MyNorth at a glance - AMP

1 MyNorth at a glanceMyNorth helps you confidently reach every customer s goalsMyNorth is our commitment in keeping our product solutions competitive and contemporary so you can efficiently help your clients own their offers: Super, pension and investment products to help your clients achieve their financial goals Competitive and flexible fees so you can attract a broader range of clients An extensive menu of quality investments, including over 360 managed funds, direct shares and cash options like term deposits North Online s full suite of functionality, tools and reporting Access to AMP Elevate insurance s award-winning1 suite of insurance options MyNorth guarantees that offer capital protection with upside Five star CANSTAR rating 2015, Outstanding Value for AMP Elevate insurance Term Life.

2 September optionsSelectCoreSimple choicesLow costChoiceSophisticated choicesPay more for more featuresSelectCoreSimple choicesLow costChoiceSophisticated choicesPay more for more featuresSelectCoreSimple choicesLow costChoiceSophisticated choicesPay more for more featuresCoreSelectChoiceLow fee menuSuitable for clients looking for low-cost menu includes MyNorth Dynamic Balanced Fund and MyNorth Index investment options to suit most clientsSuitable for clients looking for well-priced diversified, single sector and cash menu includes the cash account, term deposits and a range of multi and single-sector funds as well as unique goals-based choice for clientsSuitable for clients looking for all the features of a sophisticated over 360 diversified and single-sector options, MyNorth mandated funds and listed and competitive administration feeMyNorth s competitive and flexible fee structure allows you to attract clients early in their wealth journey with low-cost advice solutions, and continue to support them as their needs grow and they require a sophisticated s administration fees have been structured on a competitive back-to-dollar-one basis.

3 That is, the relevant administration fee is applicable to the entire portfolio value ($)(i)Investment menuCore (% pa)Select (% pa)Choice (% pa)Super & Pension(ii)Choice (% pa)IDPS(ii)0 149, (iii) ,000 249, ,000 399, ,000 749, ,000+(iv) (i) Total portfolio value includes all accounts held by your client in MyNorth Super and Pension and MyNorth Investment as well as North Personal Super and Personal Pension and North Investment.(ii) Selected investment options on the Choice menu are eligible for a discount on the administration fee. Refer to the current MyNorth investment options document for eligible investment options and discount rates.(iii) The Core administration fee rate will be 0% pa if your client invests only in investment options from the Core menu.

4 If they also invest in investment options on the Select menu (excluding the cash account) or Choice menu in any MyNorth Super, MyNorth Pension or MyNorth Investment accounts, their Core administration fee rate will be pa. Regardless of which fee rate applies, the portion of your client s account value in the cash account will be charged at the Select menu rate applicable to your portfolio value.(iv) The maximum administration fee (inclusive of account fee if applicable) your client can incur: across all MyNorth Super and Pension accounts held by your client is $4,500 pa across all MyNorth IDPS accounts held by your client is $4,500 use only2 MyNorth guaranteesOn a specific range of investment options, MyNorth guarantees can also provide your clients protection on their capital or Protected Investment GuaranteeMyNorth Protected Investment Guarantee option (available over 6 and 8 year terms) guarantees to return all initial capital, all contributions, plus will lock in any growth as a result of positive investment performance every two Protected Growth GuaranteeMyNorth Protected Growth Guarantee option (available over 10 and 20 year terms)

5 Guarantees to return all initial capital, all contributions, plus will lock in any growth as a result of positive investment performance each Protected Retirement GuaranteeMyNorth Protected Retirement Guarantee allows your clients to remain invested in the assets of their choice while still providing the security of a guaranteed retirement income for details on the optional guarantees can be found in the MyNorth Super and Pension Guarantee product disclosure statement (PDS) or MyNorth Investment Guarantee feeA fee applies if a guarantee is selected. The guarantee fee is charged as a percentage of the Account Value (see the table below).Protected Investment Guarantee Super, pension and investmentInvestment Strategy: Moderately Defensive (% pa)Investment Strategy: Balanced (% pa)6 year year Growth GuaranteeSuper, pension and investmentInvestment Strategy: Moderately Defensive (% pa)Investment Strategy: Balanced (% pa)Investment Strategy: Growth (% pa)10 year year Retirement GuaranteeSuper and pension onlyInvestment Strategy: Moderately Defensive (% pa)Investment Strategy.

6 Balanced (% pa) MyNorth differenceMyNorth key featuresTransactionsMinimum initial investment$2,000 Minimum additional ad hoc investment(i)$0 Maximum investment$2 million(ii) (if a Guarantee is selected)Minimum ad hoc withdrawal$0 Minimum buy and/or sell of investment options$100 for managed funds/$1,000 for listed securitiesMinimum account value$2,000 Cash account balanceA flexible working cash account allows clients to specify the minimum and maximum amounts to be held.(i) Superannuation only.(ii) Account balances greater than $2 million require individual approval where a Guarantee is featuresWithout a GuaranteeWith a GuaranteeRegular savings plan(iii)The minimum ongoing amount is $10 per payment for a MyNorth Super or Investment account via direct debit from a bank account fortnightly, monthly, quarterly, half-yearly or distributions(iv), dividends and interest for each investment option, where applicable, will be credited to your client s cash account or paid via the cash account to their bank account for pension clients, unless otherwise switchingClients can switch all or part of their portfolio between the full range of investment options available at any time.

7 There is no limit on the number of switches clients can make each can switch between the specified range of investment options in accordance with their selected Investment Strategy up to six times each instructionsClients can arrange to have investment instructions for buying and selling investment options to and from their cash investment instructions must be within the investment options available within their nominated Investment Strategy. Investments will be sold in proportion to your client s account cost averagingAllows clients to invest a set dollar amount into the market at regular intervals.(iii) Superannuation only.(iv) Unless otherwise indicated in the MyNorth investment options document or underlying investment option features (continued)Without a GuaranteeWith a GuaranteeHow will the benefit be paid upon death?

8 Clients may nominate a beneficiary or beneficiaries through a: binding death benefit nomination non-binding death benefit nomination , or reversionary pension (can only be selected at the commencement of a MyNorth Pension account).Protected Investment and Protected Growth Guarantees If reversionary is selected in pension, the Guarantee will transfer to the Retirement Guarantee If a spouse is selected as a Guaranteed Joint Life the guaranteed income payment will continue with the spouse for their investment payment optionsBpay , EFT, cheque, and ad hoc direct debit. Registered to Bpay Ltd ABN 690 791 375 18 Investment optionsWithout a GuaranteeWith a GuaranteeInvestment optionsAn extensive list of multi-manager and single manager funds, listed securities, exchange traded funds (ETFs), exchanged traded commodities (ETCs), Australian real estate investment trusts (AREIT) and term tailored investment menu is available providing access to three investment strategies: moderately defensive balanced growthInsurance offered by AMPAMP Elevate insuranceLife insurance with additional options benefits including.

9 Future insurability Total and Permanent Disability (TPD) Activities of Daily Living (ADL) TPD Business Solutions life Premium Waiver, and Income ProtectionFees(v)Without a GuaranteeWith a GuaranteeAccount fee(vi)$0 or $91 paN/AAdministration to pa of your account value the actual rate will vary according to the value of your account and your choice of investment option. The maximum administration fee (inclusive of account fee if applicable) is: $4,500 per annum to a client s super and pension accounts. $4,500 per annum to a client s individual and joint accounts. $4,500 per annum per IDPS accounts for trust, companies and costsThese costs apply to the underlying investments selected by you and your client and are listed in the MyNorth Investment Options cost associated with purchasing or selling listed securities, charged at of the value of each trade, subject to a minimum fee of $ panel brokerIf you use a third-party broker, the brokerage fee negotiated between you and one of the approved third-party brokers plus a $ settlement a list of approved brokers and their terms and conditions please refer to North specie transfer feeTransfers in: The cost associated with transferring a listed security (including ETFs or property trusts) from outside of MyNorth to your account, charged at $ per asset per out.

10 The cost associated with transferring a listed security, ETF, ETC, AREIT or managed fund from your MyNorth account, to another provider. This is charged at $100 per asset per (v) All fees are inclusive of GST, less any reduced input tax credits, unless indicated.(vi) Account fee is not charged on accounts with a Guarantee or non-commutable allocated pension 02/16 For more information contact your business development representative or the North Service Centrephone 1800 655 655 1800 667 841web North Service Centre GPO Box 2915 MELBOURNE VIC 3001 What you need to know NMMT Limited. Consider the MyNorth Super and Pension product disclosure statement (PDS), and the MyNorth Investment investor directed portfolio services guide (IDPS) and your circumstances before deciding what s right for you.