InvestSMART

AMP Capital - Alternative Defensive - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a total return, after all management and performance fees, higher than the return of the Reserve Bank of Australia Cash Rate on a rolling 3 year basis.
Fund Strategy
The Fund aims to provide positive returns over the investment timeframe, whether traditional markets are rising or falling. It seeks to do this by gaining exposure under the Swap to the returns of a Notional Portfolio of hedge funds. These returns are expected to have low correlation to the returns of traditional investments. The Fund may also invest in similar strategies by means other than the Swap.

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 -4.62% -2.05% 1.57% 4.05% 4.35% 1.61% 6.63% 3.78%
Growth return -4.62% -2.05% 1.57% 4.05% 4.35% 1.61% 6.63% 2.26%
Income return 0% 0% 0% 0% 0% 0% 0% 1.52%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.92% 1.82% 3.76% 4.06% 4.09% 2.88% 2.13%
As at 30 Nov 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP Capital - Alternative Defensive
Cash
0.97%
Alternatives
99.03%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
55.76%
Alternatives
18.53%
Australian Equities
4.70%
International Equities
3.26%
Property & Infrastructure
1.98%
Fixed Interest
15.78%

General Information

Fund Details
Type Description
AMP Capital - Alternative Defensive (Wholesale)
Closed
AMP Capital Investors Limited
Alternative - Other
star (as at 31 Aug 2013)
Investment Fund
29 Apr 2004
n/a
$0.92067 (as at 12 Dec 2018)
$0.92067 (as at 12 Dec 2018)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.60% (as at 30 Jun 2012)
Minimum initial investment $10,000,000
Minimum additional investments $100,000
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FAQs about the AMP Capital - Alternative Defensive

The objective of the AMP Capital - Alternative Defensive managed fund is The Fund aims to provide a total return, after all management and performance fees, higher than the return of the Reserve Bank of Australia Cash Rate on a rolling 3 year basis.

The strategy of the AMP Capital - Alternative Defensive managed fund is The Fund aims to provide positive returns over the investment timeframe, whether traditional markets are rising or falling. It seeks to do this by gaining exposure under the Swap to the returns of a Notional Portfolio of hedge funds. These returns are expected to have low correlation to the returns of traditional investments. The Fund may also invest in similar strategies by means other than the Swap.

The APIR code of the AMP Capital - Alternative Defensive managed fund is .

AMP Capital - Alternative Defensive’s total return last month was -4.62%. This was made up of a growth return of -4.62% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

AMP Capital - Alternative Defensive’s total return for the last three months was -2.05%. This was made up of a growth return of -2.05% and an income return of 0%%. These returns were calculated as at 30 Nov 2018.

AMP Capital - Alternative Defensive’s one-year total return is 4.05%. This was made up of a growth return of 4.05% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

AMP Capital - Alternative Defensive’s one-year total return is 1.61%. This was made up of a growth return of 1.61% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

The asset allocation of the AMP Capital - Alternative Defensive managed fund is :

Cash
0.97%
Alternatives
99.03%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the AMP Capital - Alternative Defensive managed fund is AMP Capital Investors Limited.

The AMP Capital - Alternative Defensive managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Jan 2014, the size of the AMP Capital - Alternative Defensive managed fund was $ million.

The AMP Capital - Alternative Defensive managed fund has an inception date of 29 Apr 2004.

The current entry price of the AMP Capital - Alternative Defensive managed fund is $0.92067 per unit and the current exit price is $0.92067 per unit (as at 12 Dec 2018).

The current exit price of the AMP Capital - Alternative Defensive managed fund is $0.92067 per unit and the current entry price is $0.92067 per unit (as at 12 Dec 2018).

The minimum initial investment amount for the AMP Capital - Alternative Defensive managed fund is $10,000,000. Minimum additional investment is $100000.

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.