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  5. AMP Capital - Future Directions Total Return - Managed fund profile

AMP Capital - Future Directions Total Return - Managed Fund (Closed)

Fund Objective
To deliver returns above the Reserve Bank of Australia Cash Rate (after underlying managers management and performance based fees and the Fund's management fee) over a rolling 3 year period.
Fund Strategy
An investment in units in the Fund offers leveraged returns based on a global portfolio of hedge funds, through a total return swap. 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 1.5% 1.99% 3.24% 2.08% -17.31% -7.02% -% -%
Growth return 1.5% 1.99% 3.24% 2% -19.91% -9.82% -% -%
Income return 0% 0% 0% 0.08% 2.6% 2.8% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 31 Jan 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP Capital - Future Directions Total Return
Cash
0.57%
Alternatives
99.43%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
46.42%
Alternatives
19.95%
Australian Equities
5.98%
International Equities
9.98%
Property
2.07%
Fixed Interest
15.60%

General Information

Fund Details
Type Description
AMP Capital - Future Directions Total Return (Wholesale)
Closed
IPAC Asset Management Limited
AMP0975AU
Alternative - Other
starstar (as at 31 Jan 2010)
Investment Fund
28 Sep 2004
n/a
$0.71953 (as at 16 Feb 2010)
$0.71809 (as at 16 Feb 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.97% (as at 30 Jun 2008)
Minimum initial investment $500,000

FAQs about the AMP Capital - Future Directions Total Return

The objective of the AMP Capital - Future Directions Total Return managed fund is To deliver returns above the Reserve Bank of Australia Cash Rate (after underlying managers management and performance based fees and the Fund's management fee) over a rolling 3 year period.

The strategy of the AMP Capital - Future Directions Total Return managed fund is An investment in units in the Fund offers leveraged returns based on a global portfolio of hedge funds, through a total return swap. 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 - Future Directions Total Return managed fund is AMP0975AU.

AMP Capital - Future Directions Total Return’s total return last month was 1.5%. This was made up of a growth return of 1.5% and an income return of 0%. These returns were calculated as at 31 Jan 2010.

AMP Capital - Future Directions Total Return’s total return for the last three months was 1.99%. This was made up of a growth return of 1.99% and an income return of 0%%. These returns were calculated as at 31 Jan 2010.

AMP Capital - Future Directions Total Return’s one-year total return is 2.08%. This was made up of a growth return of 2% and an income return of 0.08%. These returns were calculated as at 31 Jan 2010.

AMP Capital - Future Directions Total Return’s one-year total return is -7.02%. This was made up of a growth return of -9.82% and an income return of 2.8%. These returns were calculated as at 31 Jan 2010.

The asset allocation of the AMP Capital - Future Directions Total Return managed fund is :

Cash
0.57%
Alternatives
99.43%
Australian Equities
0%
International Equities
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the AMP Capital - Future Directions Total Return managed fund is IPAC Asset Management Limited.

The AMP Capital - Future Directions Total Return managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Aug 2013, the size of the AMP Capital - Future Directions Total Return managed fund was $ million.

The AMP Capital - Future Directions Total Return managed fund has an inception date of 28 Sep 2004.

The current entry price of the AMP Capital - Future Directions Total Return managed fund is $0.71953 per unit and the current exit price is $0.71809 per unit (as at 16 Feb 2010).

The current exit price of the AMP Capital - Future Directions Total Return managed fund is $0.71809 per unit and the current entry price is $0.71953 per unit (as at 16 Feb 2010).

The minimum initial investment amount for the AMP Capital - Future Directions Total Return managed fund is $500,000.

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.