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  5. AMP - Flexible Income Plan - AMP Balanced Growth - Managed fund profile

AMP - Flexible Income Plan - AMP Balanced Growth - Managed Fund

Fund Objective
To provide moderate to higher returns over the medium to long term through a portfolio diversified across all asset types, but with an emphasis on shares and property.
Fund Strategy
The Funds benchmark asset allocation and ranges are: 5% Cash (0-20%), 5% International Fixed Interest (0-15%), 15% Australian Fixed Interest (5-25%), 7% Listed Property (0-15%), 6% Direct Property (2-10%), 6% Alternative Assets (0-10%), 21% International Shares (15-35%) and 35% Australian Shares (25-45%).

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.16% 1.71% 7.06% 19.08% 10.02% 4.58% 5.72% 6.44%
Growth return -0.16% 1.71% 7.06% 19.08% 10.02% 4.58% 5.72% 6.44%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Income Plan - AMP Balanced Growth
Australian Equities
29.03%
International Equities
41.96%
Cash
4.96%
Property
4.25%
Fixed Interest
19.80%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
AMP - Flexible Income Plan - AMP Balanced Growth
AMP1184AU
Multisector Growth
starstarstar (as at 31 Oct 2024)
Allocated Pension
8 Dec 2007
$2.89 million (as at 31 Dec 2019)
$8.51512 (as at 21 Nov 2024)
$8.47254 (as at 21 Nov 2024)
Open
Offer information
Type Description
MER 1.88% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 1.88% (as at 30 Jun 2016)
Performance fee (not included in ICR) 0.05
Minimum initial investment

Top 10 holdings (as at 30 Sep 2023)

Holding (as at 30 Sep 2023) Type % of Portfolio
Macquarie Australian Enhanced Index Share Fund Class C Ipac Mutual Fund - Unspecified 27.61%
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FAQs about the AMP - Flexible Income Plan - AMP Balanced Growth

The objective of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is To provide moderate to higher returns over the medium to long term through a portfolio diversified across all asset types, but with an emphasis on shares and property.

The strategy of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is The Funds benchmark asset allocation and ranges are: 5% Cash (0-20%), 5% International Fixed Interest (0-15%), 15% Australian Fixed Interest (5-25%), 7% Listed Property (0-15%), 6% Direct Property (2-10%), 6% Alternative Assets (0-10%), 21% International Shares (15-35%) and 35% Australian Shares (25-45%).

The APIR code of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is AMP1184AU.

AMP - Flexible Income Plan - AMP Balanced Growth’s total return last month was -0.16%. This was made up of a growth return of -0.16% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

AMP - Flexible Income Plan - AMP Balanced Growth’s total return for the last three months was 1.71%. This was made up of a growth return of 1.71% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

AMP - Flexible Income Plan - AMP Balanced Growth’s one-year total return is 19.08%. This was made up of a growth return of 19.08% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

AMP - Flexible Income Plan - AMP Balanced Growth’s one-year total return is 4.58%. This was made up of a growth return of 4.58% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is :

Australian Equities
29.03%
International Equities
41.96%
Cash
4.96%
Property
4.25%
Fixed Interest
19.80%
Alternatives
0%

The AMP - Flexible Income Plan - AMP Balanced Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Dec 2019, the size of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund was $2.89 million.

The AMP - Flexible Income Plan - AMP Balanced Growth managed fund has an inception date of 8 Dec 2007.

The current entry price of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is $8.51512 per unit and the current exit price is $8.47254 per unit (as at 21 Nov 2024).

The current exit price of the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is $8.47254 per unit and the current entry price is $8.51512 per unit (as at 21 Nov 2024).

The minimum initial investment amount for the AMP - Flexible Income Plan - AMP Balanced Growth managed fund is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.