AMP Capital - Future Directions Total Return - Managed Fund

Fund Performance Comparison

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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

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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 0.08 0.28 0.7 1.69 1.78 1.77 1.97 2.89
As as 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
50.14%
Alternatives
21.88%
Australian Equities
9.28%
International Equities
8.29%
Property
1.36%
Fixed Interest
9.06%

General Information

Fund Details
Type Description
AMP Capital - Future Directions Total Return (Wholesale)
Closed
AMP Capital Investors Limited
AMP0975AU
Alternative Strategies
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)
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.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.97% (as at 30 Jun 2008)
Minimum initial investment $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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Underperforming
81%^

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%