Risk factors

All investments carry an element of risk. Please bear these points in mind:

• What you get back at any time will depend on the investment performance of the assets that make up your chosen fund(s).  The value of units that make up your policy can go down as well as up.  The returns you will receive are not guaranteed and you could get back less than you originally invested.
• The fund or funds you choose to invest in will have specific risks.  These risks are described in the booklet Portfolio Plus Funds Guide PDF.
• If you invest in a fund that invests in property, it may be necessary to defer encashment of units during periods when property is not easily sold.  The maximum delay is six months.  The value of property is generally a matter of the valuer’s opinion rather than fact.
• Different funds have different levels of charges.  If funds are switched at some point in the future, higher charges may be paid, which in turn, may affect the benefits payable from the policy.
• The law and tax rates may change in the future.
• Past performance is not an indicator of future performance.
• We can increase our charges but we will let you know before we make any change.
• If you cash the investment in and a surrender charge is applicable, the value of the policy will be reduced.