After deducting the policy (or top-up) fee, your payment is used to buy units in your choice of one or more of the funds available for linking under the Plan.
The MSV With-Profits fund is invested in a range of investments including shares, bonds, property and short-term assets. The mix of these assets is determined by MSV with the objective of maximising the rate of return whilst preserving the real capital value of the investments.
You can switch your holdings in and out of various funds to change the mix of investments, but you may be charged a switch fee, if applicable.
Your choice of funds should be based on the information provided in the relevant prospectus of the underlying fund.