LV= Smoothed Bond charges
Understand your investment bond charges
LV= Smoothed Bond investments
If you already have a LV= Smoothed Bond with a guarantee, the charge for this will be shown in your product documentation or yearly statement.
- If you‘re thinking of investing in a Smoothed Managed Funds Bond Series 1 and purchasing a new guarantee, or you already have a bond and your current guarantee term is ending soon, the tables below show the current charges for new guarantees.
- The guarantee choices available to you will depend on the date your bond started.
- The charges for buying a new guarantee can change at any time, but once you've bought a guarantee its charge will not change during the guarantee term.
- Guarantees are bought at an extra monthly cost and are explained fully within the product documentation.
Did you invest in or after June 2021?
If you invested in June 2021, or after and your Bond Conditions reference is LV=SMB (03/22) the following guarantee option is available:
| Fund | 10 year |
|---|---|
| Smoothed Managed Cautious | 1.0% |
| Fund | 10 year |
|---|---|
| Smoothed Managed Cautious | 1.0% |
Guarantee charges for existing investments in Flexible Guarantee Bond (all Series):
Did you invest between 12 June 2017 and June 2021?
If you invested on or after 12 June 2017 and your Bond Conditions reference is FGB(S3)1 you can choose from the following guarantee terms:
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.4% | 1.2% | 1.0% |
| Balanced Series 2 | N/A | N/A | 1.3% |
| Managed Growth | N/A | N/A | 1.5% |
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.4% | 1.2% | 1.0% |
| Balanced Series 2 | N/A | N/A | 1.3% |
| Managed Growth | N/A | N/A | 1.5% |
Did you invest between 22 October 2012 to 11 June 2017?
If you invested between 22 October 2012 and 11 June 2017 and your bond conditions have the reference FGB2(1) or FGB2(2), then you can choose from the following guarantee terms:
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.2% | 0.9% | 0.7% |
| Balanced Series 2 | N/A | N/A | 1.0% |
| Managed Growth | N/A | N/A | 1.7% |
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.2% | 0.9% | 0.7% |
| Balanced Series 2 | N/A | N/A | 1.0% |
| Managed Growth | N/A | N/A | 1.7% |
Did you invest between 20 August 2012 and 5 September 2014?
If you invested between 20 August 2012 and 5 September 2014 and your bond conditions have the reference FGB3, then you can choose from the following guarantee terms:
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.2% | 0.9% | 0.7% |
| Balanced Series 2 | N/A | N/A | 1.0% |
| Managed Growth | N/A | N/A | 1.7% |
| Fund | 8 year | 9 year | 10 year |
|---|---|---|---|
| Cautious Series 2 | 1.2% | 0.9% | 0.7% |
| Balanced Series 2 | N/A | N/A | 1.0% |
| Managed Growth | N/A | N/A | 1.7% |
Did you invest between 9 August 2010 and 17 August 2012?
If you invested between 9 August 2010 and 17 August 2012 and your bond conditions have the reference FGB2, then you can choose from the following guarantee terms:
| Fund | Guarantee (yrs) | Charge |
|---|---|---|
| Cautious Series 2 | 5 | 1.0% |
| Balanced Series 2 | 5 | 2.0% |
| Fund | Guarantee (yrs) | Charge |
|---|---|---|
| Cautious Series 2 | 5 | 1.0% |
| Balanced Series 2 | 5 | 2.0% |
Did you invest between 18 August 2009 and 6 August 2010?
If you invested between 18 August 2009 and 6 August 2010 and your bond conditions have the reference FGB1, then you can choose from the following guarantee terms:
| Fund | Guarantee (yrs) | Charge |
|---|---|---|
| Cautious Series 2 | 5 | 1.0% |
| Balanced Series 2 | 5 | 2.0% |
| Managed Growth | 5 | 2.75% |
| Fund | Guarantee (yrs) | Charge |
|---|---|---|
| Cautious Series 2 | 5 | 1.0% |
| Balanced Series 2 | 5 | 2.0% |
| Managed Growth | 5 | 2.75% |