Offshore With-Profits Fund
Introduction to the Offshore With-Profits Fund
The Offshore With-Profits Fund is a part of the Clerical Medical With-Profits Fund. Depending on the currency of investment, separate groups of assets are used to set bonus levels for different groups of investors, investing in different series of with-profits funds.
Offshore With-Profits is a medium to long-term investment designed to generate capital growth and provide some guarantees over the medium to long term and also provide some stability against market ups and downs in the short term. Guarantees vary between products and funds. Withdrawals from the Offshore With-Profits Fund, when a guarantee doesn't apply, could mean you get back less than you invested.
With effect from October 2017, our internal Offshore With-Profits Funds are no longer available to open-architecture Portfolio Bond products such as Corporate Investor, Global Investor and Portfolio Bond.