InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. AMP - Generations - High Growth - Managed fund profile

AMP - Generations - High Growth - Managed Fund

Fund Objective
To provide high growth in your investment over the long term with larger fluctuations in value likely when compared to other Generations multi-manager diversified investment options.
Fund Strategy
The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Growth assets such as shares and property will have an average allocation over time of 97% and 3% in defensive assets such as cash and fixed interest.

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 3.65% 5.64% 10.6% 23.04% 13.55% 7.34% 7.96% 8.02%
Growth return 3.65% 5.64% 1.75% 12.43% 7.99% -1.4% 1.62% 1.66%
Income return 0% 0% 8.85% 10.61% 5.56% 8.74% 6.34% 6.36%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - High Growth
Australian Equities
41.23%
International Equities
53.42%
Cash
0.18%
Property
2.83%
Fixed Interest
1.29%
Alternatives
1.04%

General Information

Fund Details
Type Description
AMP - Generations - High Growth
IPAC Asset Management Limited
NML0590AU
starstarstar (as at 30 Nov 2024)
Unknown
16 Aug 2004
$125.75 million (as at 30 Nov 2024)
$1.232 (as at 23 Dec 2024)
$1.2292 (as at 23 Dec 2024)
Open
Offer information
Type Description
MER 1.41% (as at 29 Sep 2023)
Indirect Cost Ratio (ICR) 1.73% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.01
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

FAQs about the AMP - Generations - High Growth

The objective of the AMP - Generations - High Growth managed fund is To provide high growth in your investment over the long term with larger fluctuations in value likely when compared to other Generations multi-manager diversified investment options.

The strategy of the AMP - Generations - High Growth managed fund is The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Growth assets such as shares and property will have an average allocation over time of 97% and 3% in defensive assets such as cash and fixed interest.

The APIR code of the AMP - Generations - High Growth managed fund is NML0590AU.

AMP - Generations - High Growth’s total return last month was 3.65%. This was made up of a growth return of 3.65% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

AMP - Generations - High Growth’s total return for the last three months was 5.64%. This was made up of a growth return of 5.64% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

AMP - Generations - High Growth’s one-year total return is 23.04%. This was made up of a growth return of 12.43% and an income return of 10.61%. These returns were calculated as at 30 Nov 2024.

AMP - Generations - High Growth’s one-year total return is 7.34%. This was made up of a growth return of -1.4% and an income return of 8.74%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the AMP - Generations - High Growth managed fund is :

Australian Equities
41.23%
International Equities
53.42%
Cash
0.18%
Property
2.83%
Fixed Interest
1.29%
Alternatives
1.04%

The Responsible Entity for the AMP - Generations - High Growth managed fund is IPAC Asset Management Limited.

As at 30 Nov 2024, the size of the AMP - Generations - High Growth managed fund was $125.75 million.

The AMP - Generations - High Growth managed fund has an inception date of 16 Aug 2004.

The current entry price of the AMP - Generations - High Growth managed fund is $1.232 per unit and the current exit price is $1.2292 per unit (as at 23 Dec 2024).

The current exit price of the AMP - Generations - High Growth managed fund is $1.2292 per unit and the current entry price is $1.232 per unit (as at 23 Dec 2024).

The minimum initial investment amount for the AMP - Generations - High Growth managed fund is $0. 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.