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  5. AMP RD APP - Growth - Managed fund profile

AMP RD APP - Growth - Managed Fund

Fund Objective
To provide moderate to high growth in investment over the long term with larger fluctuations in value likely. To obtain a rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 3.5% pa over the medium to long term.
Fund Strategy
To invest in a diversified mix of primarily growth assets such as equities and To invest in a diversified mix of primarily growth assets such as equities and property. Growth assets will have a benchmark allocation of 85% with the property. Growth assets will have a benchmark allocation of 85% with the balance in defensive assets such as cash and fixed interest. Balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

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 2.71% 5.58% 11.18% 20.88% 12.85% 7.07% 7.7% 7.57%
Growth return 2.71% 5.58% 11.18% 20.88% 12.85% 7.07% 7.7% 7.57%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 3.58% 5.32% 10.87% 23.14% 14.25% 8.16% 8.88% 9.51%
As at 30 Nov 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP RD APP - Growth
Australian Equities
40.84%
International Equities
40.40%
Cash
9.12%
Property
0%
Fixed Interest
7.34%
Alternatives
2.29%
Average Allocation of Peers
Australian Equities
34.27%
International Equities
48.56%
Cash
3.14%
Property
4.90%
Fixed Interest
5.64%
Alternatives
3.49%

General Information

Fund Details
Type Description
AMP RD APP - Growth
NML0298AU
Multisector Aggressive
starstar (as at 30 Nov 2024)
Allocated Pension
13 Sep 1999
$0.16 million (as at 29 Jul 2022)
$43.875 (as at 30 Nov 2024)
$43.8191 (as at 30 Nov 2024)
Open
Offer information
Type Description
Standard entry fee 5%
MER 2.30% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 2.30% (as at 30 Jun 2016)
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the AMP RD APP - Growth

The objective of the AMP RD APP - Growth managed fund is To provide moderate to high growth in investment over the long term with larger fluctuations in value likely. To obtain a rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 3.5% pa over the medium to long term.

The strategy of the AMP RD APP - Growth managed fund is To invest in a diversified mix of primarily growth assets such as equities and To invest in a diversified mix of primarily growth assets such as equities and property. Growth assets will have a benchmark allocation of 85% with the property. Growth assets will have a benchmark allocation of 85% with the balance in defensive assets such as cash and fixed interest. Balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

The APIR code of the AMP RD APP - Growth managed fund is NML0298AU.

AMP RD APP - Growth’s total return last month was 2.71%. This was made up of a growth return of 2.71% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

AMP RD APP - Growth’s total return for the last three months was 5.58%. This was made up of a growth return of 5.58% and an income return of 0%%. These returns were calculated as at 30 Nov 2024.

AMP RD APP - Growth’s one-year total return is 20.88%. This was made up of a growth return of 20.88% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

AMP RD APP - Growth’s one-year total return is 7.07%. This was made up of a growth return of 7.07% and an income return of 0%. These returns were calculated as at 30 Nov 2024.

The asset allocation of the AMP RD APP - Growth managed fund is :

Australian Equities
40.84%
International Equities
40.40%
Cash
9.12%
Property
0%
Fixed Interest
7.34%
Alternatives
2.29%

The AMP RD APP - Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 29 Jul 2022, the size of the AMP RD APP - Growth managed fund was $0.16 million.

The AMP RD APP - Growth managed fund has an inception date of 13 Sep 1999.

The current entry price of the AMP RD APP - Growth managed fund is $43.875 per unit and the current exit price is $43.8191 per unit (as at 30 Nov 2024).

The current exit price of the AMP RD APP - Growth managed fund is $43.8191 per unit and the current entry price is $43.875 per unit (as at 30 Nov 2024).

The minimum initial investment amount for the AMP RD APP - Growth managed fund is $1,000. 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.