaspracticableafterthechangeoccurs.
Thisofferisavailableonlytopersonsreceiving(includingelectronically)thePDS,factsheetsandthememberbenefitschedule
(employeemembersonly)withinAustralia.
Changestoinvestmentoptions
Weregularlymonitorourinvestmentoptionsandinvestmentmanagerstoensureourrangecontinuestosuittheneedsofour
customers.Wemayadd,closeorterminateinvestmentoptions,addnewinvestmentmanagers,aswellaschangetheaimandstrategy
andassetrangeorbenchmarkofaninvestmentoptionatanytime.Wewillnotifyyouaboutanymaterialchangestotheinvestment
optionswhichmaybeafterthechangehasoccurred.
Ifyouhavemoneyinaninvestmentoptionthatisterminated,wewillswitchyourmoniestoaninvestmentoptionwithsimilar
risk/returnprofile.
IssuedbyN.M.SuperannuationProprietaryLtdABN31008428322,AFSLNo.234654,RSEL0002523,thetrusteeoftheSuperDirections
FundABN78421957449.
3
AMP Flexible Super investments
Approaches to investing AMP Retirement Choice and My Retirement Payment
AMP Flexible Super gives you the flexibility to choose MyRetirementPaymentisaretirementpaymentoptionwhich
between the Core, Select or Choice investment levels, to aimstoprovideanincomelastingtoyourspecifiedtargetage1by
guide you through your investment goals. automaticallycalculatingtheamountofyourpensionpayments
foryouusingyourage,youraccountbalanceandotherfactors
WeaimtogiveyouaccesstoarangeofleadingAustralianand
thataimtopayyouregularandconsistentpensionpayments
internationalinvestmentmanagersandprovideyouwiththe untilyourspecifiedtargetage1.
flexibilitytochangeandswitchinvestmentoptions.
Youcanaccessthisoptionifyoudecidetoinvest100%intothe
Weofferanumberofdifferentapproachestoinvestingincluding:
AMPRetirementChoiceinvestmentoptionandselectatarget
– MySuper–deliversaninvestmentstrategythat age.
continuouslyevolveswiththechangingstagesofyourlife
Ifyou select:
– SuperEasyLifeStages–whichautomaticallylowerstherisk
– MyRetirementPayment,we’llpayyourcalculatedpension
yourinvestmentstakeasyougetolder.Ifyouselect
paymentdirectlyintoyournominatedbankaccountbased
LifeStages,youcannotelecttobeinvestedinanyother
onthefrequencyyouselect.Youcanchangethefrequency
investmentoption(exceptthatmemberswhowere
ofyourpensionpaymentsatanytime,and
investedinLifeStagesasadefaultinvestmentoptionprior
totheintroductionofMySupermayhaveaninvestment – theminimum,maximumoraspecifiedamount,we'llpay
inbothLifeStagesandMySuper) thenominatedamountintoyournominatedbankaccount
basedonthefrequencyyouselect.Youcanchangethe
– Traditionalriskprofileinvesting–AMPdiversifiedsandthe
amountorfrequencyoryourpensionpaymentsatanytime,
Professionalrange
subjecttogovernmentlimits.
– Index-styleinvesting–SuperEasy
– Multi-managerinvesting–Specialistrange,and When will your pension payment be calculated
– Singlemanagerinvesting.
We’llcalculateyourpensionpaymentamountfortheAMP
Changes to investment options and managers RetirementChoiceinvestmentoptionandMyRetirement
Paymentwhen:
Weregularlymonitorourinvestmentoptionsandinvestment
managerstoensureourrangecontinuestosuittheneedsofour – youcommenceyourallocatedpension
customers.Wemayadd,closeorterminateinvestmentoptions, – yousubmitachangeofpensionpaymentdetailsby
addnewinvestmentmanagers,aswellaschangetheaimand selectingtheAMPRetirementChoiceinvestmentoption
strategyandassetrangeorbenchmarkofaninvestmentoption andMyRetirementPaymentonanexistingallocated
atanytime.Wewillnotifyyouaboutanymaterialchangesto pension,and
theinvestmentoptionswhichmaybeafterthechangehas – on1Julyeachyear.
occurred.Othernon-materialchangeswillbeincludedinaPDS
Regardlessofthefrequencyofyourpensionpayments,the
update,availableatamp.com.au/pdsupdates.Ifyouhavemoney
annualpensionpaymentamountcalculatedwillgenerallyremain
inaninvestmentoptionthatisterminated,wewillswitchyour
unchangeduntilthenextannualcalculationdateof1July.
moneytoaninvestmentoptionwithasimilarrisk/returnprofile.
InsomecircumstanceswemayneedtorecalculateyourMy
RetirementPaymentpartwaythroughtheyearasaresultof
unexpectedmarketmovements,lumpsumwithdrawalsorother
factors,whichmayhavechangedyouraccountbalance,toensure
youreceiveanincomeuntilyourspecifiedtargetage1.
Updates tothe My Retirement Payment calculation
TomeettheaimofMyRetirementPaymentwe’llregularlyreview
andrefinethecalculation,factoringinboththesuperannuation
andeconomicenvironment.Whilewewon’tnotifyyouofthese
ongoingrefinementswewon’tchangetheoverallaimwithout
priornotice.
1 Youcannominateaspecifictargetage.However,themaximumtargetageis100years.
4
Your investment options LifeStages
IfyouselectMyRetirementPayment,we’llmanageallyour Available in the Select and Choice investment levels.
investmentinstructionsonyourbehalf.
SuperEasyLifeStagesisasimpleinvestmentapproachwhich
We’llsetyourtargetagetoprovideayear’sworthofpension automaticallylowersyourinvestmentriskasyougetolder.
payments.
Thismeansthatwhenyouareyoung,youwillhavealarger
YoucannotbeinvestedinanyotherAMPFlexibleSuper portionofyoursuperinmarketslikesharesandproperty(also
investmentoptionwhenusingMyRetirementPaymentandthe knownasgrowthassets)whosevaluescanvarymarkedlybut
AMPRetirementChoiceinvestmentoption. whoselong-termreturnpotentialishigher.Asyoumovecloser
What else doyou need to know toretirement,theportionofwhatarecalleddefensiveassets
suchascashandfixedinterest,increasestoreducetheriskof
Therisksthatapplytoinvestinginanallocatedpension,where youlosingyourmoney(capital).Althoughdefensiveassetsare
youselectyourinvestmentoptions,alsoapplytoaccountswith lessvolatilethangrowthassets,theiroverallreturnpotentialis
MyRetirementPayment.There’snofeeforusingMyRetirement alsoless.Theaimisforyoursavingstobemorestableinthe
Payment,oranypenaltyforremovingtheoptionfromyour yearsbeforeretirement–whenyouhavemoretoriskandthere’s
account,however,youmaywanttoconsiderthefollowing: lesstimetorecoveranyshort-termlosses.
Unexpected inflation risk SuperEasyLifeStagesisintendedtobeawholeofworkinglife
strategy,soyoucannotmixthisstrategywithanyother
ThecalculationusedbyMyRetirementPaymentallowsfor
investments(MemberswhowereinvestedinLifeStagesasa
expectedinflation.Shouldactualinflationdeviatefrom
defaultinvestmentoptionpriortotheintroductionofMySuper
expectations,incomemayfailtokeepupwithinflation(ormay
mayhaveaninvestmentinbothLifeStagesandMySuper).
increasefasterthaninflation).Wereviewinflationassumptions
throughouttheyear. Thefollowingtableshowsthedifferentagebands,riskprofiles
andinvestmentsattachedtoeachstageofSuperEasyLifeStages.
Income volatility risk
Weaimtoprovidearegularandconsistentincomeyeartoyear. Agerange Riskprofile SelectandChoiceinvestment
However,duetofluctuationsininvestmentreturns,incomemay levels
becomevolatileovertimeandmaythereforebelesssuitableif
Underage30 Aggressive SuperEasyHighGrowth
yourequireconsistentincomeyeartoyearfromyourpension.
Long-term inflation and long-term investment return risk Age30to39 Moderately SuperEasyGrowth
aggressive
Long-terminflationandlong-terminvestmentreturn
assumptionsareusedtocalculateMyRetirementPayment Age40to49 Balanced SuperEasyBalanced
andprovideaspecifiedamount.Theseassumptionsmaybe
Age50to59 Moderately SuperEasyModerately
updatedfromtimetotime.Asassumptionschange,thenext
conservative Conservative
calculatedincomeamountmaychangeinresponse.
Age60andover Conservative SuperEasyConservative
Pension ceases at target age
MyRetirementPaymentaimstoprovideanincomelastingto Professional – expert risk profile based investing
yourspecifiedtargetage1. Atyourspecifiedtargetage1,your
Only available in the Choice investment level
accountvaluewillreachzeroandmemberswillnolongerreceive
anincomefromthisaccount.Theeffectofthismayvary TheProfessionaldiversifiedinvestmentrangecombinesexpert
dependingonyourpersonalcircumstances,thelevelofincome investmentmanagementwithriskprofilebasedportfolios.Each
andanyothersourcesofincomethatyoumayhave. onemayinvestinavarietyofmarketsincludingshares,property,
fixedinterest,cashandalternatives–bothinAustraliaand
Formoreinformationaboutthekindsofrisksassociatedwith
overseas.ipac,theportfoliomanager,conductsextensive
investinginAMPFlexibleSuper,refertothemanagingyourrisks
researchtoselectmanagersrangingfromlargeglobalfirmsto
sectionoftheinvestingandyouroptionsfactsheet.
boutiquemanagers,andblendsthesetoconstruct
multi-managerportfoliosbasedonriskprofiles.Eachofthe
Professionalinvestmentscatersfordifferentriskprofiles:
Conservative,ModeratelyConservative,Balanced,Growthand
HighGrowthbyinvestinginadifferentcombinationofassets.
ipacmayreview,replaceorchangetheselectedmanagersorthe
investmentallocationsatanytimetoensurethatrisksare
activelymanagedandthelongtermperformanceobjectivesare
achieved.
5
Specialist – multi-manager investing Single manager investing
Only available in the Choice investment level Available in the Choice investment level
Themulti-managerapproachtoinvestingusesarangeof Weofferarangeofselectedsinglemanagerinvestmentoptions
investmentmanagerswithinasingleinvestmentoption.By thataremanagedbyleadingAustralianandinternational
blendinginvestmentmanagerswithdifferentstylesintoasingle investmentmanagers.
investmentportfolio,multi-managerinvestmentoptionsare
Choosing your investment options
expectedtodelivermorestablereturnsacrossdifferentstages
oftheeconomicandmarketcyclethanasingleinvestment Asthisinvestmentmaybeyourmainsourceofsavingsfor
manager.Investmentmanagersareselectedforinclusionin retirement,wesuggestthatyoutakeafewminutestoreadthis
multi-managerportfoliosbasednotonlyontheirindividual section.Itisintendedtohelpyouunderstandyourattitudeto
strengthsbutalsoonhowtheirinvestmentstylescomplement investmentrisksandreturns.Itisimportantforyoutoconsider
eachother. yourinvestmentdecisionscarefullyandbecomfortablewith
thelevelofriskthatmaybeneededtoreachyourinvestment
AMPCapital,withinputfromtheirconsultants,identifiesand
goals.
gainsaccesstohighqualityinvestmentmanagerswithintheir
respectiveareasofexpertise(egassetclassesandstyles),and Wecanhelpminimisetherisksofinvestingbyprovidingaccess
blendstheircomplementaryinvestmentstylesinmulti-manager toawiderangeofinvestmentoptions.Thisallowsinvestorsto
portfolios.Ifanyappointedinvestmentmanagerfailstomeet diversifytheirportfoliosacrossdifferentassetclasses,investment
expectedstandards,itwillbeterminated(andreplacedwitha managers,investmentstylesortoselectmulti-sectorinvestment
moresuitablemanagerifappropriate).Theremovaloraddition options.
ofinvestmentmanagersisdeterminedbyaninvestment
Beforeyoustart,therearethreethingstoconsider:
committeeanddoesnotrequireyourpriorapproval.Thisprovides
flexibilitywithintheportfolioandenablesinvestment 1.Yourinvestmentgoals:Aretheyshort-termorlong-termgoals?
opportunitiestobequicklyandeffectivelyrealised. Howmuchwillyouneed?
Further information 2.Yourtimeframe:Whendoyouwanttoretire?Ifyou’vealready
retired,howlongwillyourmoneylast?
Multi-managerinvestmentoptionsmayuseoptions,swaps,
futuresandotherderivativestoreduceriskorgainexposureto 3.Yourattitudetorisk:Areyoucomfortablewithnegative
physicalinvestments.Theyaregenerallynotgeared(unless returnsintheshort-termwhenseekinghigherreturnsoverthe
otherwisestated),however,theyarenotrestrictedintheamount long-term?Or,areyoumorecomfortablewithmoderateand
theycanborrowandtheymayborrowtomeetshort-term consistentreturns?
liquidityneeds.Shortsellingmaybeusedtotakeadvantageof
companieswhosesecuritypricesareexpectedtodecrease. Thisdocumentprovidesgeneralinformationoninvesting
andinvestmentoptions.Itisnotasubstituteforpersonal
Forfurtherinformationonmulti-managerinvesting,speakto
yourfinancialplannerorvisitthewebsiteampcapital.com.au financialadviceandwerecommendthatyouconsider
andfollowthepromptstomulti-managerinvesting. obtainingadvicefromafinancialadviserbeforeselecting
investmentoptions.
Super Easy passive index investing
Full range only available in the Select and Choice
investment level
TheSuperEasyindexinvestmentrangeprovidesbothriskprofile
basedandsinglemarketinvestmentswhichaimtoachievethe
samereturn(beforefees)astheinvestmentmarketinwhich
theyinvest.EachoftheSuperEasymulti-sectorinvestments
catersfordifferentriskprofiles:Conservative,Cautious,
ModeratelyConservative,Balanced,GrowthandHighGrowth
usingdifferentinvestmentallocations.TheSuperEasysingle
marketinvestments,investinavarietyofmarketsincluding
shares,property,fixedinterest,cashandalternatives–bothin
Australiaandoverseas.
6
Do I have to make an investment choice? Crediting rate investment
Ifyoudonotselectaninvestmentoption,yourmoneywillbe Someinvestmentshaveacreditingrateinsteadofaunitprice,
investedinanAMPMySuperinvestmentoptionuntilyouprovide suchastermdepositsandcashinvestments.Thecreditingrate
uswithinstructionstochangeyourinvestment.YourAMP issimilartoaninterestrate,butitcanbenegative,isn't
MySuperinvestmentoptionisoutlinedinyourmemberbenefit guaranteedandcanchangeatanytimewithoutnotice.
schedule(employeemembersonly).Youcanchangeyour
Thecreditingrateisaccrueddailyandpaidtoyouraccount
investmentoptionsanytimebyloggingintoyoursecureonline
accordingtothefrequencyspecifiedinthedescriptionofthat
accountatamp.com.au/loginorbydownloadingthechanging
option.
yourinvestmentlevels,optionsandfeemandateformat
amp.com.au/forms.Werecommendthatyouconsiderobtaining Unitised investment
advicefromaqualifiedfinancialadviserbeforechangingyour
Thebestwaytoallowmanydifferentinvestorstoinvestatthe
investmentoption(s).
sametimeistoissueunits,whichrepresentaproportionofthe
Deciding what type of investoryou are underlyingassetsofthetotalinvestment.Thisalsoallowspeople
towithdrawatatimethatsuitsthem.Thevalueofthe
Everybodyhasadifferentinvestmentgoal,timeframeand
investmentwillchangeovertimeandunitpriceswillvaryinline
attitudetoriskwhichwilllikelychangeovertime,dependingon
withthis.Whenyouinvestinaunitisedinvestment,weallocate
circumstancesandlifestage.Tohelpdecidewhattypeofinvestor
unitstoyoubasedontheinvestmentamountandunitprice.
youare,youmaydecidetoconsultwithafinancialadviser.AMP
providesonlinetoolsandinformationwhichcanhelpgetyou
started.Visitamp.com.au/investments. Valueofyour Numberof Unit
Notallinvestmentoptionssuiteveryone.TheAMPWhatinvestor investment = unitsheld X price
option intheoption
styleamI?risksimulatorisaquickwaytohelpyouworkout
yourinvestmentstyleandwhattypesofinvestmentsyoumight
consider.Itdemonstratestherelationshipbetweenriskand
Setting unit prices
returnaswellastheimpactofyourtimehorizon.Visit
amp.com.au/investorstyle. AMPvaluestheassetsineachinvestmentoptionatmarketprices
ThereareanumberofothercalculatorsavailablefromAMP andmakesallowances(basedonestimates)for:
whichyoumayfinduseful.Visitamp.com.au/calculators.
– investmentincomeandcapitalgains
Alternativelywehaveeducationalvideosyoumayfindhelpful
– provisionfortaxoninvestmentincomeandcapitalgains
onamp.com.au/videos.
– thecostsoftransacting
What it means to invest – operationalcostsincurredinmaintainingpropertyand
otherdirectinvestments,and
Whileit'simportanttothinkcarefullyaboutwhichinvestment
– anyadministrationfee,MySuperadministrationfee,
optionsyouselect,theappropriateselectionscanchangeover
investmentfees,MySuperinvestmentfeesand
time.Asyourpersonalpreferences,financialsituation,and
performance-basedfees.
long-termgoalschange,youshouldrethinkyourinvestment
strategyandadjustthemixtomeetyournewneeds.Inanycase, Theresultofthisvaluationisthendividedbythetotalnumber
anannualreviewofyourinvestmentchoicesisusually ofunitsallocated.Thisgivestheunitprice.Unitpriceswill
worthwhile. generallyriseandfallwithmovementsinthevalueofthe
underlyingassets.
It'simportanttorememberthatwhenyouinvestinaparticular
investmentoption(s)you'reselectinganexposuretocertain Listedassetsarevaluedattheendofeachdayusingtheprice
typesofassetssuchascash,fixedinterest,property,alternative atthattime.Otherassetsarevaluedinaccordancewithour
assetsorshares.Youdon'treceiveanydirectentitlementtothe valuationpolicy.
assetsunderlyingtheinvestmentoption(s).
Ifnewinvestmentsareexpectedtoexceedwithdrawalsfrom
Investment performance aninvestmentoption,thenassetvaluesmaybeadjustedby
addinganallowanceforsomeorallofthecostsofbuyingassets.
Ifyouareinterestedinup-to-dateinformationonaninvestment
Thiswillincreasetheunitprice.
option’sperformancehistory,visitourwebsiteorcallus.While
historicalperformanceshowshowaninvestmentoptionhas Ifnewinvestmentsareexpectedtobelessthanwithdrawals
performedinthepast,itisnotareliableindicatorofhowitmay fromaninvestmentoption,thenassetvaluesmaybeadjusted
performinthefuture.Performanceofaninvestmentoptionmay bysubtractinganallowanceforsomeorallofthecostsofselling
varyovertime. assets.Thiswilldecreasetheunitprice.
Howyour investment is valued Calculating unit prices
Wheninvestinginafundthroughsuperannuation,your AMPcalculatesunitpriceseachSydneybusinessdayand
contributionwillappeareitherasadollaramountorasunits. generallymakesthesepricesavailablethefollowingSydney
Thiswillalsoaffecthowyourreturnsarecreditedtoyour businessday.
account,whichwilleitherbeasa:
– creditingrateinvestment,or
– unitisedinvestment.
7
What unit price or crediting rate will you receive Options in each investment level
You'llreceivethelatestunitpricecalculatedasatthedatewe Theinvestmentoptionsavailabletomembersarelistedbelow.
receiveallrelevantinformationatanAMPprocessingcentre,
providedit'sreceivedbefore3pmSydneytime.Otherwise,itwill AMPMySuperOption
betheunitpriceapplicableforthenextSydneybusinessday.A
AMPMySuper1990s
SydneyBankHolidayistreatedasapublicholiday.
Thedaythatapplieswillalsodeterminewhenyou'recredited AMPMySuper1980s
withreturns.Thereareexceptionstothisruleasfollows:
AMPMySuper1970s
– Ifweneedtodelayswitchesorwithdrawals,inwhichcase
AMPMySuper1960s
you'llreceivetheunitpriceorcreditingrateavailableatthe
timethetransactionoccurs.
AMPMySuper1950s
– IfthetransactionsareforthePensionRefreshFacility.
AMPMySuperCapitalStable
Monitoring unit prices
AMPhasprocessesinplacetochecktheaccuracyofunitprices. Coreinvestmentoptions
You'llbecompensateddirectlyintoyouraccountforanyerrors
Balanced
equaltoorgreaterthan0.30%thataffectedthevalueofyour
transaction.
SuperEasyActiveBalanced
Ifyou'veclosedyouraccount,AMPwill:
SuperEasyBalanced
– paycompensationdirectlyintoanotherofyourAMP
accounts Cash
– ifyourbenefitisn'tpreserved,sendyouacompensation
SuperEasyCash
paymentifthepaymentisaboveadollarminimumsetby
thetrustee,or Moderatelyconservative
– rollthecompensationintotheAMPEligibleRolloverFund.
AMPRetirementChoice(Retirementmembersonly)
Ifwe'reunabletocontactyouorthepaymentisbelowadollar
minimum,thecompensationwillbepaidintothefundonan
Selectinvestmentoptions
unallocatedbasis.
Thetrustee,actinginmembers’interests,andAMPmayagree Conservative
tomakeotheradjustments,asappropriate.
SuperEasyConservative
Securities lending
Cautious
Securitieslendingisanarrangementwheretheholderof
securitiesagreestoprovideitssecuritiestoaborrowerfora SuperEasyCautious
specifiedperiodoftimeandtheborroweragreestoreturn
Moderatelyconservative
equivalentsecuritiesattheendofthatperiod,inreturnfora
fee.Theborrowerisrequiredtopostcollateralassecurityforthe
SuperEasyModeratelyConservative
borrowing.Theaimofsecuritieslendingistogeneratepositive
investmentreturnsbutthisisnotguaranteed.Therearea Moderatelyaggressive
numberofrisksinvolvedinsecuritieslending.Theseincludethe
borrowerfailingtorepaythesecuritieslentandfailingtopay SuperEasyGrowth
callsforcollateral.
Aggressive
Thetrusteeitselfdoesnotengageinsecuritieslending.However
throughtheagreementsthatthetrusteeholdswithAMP,it SuperEasyHighGrowth
offersavarietyofinvestmentoptionswhosefundmanagers
(includingAMPCapital)maylendaportionoftheirsecuritiesas
partoftheirinvestmentstrategy.AMPandAMPCapitalhave
riskmanagementprocessesinplacethatrequireeachborrower
toprovidecollateralforatleast100%ofthevalueofthe
securitiesloaned.Thecostsincurredforsecuritieslendingare
paidbyagreementwiththelendingagentand/orAMPCapital
wherebythelendingagentand/orAMPCapitalretainaportion
ofthegrossrevenue.
8
Choiceinvestmentoptions Choiceinvestmentoptions
Multi-Sector(Traditional)investmentoptions PerpetualIndustrialShare
Conservative PlatoAustralianSharesIncome
AMPConservative SchroderAustralianEquities
ProfessionalConservative SpecialistAustralianShare
Moderatelyconservative SpecialistGearedAustralianShare
AMPModerateGrowth SuperEasyAustralianShare
ProfessionalModeratelyConservative Smallcapitalisationshares
Balanced SpecialistAustralianSmallCompanies
AMPBalancedGrowth Globalshares
ProfessionalBalanced AntipodesGlobal
ModeratelyAggressive ArrowstreetGlobalEquity
AMPHighGrowth BlackRockScientificHedgedInternationalShare
ProfessionalGrowth BlackRockScientificInternationalShare
Aggressive EpochGlobalEquityShareholderYield(Unhedged)
AMPAllGrowth FidelityGlobalEquities
ProfessionalHighGrowth MagellanGlobal
SpecialistHedgedInternationalShare
Multi-Sector(Secure)investmentoptions
SpecialistInternationalShare
Secure
SuperEasyInternationalShare
AMPSecureGrowth(Retirementmembersonly)
WalterScottGlobalEquity
GuaranteedPlus(1)(Supermembersonly)
ZurichAmericanCenturyGlobalGrowth
SecurityPlus(1)(Supermembersonly)
Propertyandinfrastructure
Multi-Sector(Specialist)investmentoptions
AMPCapitalGlobalInfrastructureSecurities(Hedged)
Specialist
AMPCapitalGlobalPropertySecurities
AMPCapitalMulti-Asset
AMPListedPropertyTrusts
BlackRockGlobalAllocation
LeggMasonMartinCurrieRealIncome
ipacIncomeGenerator
RAREInfrastructureValue
SchroderRealReturn
SuperEasyProperty
Single-Sectorinvestmentoptions
UBSClarionGlobalPropertySecurities
Australianshares
Alternativestrategies
AlphinityAustralianShare
InvescoGlobalTargetedReturns
AMPCapitalEquityIncomeGenerator
SuperEasyAlternative
Ausbil130/30Focus
Diversifiedfixedinterest
AusbilAustralianActiveEquity
PIMCODiversifiedFixedInterest
DNRCapitalAustralianEquitiesHighConviction
SpecialistDiversifiedFixedIncome
LazardAustralianEquity
Australianfixedinterest
LeggMasonMartinCurrieEquityIncome
AMPAustralianBond
PendalAustralianEquity
9
Choiceinvestmentoptions
AMPCapitalCorporateBond
MacquarieIncomeOpportunities
SchroderFixedIncome
SuperEasyAustralianFixedInterest
Globalfixedinterest
SuperEasyInternationalFixedInterest
Specialistfixedinterest
ABDynamicGlobalFixedIncome
BenthamGlobalIncome
Termdeposits
SuperEasyTermDeposits
(1)Theseinvestmentoptionsareclosedtonewinvestors.Ifyou
switchallofyourmoneyoutofanyoftheseinvestmentoptions,
youcannotatalaterdateelecttoinvestintheinvestment
option.
10