Plan at a glance
Generations Investment Portfolio provides a simple way to generate wealth by giving you a single access point to a range of investment options.
Investing
| Minimum initial investment | $2,000 |
| Minimum additional investment | $500 (excluding regular savings plan) |
| Regular savings plan | - $50 per fortnight or per month - $250 per quarter Subject to a minimum of $50 per investment option |
| Investment option minimums for additional investments | - $50 if you currently invest in the option - $500 if you do not currently invest in the investment option |
| Minimum withdrawal | $500 |
| Minimum switch | $500 (excluding auto-rebalancing) |
| Minimum total investment portfolio balance | $1,500 |
| Minimum balance per investment option | $500 |
Product features
| Regular Savings Plan | Via direct debit from your bank account fortnightly, monthly or quarterly |
| Auto-re-balancing | If selected, this feature will rebalance your investments half-yearly or annually |
| Income distributions | Income distributions for each investment option are automatically reinvested |
| Investment switching | You can switch all or part of your investment portfolio between investment options at any time |
| Fax and email transaction facility | Enables the convenience of issuing instructions to us by fax or email |
Investment options
| Investment options | You can select from a range of multi-manager and single manager investment options. Please refer to the Generations Investment Options PDS for details. |
Insurance options
| Available cover | Death |
| Death/Total & Permanent Disablement (TPD) | |
| Salary Continuance | |
| Maximum cover | Death:unlimited |
| TPD: $2 million | |
| Salary Continuance: 75% of the first $320,000 of salary |
Please note: The insurance options are issued by AXA via the Generations Insurance PDS. The PDS should be considered when deciding whether to acquire this product. The PDS is available from your financial adviser, from www.axa.com.au or by calling us on 1800 622 772
Reporting
| Online access | You can view your account information, including investment portfolio valuation and transaction history at any time at www.summitservice.com.au |
| Quarterly Statements | You will receive a quarterly statement detailing your account balance, asset allocation, transaction summary and insurance details (if applicable) |
| Annual Tax Statement | You will receive a consolidated annual tax statement to assist with the completion of your annual tax return |
If you have any questions in relation to any of the above please contact AXA on 131 737.
Important Information
This publication has been prepared by the operator, NMMT Limited ABN 42 058 835 573 AFS Licence no. 234653 (NMMT) to provide you with general information only. It is not intended to take place of professional advice and you should not take action on specific issues in reliance on this information. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision you need to consider (with or without assistance of a financial adviser) whether this information is appropriate to your needs, objectives and circumstances. You should obtain a current copy of the Generation Investment Portfolio IDPS guide and the Generations Investment Options Product Disclosure Statement (PDS) before making a decision to invest through this service. Copies of the IDPS Guide and Product Disclosure Statement can be obtained free of charge from your financial adviser or by calling 1800 622 772. Application for investments in Generations Investment Portfolio will only be accepted on receipt of an application form accompanying a current Generations Investment Portfolio IDPS Guide and Product Disclosure Statement. Unless specifically stated, the repayment of capital or performance of our investments is not guaranteed. This information is provided for persons in Australia only and is not intended for the use of any person who is in any other country.
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As at 30th March 2011, AXA Asia Pacific Holdings Limited and all of its Australian and New Zealand subsidiaries ceased to be members of the Global AXA Group and became members of the AMP Group.
