InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus - Managed fund profile

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus - Managed Fund (Closed)

Fund Objective
To provide a return above the Bloomberg AusBond Bank Bill Index on a rolling 12-month basis, subject to the provision of the guarantee as described below.
Fund Strategy
The portfolio invests in a diversified range of investment grade Australian money market securities, including cash-like securities with short-term maturities such as prime bank bills, commercial paper and term deposits. The portfolio may also invest in medium-term securities including floating rate notes and asset-backed securities. The portfolio may use derivatives such as options, futures or forward rate agreements to protect against risks, enhance returns or increase or reduce exposure to physical investments.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0% 0% 0% 0.04% 0.32% 0.32% 0.46% 1.47%
Growth return 0% 0% 0% 0.04% 0.32% 0.32% 0.46% 1.47%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.37% 1.09% 2.19% -% 4.08% 3.08% 1.93% 1.92%
As at 30 Apr 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus
Cash
14.15%
Fixed Interest
85.85%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
22.90%
Fixed Interest
34.55%
Australian Equities
5.48%
International Equities
8.96%
Property
1.84%
Alternatives
26.27%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus
Closed
AMP Superannuation Limited
AMP0895AU
Australian Cash
starstarstar (as at 31 Mar 2013)
Allocated Pension
20 Sep 2004
$2.86 million (as at 30 Apr 2020)
$1.50932 (as at 7 May 2020)
$1.50932 (as at 7 May 2020)
Finalised
Offer information
Type Description
MER 1.41% (as at 13 Dec 2019)
Indirect Cost Ratio (ICR) 1.71% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Apr 2022)

Holding (as at 30 Apr 2022) Type % of Portfolio
Westpac Banking Corp Bond - Corporate Bond 2.73%
Login now to view the complete list of holdings.

FAQs about the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus

The objective of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is To provide a return above the Bloomberg AusBond Bank Bill Index on a rolling 12-month basis, subject to the provision of the guarantee as described below.

The strategy of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is The portfolio invests in a diversified range of investment grade Australian money market securities, including cash-like securities with short-term maturities such as prime bank bills, commercial paper and term deposits. The portfolio may also invest in medium-term securities including floating rate notes and asset-backed securities. The portfolio may use derivatives such as options, futures or forward rate agreements to protect against risks, enhance returns or increase or reduce exposure to physical investments.

The APIR code of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is AMP0895AU.

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus’s total return for the last three months was 0%. This was made up of a growth return of 0% and an income return of 0%%. These returns were calculated as at 30 Apr 2020.

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus’s one-year total return is 0.04%. This was made up of a growth return of 0.04% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus’s one-year total return is 0.32%. This was made up of a growth return of 0.32% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

The asset allocation of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is :

Cash
14.15%
Fixed Interest
85.85%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is AMP Superannuation Limited.

The AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund belongs to the Australian Cash sector/asset class.

As at 30 Apr 2020, the size of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund was $2.86 million.

The AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund has an inception date of 20 Sep 2004.

The current entry price of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is $1.50932 per unit and the current exit price is $1.50932 per unit (as at 7 May 2020).

The current exit price of the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is $1.50932 per unit and the current entry price is $1.50932 per unit (as at 7 May 2020).

The minimum initial investment amount for the AMP - Flexible Lifetime Term Pension - AMP Cash Share Plus managed fund is $1,500. Minimum additional investment 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.