This approach, known as lifecycle investing, delivers an investment strategy that continuously evolves to align with the changing stages of an investor's life.

This investment option is an age-based investment, meaning that the strategy of this investment option will change progressively over an investor's lifetime to meet the objective of the average investor born during the 1960s.

2.5% above the Consumer Price Index, after fees and superannuation tax, over the suggested investment timeframe.

2.5% above the Consumer Price Index, after fees and superannuation tax, over the suggested investment timeframe.

It takes the hard work out of deciding how to invest your savings by providing the simplicity of a single investment choice. This investment option is an age-based investment, meaning that the strategy of this investment option will change progressively over an investor's lifetime to meet the objective of the average investor born during the 1960s. For investors approaching retirement, investments will focus more on preserving the capital may be partially or fully hedged back to Australian dollars. Subject to certain conditions, the underlying investments may use derivatives (such as options, futures, forwards and swaps) and engage in short selling.

Benifits - Generations VS Direct Investments

Fees

Investment fee 0.45% pa of the balance of your cash account.

For portfolio balances less than $20,000, a small account fee of $91 pa applies (Personal Super only). The small account fee may increase each year in line with changes in the CPI.

Investment Option Overview
Investment category - Multi-Sector
Suggested minimum investment timeframe -10 years
Relative risk rating - High
Investment style - Active
Manager style - Multi-manager

Product features
Regular savings plan: Personal, spouse and other third party contributions can be made to your super account via direct debit from your bank account fortnightly, monthly, quarterly, half-yearly or yearly.

Cash account: A flexible working cash accountthat allows you to specify the minimum and target amounts to be held in your cash account.

Income: Income distributions for each investment option where applicable will be reinvested as additional units in the investment option. Exceptions may apply. Interestfrom your cash account will be credited to your cash account. Refer to income within the investing in Generations Personal Super and Personal Pension section for more details.

Investment switching: You can switch all or part of your portfolio between the full range of investment options available at any time. There is no limit on the number of switches you can make each year.

Investment instructions: You can arrange automatic buying and selling ofinvestment options via your cash account. You can also specify instructions to rebalance your investments.

Payment of benefits on death: To assist with your estate planning you may nominate beneficiaries to receive your benefit in the event of your death, through a:
– binding death benefit nomination
– non-lapsing binding death benefit nomination
– non-binding death benefit nomination
– reversionary pension.
Your financial adviser can help you to choose the best method for your particular circumstances.

BPAY®, EFT and ad hoc direct debit: Personal, spouse and other third party contributions can be made to your super account using direct debit via
North Online. You can also use an EFT or BPAY facility provided by your bank.

Fast payment: We may advance payment of partial withdrawals up to 80% of your account value without awaiting sale
proceeds from the investment options. Restrictions may apply.

Contribution splitting: You may elect to split your super contributions with your spouse.