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  5. AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced - Managed Fund (Closed)

Fund Objective
The portfolio aims to achieve a rate of return above inflation after costs over a 5 year period.
Fund Strategy
To provide moderate to high returns over the long-term through a diversified portfolio, with a bias towards growth assets such as shares, property and alternative assets.

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 -2.41% -1.12% 0.89% 7.2% -1.26% 4.63% 3.3% 5.44%
Growth return -2.5% -1.21% -0.87% 5.18% -5.86% -1.04% -2.91% 0.27%
Income return 0.09% 0.09% 1.76% 2.02% 4.6% 5.67% 6.21% 5.17%
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 30 Sep 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced
Australian Equities
25.75%
International Equities
48.47%
Cash
1.30%
Property
4.23%
Fixed Interest
19.67%
Alternatives
0.58%
Average Allocation of Peers
Australian Equities
27.52%
International Equities
34.02%
Cash
5.63%
Property
6.78%
Fixed Interest
21.64%
Alternatives
4.40%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced
Closed
IPAC Asset Management Limited
AMP1412AU
Multisector Growth
starstarstar (as at 30 Sep 2023)
Investment Fund
1 Jul 2010
$1.85 million (as at 30 Sep 2023)
$1.18384 (as at 30 Oct 2023)
$1.181 (as at 30 Oct 2023)
Finalised
Offer information
Type Description
MER 2% (as at 30 Jun 2023)
Indirect Cost Ratio (ICR) 1.84% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.03
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced

The objective of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is The portfolio aims to achieve a rate of return above inflation after costs over a 5 year period.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is To provide moderate to high returns over the long-term through a diversified portfolio, with a bias towards growth assets such as shares, property and alternative assets.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is AMP1412AU.

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced’s total return last month was -2.41%. This was made up of a growth return of -2.5% and an income return of 0.09%. These returns were calculated as at 30 Sep 2023.

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced’s total return for the last three months was -1.12%. This was made up of a growth return of -1.21% and an income return of 0.09%%. These returns were calculated as at 30 Sep 2023.

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced’s one-year total return is 7.2%. This was made up of a growth return of 5.18% and an income return of 2.02%. These returns were calculated as at 30 Sep 2023.

AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced’s one-year total return is 4.63%. This was made up of a growth return of -1.04% and an income return of 5.67%. These returns were calculated as at 30 Sep 2023.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is :

Australian Equities
25.75%
International Equities
48.47%
Cash
1.30%
Property
4.23%
Fixed Interest
19.67%
Alternatives
0.58%

The Responsible Entity for the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2023, the size of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund was $1.85 million.

The AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund has an inception date of 1 Jul 2010.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is $1.18384 per unit and the current exit price is $1.181 per unit (as at 30 Oct 2023).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced managed fund is $1.181 per unit and the current entry price is $1.18384 per unit (as at 30 Oct 2023).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Future Directions Balanced 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.