CPIplus’ assets are invested in the same pool as our Balanced (Pension phase) option. The assets of the Balanced option in the accumulation and TTR phases are also invested in the same pool.
As CPIplus’ return is set in advance, its returns are not affected by the returns on the underlying investments. Instead, the Balanced option in the accumulation phase receives any excess market returns generated by CPIplus assets. The Balanced option in the accumulation phase will also make up any shortfall if the CPIplus investment returns do not reach the predetermined return.