AMP Gen - Colonial Geared Australian Share

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General Information

AMP Gen - Colonial Geared Australian Share
AMP-National Mutual Funds Management Ltd
Equity Australia Large Geared
(as at 31 Oct 2009)
Not Rated
Managed Funds
5 May 2006
$24.49 million (as at 31 Aug 2014)
$0.65686 (as at 28 Oct 2014)
$0.65032 (as at 28 Oct 2014)

Fund performance (30 Sep 2014) NOTE : returns for periods greater than 1 year are annualised

  1 Month
3 Month
6 Month
1 Year
% p.a.
2 Year
% p.a.
3 Year
% p.a.
5 Year
% p.a.
10 Year
% p.a.
Total return -7.6 0.25 1.56 9.67 33.33 28.96 4.25 -
Growth return -7.6 0.25 -0.6 6.35 29.42 25.29 2.18 -
Income return 0 0 2.16 3.32 3.91 3.67 2.07 -

Morningstar index (Mstar PG ITr Equity Aus Large Geared Idx)

Total return -10.09 -2.23 -2.7 4.87 25.45 23.37 4.88 6.57

Market index (S&P/ASX 200 TR AUD)

Total return -5.38 -0.6 0.33 5.93 14.74 14.77 6.82 8.39

Asset allocation (30 Sep 2014)

Domestic Shares 93.55%
International Shares 0%
Cash 6.46%
Listed Property 0%
Direct Property 0%
Domestic Fixed Interest 0%
International Fixed Interest 0%
Mortgage 0%
Other 0%

Objectives and Strategy

The fund aims to magnify long-term returns from capital growth by borrowing to invest in large Australian companies.
The fund is based on the belief that over the medium to long term, stock prices are driven by the ability of management to generate excess returns over their cost of capital in their chosen industry. The strategy of the fund is to generally invest in large, high quality companies with strong balance sheets and earnings. The fund's gearing effectively magnifies returns from the underlying investments, whether they are gains or losses. The fund predominantly invests in Australian companies and therefore does not hedge currency risk.

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Offer information

Indirect Cost Ratio (ICR) 2.93% (as at 31 Dec 2012)
Minimum initial investment $2,000.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Sep 2014)

Holding Type % of Portfolio
National Australia Bank Ltd Equity 9.17%
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Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund