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  5. AMP - Variable Income Bond - Managed fund profile

AMP - Variable Income Bond - Managed Fund

Fund Objective
High returns in the medium to long term taking account of risk.
Fund Strategy
Funds are invested in Australian shares, international investments, property, fixed interest and cash.

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 0.11% 0.34% 0.66% 1.25% 1.22% 1.08% 0.75% 0.58%
Growth return 0.11% 0.34% 0.66% 1.25% 1.22% 1.08% 0.75% 0.58%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Aust Comm Bank All Series/All Mat Accum)
Total return 1.19% 0.74% 0.51% 4.6% 8.2% 6.76% 4.82% 5.43%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Variable Income Bond
Australian Equities
7.67%
International Equities
4.08%
Cash
53.13%
Property
1.97%
Fixed Interest
33.15%
Alternatives
0%
Average Allocation of Peers
Australian Equities
5.38%
International Equities
4.72%
Cash
20.25%
Property
0.46%
Fixed Interest
68.84%
Alternatives
0.36%

General Information

Fund Details
Type Description
AMP - Variable Income Bond
AMP Life Limited
NML0231AU
Reserve Backed
starstarstarstarstar (as at 31 Oct 2024)
Investment Fund
1 May 1989
$0 million (as at 30 Sep 2024)
$20.535 (as at 31 Oct 2024)
$20.5165 (as at 31 Oct 2024)
Closed
Offer information
Type Description
MER 3.73% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 3.73% (as at 30 Jun 2016)
Minimum initial investment $10,000.00

FAQs about the AMP - Variable Income Bond

The objective of the AMP - Variable Income Bond managed fund is High returns in the medium to long term taking account of risk.

The strategy of the AMP - Variable Income Bond managed fund is Funds are invested in Australian shares, international investments, property, fixed interest and cash.

The APIR code of the AMP - Variable Income Bond managed fund is NML0231AU.

AMP - Variable Income Bond’s total return last month was 0.11%. This was made up of a growth return of 0.11% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

AMP - Variable Income Bond’s total return for the last three months was 0.34%. This was made up of a growth return of 0.34% and an income return of 0%%. These returns were calculated as at 31 Oct 2024.

AMP - Variable Income Bond’s one-year total return is 1.25%. This was made up of a growth return of 1.25% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

AMP - Variable Income Bond’s one-year total return is 1.08%. This was made up of a growth return of 1.08% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the AMP - Variable Income Bond managed fund is :

Australian Equities
7.67%
International Equities
4.08%
Cash
53.13%
Property
1.97%
Fixed Interest
33.15%
Alternatives
0%

The Responsible Entity for the AMP - Variable Income Bond managed fund is AMP Life Limited.

The AMP - Variable Income Bond managed fund belongs to the Reserve Backed sector/asset class.

As at 30 Sep 2024, the size of the AMP - Variable Income Bond managed fund was $0 million.

The AMP - Variable Income Bond managed fund has an inception date of 1 May 1989.

The current entry price of the AMP - Variable Income Bond managed fund is $20.535 per unit and the current exit price is $20.5165 per unit (as at 31 Oct 2024).

The current exit price of the AMP - Variable Income Bond managed fund is $20.5165 per unit and the current entry price is $20.535 per unit (as at 31 Oct 2024).

The minimum initial investment amount for the AMP - Variable Income Bond managed fund is $10,000.

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.