Capital Guaranteed

Overview

This option ensures the security of capital and limits year-to-year variations in returns.

Special note: It is the Trustees’ intention that this option will be invested in the AMP Capital Guaranteed Superannuation Fund within the AMP Statutory Fund No 1, managed by AMP Life Limited (AMP). AMP guarantees that contributions and their accumulated earnings will not be reduced by negative investment returns or any reduction in the value of underlying assets. The asset allocation is determined by AMP. However, as of 12 December 2008, from time to time, some of the option may be invested in bank deposits with Australian Authorised Deposit Taking Institutions. It is the Trustees’ intention that any bank deposit investments held within the option will be covered by the Commonwealth Government’s bank deposit guarantee, announced on 12 October 2008 to apply for a three-year period from that date.

Most suitable for

Members seeking to maintain the capital value of their investment over any time period while earning a rate of return similar to that of bank bills or from a cash management trust.