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  5. AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure - Managed fund profile

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure - Managed Fund (Closed)

Fund Objective
To provide total returns (income and capital growth) after costs and before tax, above the return of 20% of the S&P/ASX200 A-REIT Accumulation, 35% FTSE EPRA NAREIT Developed Net Total Return (hedged to the Australian dollar), 30% Dow Jones Brookfield Global Infrastructure Net Accumulation (hedged to the Australian dollar) and 15% Mercer/IPD Australian Pooled Property strategy indices on a rolling three-year basis.
Fund Strategy
The strategy provides exposure to a diversified portfolio of direct property, listed property and infrastructure securities, both in Australia and around the world. The portfolio may also invest in direct infrastructure from time to time and up to 10% in cash. The strategy diversifies its direct property and listed property and infrastructure securities exposure across a range of both active and passive strategies. Active strategies are diversified across a range of active investment managers by using a multi-manager approach.

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 6.34% 8.2% -3.04% -5.31% 6.27% -1.39% 3.4% 5.54%
Growth return -5.96% -4.31% -14.26% -22.66% -6.7% -13.01% -4.22% 0.81%
Income return 12.3% 12.51% 11.22% 17.35% 12.97% 11.62% 7.62% 4.73%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 31 Jan 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure
International Equities
0.39%
Cash
1.68%
Property
97.86%
Alternatives
0.08%
Australian Equities
0%
Average Allocation of Peers
International Equities
7.89%
Cash
1.75%
Property
89.83%
Alternatives
0.02%
Australian Equities
0.51%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure
Closed
IPAC Asset Management Limited
AMP1007AU
Equity Global Real Estate
starstarstarstar (as at 31 Jan 2023)
Investment Fund
16 Mar 2005
$4.42 million (as at 31 Jan 2023)
$0.74178 (as at 14 Feb 2023)
$0.73911 (as at 14 Feb 2023)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.77% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 1.98% (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

FAQs about the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure

The objective of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is To provide total returns (income and capital growth) after costs and before tax, above the return of 20% of the S&P/ASX200 A-REIT Accumulation, 35% FTSE EPRA NAREIT Developed Net Total Return (hedged to the Australian dollar), 30% Dow Jones Brookfield Global Infrastructure Net Accumulation (hedged to the Australian dollar) and 15% Mercer/IPD Australian Pooled Property strategy indices on a rolling three-year basis.

The strategy of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is The strategy provides exposure to a diversified portfolio of direct property, listed property and infrastructure securities, both in Australia and around the world. The portfolio may also invest in direct infrastructure from time to time and up to 10% in cash. The strategy diversifies its direct property and listed property and infrastructure securities exposure across a range of both active and passive strategies. Active strategies are diversified across a range of active investment managers by using a multi-manager approach.

The APIR code of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is AMP1007AU.

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure’s total return last month was 6.34%. This was made up of a growth return of -5.96% and an income return of 12.3%. These returns were calculated as at 31 Jan 2023.

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure’s total return for the last three months was 8.2%. This was made up of a growth return of -4.31% and an income return of 12.51%%. These returns were calculated as at 31 Jan 2023.

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure’s one-year total return is -5.31%. This was made up of a growth return of -22.66% and an income return of 17.35%. These returns were calculated as at 31 Jan 2023.

AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure’s one-year total return is -1.39%. This was made up of a growth return of -13.01% and an income return of 11.62%. These returns were calculated as at 31 Jan 2023.

The asset allocation of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is :

International Equities
0.39%
Cash
1.68%
Property
97.86%
Alternatives
0.08%
Australian Equities
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund belongs to the Equity Global Real Estate sector/asset class.

As at 31 Jan 2023, the size of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund was $4.42 million.

The AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund has an inception date of 16 Mar 2005.

The current entry price of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is $0.74178 per unit and the current exit price is $0.73911 per unit (as at 14 Feb 2023).

The current exit price of the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure managed fund is $0.73911 per unit and the current entry price is $0.74178 per unit (as at 14 Feb 2023).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - Specialist Property & Infrastructure 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.