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

AMP - Flexible Income Plan - Managed - Managed Fund (Closed)

Fund Objective
To provide a return (net of investment tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class and is competitive with comparable funds that have similar risk characteristics and allocation to defensive assets of 65% to 75%.
Fund Strategy
To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest.

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 -0.38% 0.53% 4.52% 3.06% 5.06% 4.95% 6.85% 6.49%
Growth return -0.38% 0.53% 4.52% 3.06% 5.06% 4.95% 6.85% 6.49%
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 28 Feb 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Income Plan - Managed
Australian Equities
30.43%
International Equities
25.16%
Cash
4.77%
Property
13.79%
Fixed Interest
25.85%
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 - Managed
Closed
NML0170AU
Multisector Growth
starstarstar (as at 31 Jan 2021)
Allocated Pension
1 Sep 1998
$0 million (as at 31 Dec 2023)
$55.1939 (as at 28 Feb 2021)
$55.0481 (as at 28 Feb 2021)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.77% (as at 30 Jun 2016)
Minimum initial investment $1,000.00

FAQs about the AMP - Flexible Income Plan - Managed

The objective of the AMP - Flexible Income Plan - Managed managed fund is To provide a return (net of investment tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class and is competitive with comparable funds that have similar risk characteristics and allocation to defensive assets of 65% to 75%.

The strategy of the AMP - Flexible Income Plan - Managed managed fund is To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest.

The APIR code of the AMP - Flexible Income Plan - Managed managed fund is NML0170AU.

AMP - Flexible Income Plan - Managed’s total return last month was -0.38%. This was made up of a growth return of -0.38% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

AMP - Flexible Income Plan - Managed’s total return for the last three months was 0.53%. This was made up of a growth return of 0.53% and an income return of 0%%. These returns were calculated as at 28 Feb 2021.

AMP - Flexible Income Plan - Managed’s one-year total return is 3.06%. This was made up of a growth return of 3.06% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

AMP - Flexible Income Plan - Managed’s one-year total return is 4.95%. This was made up of a growth return of 4.95% and an income return of 0%. These returns were calculated as at 28 Feb 2021.

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

Australian Equities
30.43%
International Equities
25.16%
Cash
4.77%
Property
13.79%
Fixed Interest
25.85%
Alternatives
0%

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

As at 31 Dec 2023, the size of the AMP - Flexible Income Plan - Managed managed fund was $0 million.

The AMP - Flexible Income Plan - Managed managed fund has an inception date of 1 Sep 1998.

The current entry price of the AMP - Flexible Income Plan - Managed managed fund is $55.1939 per unit and the current exit price is $55.0481 per unit (as at 28 Feb 2021).

The current exit price of the AMP - Flexible Income Plan - Managed managed fund is $55.0481 per unit and the current entry price is $55.1939 per unit (as at 28 Feb 2021).

The minimum initial investment amount for the AMP - Flexible Income Plan - Managed managed fund is $1,000.

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.