GGF literature – keeping you in the picture
We have produced a number of documents for Offshore With-Profits and Guaranteed
Growth Fund investors. Both of these investments are part of Clerical Medical Investment
Group Limited's With-Profits Fund, and the operation of this fund has a direct impact
on your investment. Under a reinsurance agreement we pass a part of each investment
to Clerical Medical Investment Group Limited to be invested in its Guaranteed Growth
Fund. When an investor takes money out of the Guaranteed Growth Fund, Clerical Medical
Investment Group Limited passes back the amount payable out of its Guaranteed Growth
Fund. In this way policies invested in the Guaranteed Growth Fund may share in the
profits earned in the Clerical Medical Investment Group Limited Guaranteed Growth
Fund.
The contents of these documents are summarised below so you can decide which one
is suitable for your enquiry.
Clerical Medical Investment Group Limited’s PPFM goes into great detail, focusing
on the standards, methods and controls it adopts to ensure it runs the With-Profits
Fund robustly and fairly. It also explains how it responds to changes in the business
and economic environment. The PPFM annual report details how the with-profits fund
has been managed in line with the PPFM.
This With-Profits summary (Offshore version) is designed to provide an overview
of how investments in the Offshore With-Profits and Guaranteed Growth Funds work,
including an explanation of the various features of the Funds. These include Market
Value Adjuster, regular and terminal bonuses. This summary is a simplified version
of the PPFM.
These documents provide information on the assets and their performance for investments
in the Offshore With-Profits and Guaranteed Growth Funds.
Click on the links below for the Principles and Practices of Financial Management,
and the offshore versions of the With-Profits summary and With-Profits Investment
fact sheets.
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Free download so you can view the
document in pdf format.
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