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  5. AMP Wholesale Australian Equities Growth - Managed fund profile

AMP Wholesale Australian Equities Growth - Managed Fund (Closed)

Fund Objective
The fund aims to outperform the S&P/ASX 300 Accumulation Index after costs and over rolling five year periods.
Fund Strategy
The objective of the Fund is to outperform the S&P/ASX 300 Accumulation Index (S&P/ASX 300), after costs and over rolling five-year periods. The Fund has a bias towards the Top 100 companies listed on the ASX (the 'blue chips' of Australian stocks). Asset allocation ranges (with benchmarks in brackets): Australian shares 90-100% (95%), cash 0-10% (5%). The Manager has appointed Alliance Capital Management Australia Limited as the investment manager for the Fund.

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 0.31% 7.93% 10.28% -7.63% -3.35% 10.21% -1.41% 6.83%
Growth return 0.31% 7.93% 7.14% -13.61% -7.97% 5.68% -10.7% -2.18%
Income return 0% 0% 3.14% 5.98% 4.62% 4.53% 9.29% 9.01%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 31 Mar 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP Wholesale Australian Equities Growth
Australian Equities
100.48%
Cash
-0.48%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
AMP Wholesale Australian Equities Growth
Closed
AMP-National Mutual Funds Management Ltd
NML0144AU
Equity Australia Large Growth
starstarstar (as at 31 Mar 2012)
Investment Fund
15 Oct 1998
$34.7 million (as at 31 Mar 2012)
$1.01162 (as at 18 Apr 2012)
$1.0096 (as at 18 Apr 2012)
Finalised
Offer information
Type Description
MER 0.85% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2011)
Minimum initial investment $25,000
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Mar 2012)

Holding (as at 31 Mar 2012) Type % of Portfolio
BHP Billiton Ltd Equity 9.31%
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FAQs about the AMP Wholesale Australian Equities Growth

The objective of the AMP Wholesale Australian Equities Growth managed fund is The fund aims to outperform the S&P/ASX 300 Accumulation Index after costs and over rolling five year periods.

The strategy of the AMP Wholesale Australian Equities Growth managed fund is The objective of the Fund is to outperform the S&P/ASX 300 Accumulation Index (S&P/ASX 300), after costs and over rolling five-year periods. The Fund has a bias towards the Top 100 companies listed on the ASX (the 'blue chips' of Australian stocks). Asset allocation ranges (with benchmarks in brackets): Australian shares 90-100% (95%), cash 0-10% (5%). The Manager has appointed Alliance Capital Management Australia Limited as the investment manager for the Fund.

The APIR code of the AMP Wholesale Australian Equities Growth managed fund is NML0144AU.

AMP Wholesale Australian Equities Growth’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

AMP Wholesale Australian Equities Growth’s total return for the last three months was 7.93%. This was made up of a growth return of 7.93% and an income return of 0%%. These returns were calculated as at 31 Mar 2012.

AMP Wholesale Australian Equities Growth’s one-year total return is -7.63%. This was made up of a growth return of -13.61% and an income return of 5.98%. These returns were calculated as at 31 Mar 2012.

AMP Wholesale Australian Equities Growth’s one-year total return is 10.21%. This was made up of a growth return of 5.68% and an income return of 4.53%. These returns were calculated as at 31 Mar 2012.

The asset allocation of the AMP Wholesale Australian Equities Growth managed fund is :

Australian Equities
100.48%
Cash
-0.48%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP Wholesale Australian Equities Growth managed fund is AMP-National Mutual Funds Management Ltd.

The AMP Wholesale Australian Equities Growth managed fund belongs to the Equity Australia Large Growth sector/asset class.

As at 31 Mar 2012, the size of the AMP Wholesale Australian Equities Growth managed fund was $34.7 million.

The AMP Wholesale Australian Equities Growth managed fund has an inception date of 15 Oct 1998.

The current entry price of the AMP Wholesale Australian Equities Growth managed fund is $1.01162 per unit and the current exit price is $1.0096 per unit (as at 18 Apr 2012).

The current exit price of the AMP Wholesale Australian Equities Growth managed fund is $1.0096 per unit and the current entry price is $1.01162 per unit (as at 18 Apr 2012).

The minimum initial investment amount for the AMP Wholesale Australian Equities Growth managed fund is $25,000. Minimum additional investment is $1000.

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.