InvestSMART

AM Cashback Annuity - Australian Fixed I - Managed Fund (Closed)

Fund Objective
To achieve a better performance than the Australian fixed interest market over rolling 2 year periods. Reporting benchmark is the SBC Warburg Australia Composite Bond Index (All Series All Maturities).
Fund Strategy
Invested by specialist managers of fixed interest securities, including Macquarie Investment Management Ltd and SBC Brinson Ltd. The Fund is fully invested in a range of Australian and international fixed interest securities, including Australian Government, semi-Government and Government guaranteed securities, corporate debt securities rated BBB or better, treasury notes, bank bills and other 'cash' securities.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.1% 2.75% 5.02% 4.25% 3.07% 5.01% 7.29% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.21% -1.29% -0.51% 3.2% 3.05% 2.85% -0.31% 1.93%
As at 30 Jun 2000. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AM Cashback Annuity - Australian Fixed I
Cash
0.04%
Fixed Interest
99.96%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
8.07%
Fixed Interest
91.01%
Australian Equities
0.58%
International Equities
0%
Property & Infrastructure
0.12%
Alternatives
0.21%

General Information

Fund Details
Type Description
AM Cashback Annuity - Australian Fixed I
Closed
AM Life Limited
AMG0054AU
Bonds - Australia
Not Rated
Allocated Pension
1 Jul 1994
$0.47 million (as at 31 Mar 2000)
n/a
n/a
Finalised
Offer information
Type Description
Minimum initial investment $25,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the AM Cashback Annuity - Australian Fixed I

The objective of the AM Cashback Annuity - Australian Fixed I managed fund is To achieve a better performance than the Australian fixed interest market over rolling 2 year periods. Reporting benchmark is the SBC Warburg Australia Composite Bond Index (All Series All Maturities).

The strategy of the AM Cashback Annuity - Australian Fixed I managed fund is Invested by specialist managers of fixed interest securities, including Macquarie Investment Management Ltd and SBC Brinson Ltd. The Fund is fully invested in a range of Australian and international fixed interest securities, including Australian Government, semi-Government and Government guaranteed securities, corporate debt securities rated BBB or better, treasury notes, bank bills and other 'cash' securities.

The APIR code of the AM Cashback Annuity - Australian Fixed I managed fund is AMG0054AU.

AM Cashback Annuity - Australian Fixed I’s total return last month was 1.1%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

AM Cashback Annuity - Australian Fixed I’s total return for the last three months was 2.75%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 30 Jun 2000.

AM Cashback Annuity - Australian Fixed I’s one-year total return is 4.25%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

AM Cashback Annuity - Australian Fixed I’s one-year total return is 5.01%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2000.

The asset allocation of the AM Cashback Annuity - Australian Fixed I managed fund is :

Cash
0.04%
Fixed Interest
99.96%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the AM Cashback Annuity - Australian Fixed I managed fund is AM Life Limited.

The AM Cashback Annuity - Australian Fixed I managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Mar 2000, the size of the AM Cashback Annuity - Australian Fixed I managed fund was $0.47 million.

The AM Cashback Annuity - Australian Fixed I managed fund has an inception date of 1 Jul 1994.

The current entry price of the AM Cashback Annuity - Australian Fixed I managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the AM Cashback Annuity - Australian Fixed I managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the AM Cashback Annuity - Australian Fixed I managed fund is $25,000.

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.