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Guaranteed Growth Funds

Introduction to the Guaranteed Growth Funds

The Guaranteed Growth 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.


The Guaranteed Growth Fund 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 Guaranteed Growth Fund, when a guarantee doesn't apply, could mean you get back less than you invested.


With effect from October 2017, our internal Guaranteed Growth Funds are no longer available to open-architecture Portfolio Bond products such as Corporate Investor, Global Investor and Portfolio Bond.