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Access AMP Australian Monthly Income - Managed Fund (Closed)

Fund Objective
To provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.
Fund Strategy
Active management of a mortgage portfolio using an investment style that involves a bottom up approach to assessing individual loans, while factoring in top down issues and risk.

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% -0.2% 0.17% 1.04% 1.36% 1.84% 2.31% 3.38%
Growth return -13.8% -13.98% -13.96% -13.8% -12.59% -47.47% -50.96% -29.99%
Income return 13.8% 13.78% 14.13% 14.84% 13.95% 49.31% 53.27% 33.37%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.3% 0.89% 1.84% 4.04% 4.25% 4.09% 2.64% 2.1%
As at 31 Oct 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Access AMP Australian Monthly Income
Cash
43.55%
Fixed Interest
56.45%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
19.54%
Fixed Interest
79.37%
Australian Equities
0.03%
International Equities
0.03%
Property & Infrastructure
1.03%
Alternatives
0%

General Information

Fund Details
Type Description
Access AMP Australian Monthly Income
Closed
Navigator Australia Limited
NUN0009AU
Mortgages
starstar (as at 31 Jan 2011)
Investment Fund
1 Aug 2005
$0.11 million (as at 31 Oct 2016)
$0.005 (as at 9 Nov 2016)
$0.005 (as at 9 Nov 2016)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 2% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 2% (as at 30 Jun 2015)
Minimum initial investment $3,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jul 2012)

Holding (as at 31 Jul 2012) Type % of Portfolio
Australian Mortgages - Direct Bond - Gov't Agency Pass-Thru 94.42%
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FAQs about the Access AMP Australian Monthly Income

The objective of the Access AMP Australian Monthly Income managed fund is To provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

The strategy of the Access AMP Australian Monthly Income managed fund is Active management of a mortgage portfolio using an investment style that involves a bottom up approach to assessing individual loans, while factoring in top down issues and risk.

The APIR code of the Access AMP Australian Monthly Income managed fund is NUN0009AU.

Access AMP Australian Monthly Income’s total return last month was 0%. This was made up of a growth return of -13.8% and an income return of 13.8%. These returns were calculated as at 31 Oct 2016.

Access AMP Australian Monthly Income’s total return for the last three months was -0.2%. This was made up of a growth return of -13.98% and an income return of 13.78%%. These returns were calculated as at 31 Oct 2016.

Access AMP Australian Monthly Income’s one-year total return is 1.04%. This was made up of a growth return of -13.8% and an income return of 14.84%. These returns were calculated as at 31 Oct 2016.

Access AMP Australian Monthly Income’s one-year total return is 1.84%. This was made up of a growth return of -47.47% and an income return of 49.31%. These returns were calculated as at 31 Oct 2016.

The asset allocation of the Access AMP Australian Monthly Income managed fund is :

Cash
43.55%
Fixed Interest
56.45%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Access AMP Australian Monthly Income managed fund is Navigator Australia Limited.

The Access AMP Australian Monthly Income managed fund belongs to the Mortgages sector/asset class.

As at 31 Oct 2016, the size of the Access AMP Australian Monthly Income managed fund was $0.11 million.

The Access AMP Australian Monthly Income managed fund has an inception date of 1 Aug 2005.

The current entry price of the Access AMP Australian Monthly Income managed fund is $0.005 per unit and the current exit price is $0.005 per unit (as at 9 Nov 2016).

The current exit price of the Access AMP Australian Monthly Income managed fund is $0.005 per unit and the current entry price is $0.005 per unit (as at 9 Nov 2016).

The minimum initial investment amount for the Access AMP Australian Monthly Income managed fund is $3,000. 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.