AMP MySuper

Investors are invested into an AMP MySuper lifecycle investment option according to their date of birth. The investment strategy of each option differs based on the age of the members in each option.

For example, younger investors such as those in the 1990s and 1980s options will have higher exposure to growth assets such as shares as they have a long time before retirement and can afford to take more risk (and need to do so to grow their super balance).

For older investors nearer or in retirement, their lifecycle options – such as the 1950s and Capital Stable options – will hold less growth assets and more defensive assets such as bonds and cash, in order to reduce risk and protect the capital they have built over their working lives.

Each option follows a glide path, which indicates the appropriate allocation to growth assets at every age.

By following the glide path, the mix (or allocation) between growth and defensive assets will gradually and progressively change with age and as investors move towards retirement. This provides peace of mind regarding superannuation allowing investors to feel confident by remaining in one option over their entire working life.

The glide path determines the appropriate investment mix of the lifecycle option throughout an investors working life. The glide path reduces the exposure to growth assets and increases the exposure to defensive assets as the investors in each lifecycle option move closer to retirement.

MySuper is a simple default investment option for your employees. It is intended by the government to make comparing super products easier based on key differences like cost and investment performance. MySuper authorised means it meets the specific standards set under legislation, including fee structures and generally a basic level of insurance coverage.

If your employees don’t select an investment option, you need to pay their contributions into a MySuper investment option like this one.

The AMP MySuper investment option takes the hard work out of deciding how to invest your super, by providing the simplicity of a single investment option tailored for your age group. During your younger years the investment strategy seeks higher returns through greater exposure to growth assets such as shares. As you approach retirement, the investment aim is to reduce risk and preserve capital, so the asset allocation mix shifts to more stable defensive assets. The AMP MySuper investment option is suitable for members who do not want to actively choose an investment option and who are seeking to grow their super.

Risks specific to the fund may include or be associated with share market investments, international investments, alternative assets, interest rates, credit, property investments, derivatives and liquidity. Please read the fund’s Product Disclosure Statement for more information.

AMP MySuper can be accessed by investing in certain superannuation products issued by AMP Superannuation Limited or NM Superannuation Pty Limited. For further information about how to invest, contact your state account manager or corporate super key account manager.