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  5. AMP - Flexible Lifetime Term Pension - AMP Balanced Direct - Managed fund profile

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct - Managed Fund (Closed)

Fund Objective
To provide moderate to higher returns over the medium to long term, with lower volatility than other balanced investment options through higher exposure to direct investment in property and other assets.
Fund Strategy
The Funds benchmark asset allocation and ranges are: 5% Cash (0-15%), 8% International Fixed Interest (0-15%), 23% Australian Fixed Interest (10-35%), 3% Listed Property (0-10%), 12% Direct Property (5-20%), 10% Alternative Assets (5-15%), 16% International Shares (10-25%) and 23% Australian Shares (15-35%).

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 -1.2% 1.85% 3.28% 12.22% 13.13% 13.25% -% -%
Growth return -1.2% 1.85% 3.28% 12.22% 13.13% 13.25% -% -%
Income return 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 30 Nov 2007. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct
Australian Equities
29.41%
International Equities
17.04%
Cash
2.32%
Property
19.46%
Fixed Interest
22.68%
Alternatives
9.09%
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 Term Pension - AMP Balanced Direct
Closed
AMP Superannuation Limited
AMP0893AU
Multisector Growth
starstarstar (as at 30 Nov 2007)
Allocated Pension
20 Sep 2004
$1.74 million (as at 30 Sep 2007)
n/a
$3.1715 (as at 6 Dec 2007)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
Indirect Cost Ratio (ICR) 2.34% (as at 30 Sep 2006)
Minimum initial investment

FAQs about the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct

The objective of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is To provide moderate to higher returns over the medium to long term, with lower volatility than other balanced investment options through higher exposure to direct investment in property and other assets.

The strategy of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is The Funds benchmark asset allocation and ranges are: 5% Cash (0-15%), 8% International Fixed Interest (0-15%), 23% Australian Fixed Interest (10-35%), 3% Listed Property (0-10%), 12% Direct Property (5-20%), 10% Alternative Assets (5-15%), 16% International Shares (10-25%) and 23% Australian Shares (15-35%).

The APIR code of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is AMP0893AU.

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct’s total return last month was -1.2%. This was made up of a growth return of -1.2% and an income return of 0%. These returns were calculated as at 30 Nov 2007.

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct’s total return for the last three months was 1.85%. This was made up of a growth return of 1.85% and an income return of 0%%. These returns were calculated as at 30 Nov 2007.

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct’s one-year total return is 12.22%. This was made up of a growth return of 12.22% and an income return of 0%. These returns were calculated as at 30 Nov 2007.

AMP - Flexible Lifetime Term Pension - AMP Balanced Direct’s one-year total return is 13.25%. This was made up of a growth return of 13.25% and an income return of 0%. These returns were calculated as at 30 Nov 2007.

The asset allocation of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is :

Australian Equities
29.41%
International Equities
17.04%
Cash
2.32%
Property
19.46%
Fixed Interest
22.68%
Alternatives
9.09%

The Responsible Entity for the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is AMP Superannuation Limited.

The AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2007, the size of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund was $1.74 million.

The AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund has an inception date of 20 Sep 2004.

The current entry price of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is $ per unit and the current exit price is $3.1715 per unit (as at 6 Dec 2007).

The current exit price of the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is $3.1715 per unit and the current entry price is $ per unit (as at 6 Dec 2007).

The minimum initial investment amount for the AMP - Flexible Lifetime Term Pension - AMP Balanced Direct managed fund is $0.

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.