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  5. AMP - Flexible Lifetime Investments - Fidelity Global Equities - Managed fund profile

AMP - Flexible Lifetime Investments - Fidelity Global Equities - Managed Fund (Closed)

Fund Objective
The fund's objective is to deliver long-term dividend growth and capital appreciation. The target is to exceed the MSCI All Country World ex Australia Index by 2.5% pa after all fees and expenses on a rolling 5 year basis.
Fund Strategy
The fund would suit clients looking for exposure to an equity portfolio comprised of growing companies with high quality names and with above average dividend growth.

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 -1.19% 4.17% -5.91% -12.26% 4.14% 5.72% 8.67% 12%
Growth return -24.32% -20.21% -35.09% -39.47% -19.13% -16.36% -9.73% -2.23%
Income return 23.13% 24.38% 29.18% 27.21% 23.27% 22.08% 18.4% 14.23%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.92% 2.14% 10.2% 29.31% 20.19% 11.39% 13.27% 13.18%
As at 30 Sep 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - Fidelity Global Equities
International Equities
78.29%
Cash
20.80%
Property
0.91%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.09%
Cash
2.53%
Property
1.51%
Australian Equities
2.65%
Fixed Interest
0.12%
Alternatives
0.09%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - Fidelity Global Equities
Closed
IPAC Asset Management Limited
AMP0846AU
Equity World Large Growth
starstarstar (as at 30 Sep 2022)
Investment Fund
23 Mar 2004
$2.57 million (as at 31 Aug 2022)
$0.54274 (as at 30 Sep 2022)
$0.54084 (as at 30 Sep 2022)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 2.20% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 2.17% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Aug 2022)

Holding (as at 31 Aug 2022) Type % of Portfolio
Microsoft Corp Equity 6.22%
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FAQs about the AMP - Flexible Lifetime Investments - Fidelity Global Equities

The objective of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is The fund's objective is to deliver long-term dividend growth and capital appreciation. The target is to exceed the MSCI All Country World ex Australia Index by 2.5% pa after all fees and expenses on a rolling 5 year basis.

The strategy of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is The fund would suit clients looking for exposure to an equity portfolio comprised of growing companies with high quality names and with above average dividend growth.

The APIR code of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is AMP0846AU.

AMP - Flexible Lifetime Investments - Fidelity Global Equities’s total return last month was -1.19%. This was made up of a growth return of -24.32% and an income return of 23.13%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - Fidelity Global Equities’s total return for the last three months was 4.17%. This was made up of a growth return of -20.21% and an income return of 24.38%%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - Fidelity Global Equities’s one-year total return is -12.26%. This was made up of a growth return of -39.47% and an income return of 27.21%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - Fidelity Global Equities’s one-year total return is 5.72%. This was made up of a growth return of -16.36% and an income return of 22.08%. These returns were calculated as at 30 Sep 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is :

International Equities
78.29%
Cash
20.80%
Property
0.91%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund belongs to the Equity World Large Growth sector/asset class.

As at 31 Aug 2022, the size of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund was $2.57 million.

The AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund has an inception date of 23 Mar 2004.

The current entry price of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is $0.54274 per unit and the current exit price is $0.54084 per unit (as at 30 Sep 2022).

The current exit price of the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is $0.54084 per unit and the current entry price is $0.54274 per unit (as at 30 Sep 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - Fidelity Global Equities managed fund is $1,500. Minimum additional investment is $500.

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.