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  5. AMP - Generations - Balanced - Managed fund profile

AMP - Generations - Balanced - Managed Fund

Fund Objective
To provide moderate growth in your investment over the medium to long term with moderate fluctuations in value likely.
Fund Strategy
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 68% and 32% in defensive assets such as cash and fixed interest.

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 2.47% 5.73% 12.38% 13.26% 4.81% 4.8% 5.56% 5.72%
Growth return 2.47% 5.73% 11.92% 12.77% 4.4% 4.01% 4.64% 2.33%
Income return 0% 0% 0.46% 0.49% 0.41% 0.79% 0.92% 3.39%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 2.5% 5.98% 13.05% 14.32% 6.19% 6.56% 7.27% 7.68%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - Balanced
Australian Equities
29.10%
International Equities
37.96%
Cash
5.23%
Property
4.19%
Fixed Interest
20.78%
Alternatives
2.74%
Average Allocation of Peers
Australian Equities
27.46%
International Equities
32.99%
Cash
6.66%
Property
6.79%
Fixed Interest
21.86%
Alternatives
4.24%

General Information

Fund Details
Type Description
AMP - Generations - Balanced
IPAC Asset Management Limited
NML0588AU
Multisector Growth
starstar (as at 31 Mar 2024)
Investment Fund
16 Aug 2004
$274.77 million (as at 31 Mar 2024)
$1.2357 (as at 16 Apr 2024)
$1.2328 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.54% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
BHP Group Ltd Equity 3.02%
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FAQs about the AMP - Generations - Balanced

The objective of the AMP - Generations - Balanced managed fund is To provide moderate growth in your investment over the medium to long term with moderate fluctuations in value likely.

The strategy of the AMP - Generations - Balanced managed fund is 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 68% and 32% in defensive assets such as cash and fixed interest.

The APIR code of the AMP - Generations - Balanced managed fund is NML0588AU.

AMP - Generations - Balanced’s total return last month was 2.47%. This was made up of a growth return of 2.47% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

AMP - Generations - Balanced’s total return for the last three months was 5.73%. This was made up of a growth return of 5.73% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

AMP - Generations - Balanced’s one-year total return is 13.26%. This was made up of a growth return of 12.77% and an income return of 0.49%. These returns were calculated as at 31 Mar 2024.

AMP - Generations - Balanced’s one-year total return is 4.8%. This was made up of a growth return of 4.01% and an income return of 0.79%. These returns were calculated as at 31 Mar 2024.

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

Australian Equities
29.10%
International Equities
37.96%
Cash
5.23%
Property
4.19%
Fixed Interest
20.78%
Alternatives
2.74%

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

The AMP - Generations - Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Mar 2024, the size of the AMP - Generations - Balanced managed fund was $274.77 million.

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

The current entry price of the AMP - Generations - Balanced managed fund is $1.2357 per unit and the current exit price is $1.2328 per unit (as at 16 Apr 2024).

The current exit price of the AMP - Generations - Balanced managed fund is $1.2328 per unit and the current entry price is $1.2357 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the AMP - Generations - Balanced 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.