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  5. AMP - Flexible Lifetime Investments - S2 - Magellan Global - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Magellan Global - Managed Fund (Closed)

Fund Objective
The primary objectives are to achieve attractive risk-adjusted returns over the medium to long-term, while minimising the risk of permanent capital loss. The option aims to outperform the MSCI World Net Total Return Index over rolling five year periods before fees and taxes.
Fund Strategy
The primary objectives are to achieve attractive risk-adjusted returns over the medium to long-term, while minimising the risk of permanent capital loss. The option aims to outperform the MSCI World Net Total Return Index over rolling five year periods before fees and taxes.

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 7.92% 10.56% 4% -3.27% 2.22% 3.5% 9.27% -%
Growth return -79.45% -78.95% -82.3% -83.54% -62.16% -48.53% -28.65% -%
Income return 87.37% 89.51% 86.3% 80.27% 64.38% 52.03% 37.92% -%
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 - S2 - Magellan Global
International Equities
91.07%
Cash
6.57%
Property
2.36%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
93.18%
Cash
2.48%
Property
1.50%
Australian Equities
2.64%
Fixed Interest
0.11%
Alternatives
0.09%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Magellan Global
Closed
IPAC Asset Management Limited
AMP2041AU
Equity World Large Blend
starstarstarstar (as at 30 Sep 2022)
Investment Fund
1 Jul 2015
$0.83 million (as at 31 Aug 2022)
$0.19721 (as at 30 Sep 2022)
$0.19693 (as at 30 Sep 2022)
Finalised
Offer information
Type Description
MER 2.37% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,500.00
Minimum additional investments $500.00

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022) Type % of Portfolio
Microsoft Corp Equity 7.77%
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FAQs about the AMP - Flexible Lifetime Investments - S2 - Magellan Global

The objective of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is The primary objectives are to achieve attractive risk-adjusted returns over the medium to long-term, while minimising the risk of permanent capital loss. The option aims to outperform the MSCI World Net Total Return Index over rolling five year periods before fees and taxes.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is The primary objectives are to achieve attractive risk-adjusted returns over the medium to long-term, while minimising the risk of permanent capital loss. The option aims to outperform the MSCI World Net Total Return Index over rolling five year periods before fees and taxes.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is AMP2041AU.

AMP - Flexible Lifetime Investments - S2 - Magellan Global’s total return last month was 7.92%. This was made up of a growth return of -79.45% and an income return of 87.37%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Magellan Global’s total return for the last three months was 10.56%. This was made up of a growth return of -78.95% and an income return of 89.51%%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Magellan Global’s one-year total return is -3.27%. This was made up of a growth return of -83.54% and an income return of 80.27%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Magellan Global’s one-year total return is 3.5%. This was made up of a growth return of -48.53% and an income return of 52.03%. These returns were calculated as at 30 Sep 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is :

International Equities
91.07%
Cash
6.57%
Property
2.36%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund belongs to the Equity World Large Blend sector/asset class.

As at 31 Aug 2022, the size of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund was $0.83 million.

The AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund has an inception date of 1 Jul 2015.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is $0.19721 per unit and the current exit price is $0.19693 per unit (as at 30 Sep 2022).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Magellan Global managed fund is $0.19693 per unit and the current entry price is $0.19721 per unit (as at 30 Sep 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Magellan Global 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.