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  5. AMP Capital - Wholesale Australian Income - Managed fund profile

AMP Capital - Wholesale Australian Income - Managed Fund (Closed)

Fund Objective
To provide a competitive interest income return on a monthly basis and to outperform the UBS Warburg Australian Bank Bill Index, after costs.
Fund Strategy
Invests predominantly (and at times fully) in the Australian Monthly Income Fund which holds a diversified portfolio of Australian loans being first ranking mortgages (which may include development loans and illiquid mortgage backed securities), fixed interest securities (including, but not limited to, bonds, liquid mortgage backed securities and listed income securities) and cash.

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 -0.05% 0.15% 0.37% 2.23% 0.26% 0.7% 1.62% 3.14%
Growth return -1.61% -1.53% -1.56% -0.28% -1.71% -42.69% -47.49% -27.56%
Income return 1.56% 1.68% 1.93% 2.51% 1.97% 43.39% 49.11% 30.7%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Oct 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP Capital - Wholesale Australian Income
Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.03%
Australian Equities
0.03%
International Equities
0.03%
Fixed Interest
79.26%
Alternatives
0.66%

General Information

Fund Details
Type Description
AMP Capital - Wholesale Australian Income
Closed
AMP-National Mutual Funds Management Ltd
NML0257AU
Mortgages
starstar (as at 28 Feb 2011)
Investment Fund
1 Oct 1999
$0.87 million (as at 31 Oct 2016)
$0.04074 (as at 8 Nov 2016)
$0.04074 (as at 8 Nov 2016)
Finalised
Offer information
Type Description
MER 1.45% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 1.77% (as at 30 Jun 2012)
Minimum initial investment $25,000
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Jul 2012)

Holding (as at 31 Jul 2012) Type % of Portfolio
Australian Mortgages - Direct Mutual Fund - Open End 98.03%
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FAQs about the AMP Capital - Wholesale Australian Income

The objective of the AMP Capital - Wholesale Australian Income managed fund is To provide a competitive interest income return on a monthly basis and to outperform the UBS Warburg Australian Bank Bill Index, after costs.

The strategy of the AMP Capital - Wholesale Australian Income managed fund is Invests predominantly (and at times fully) in the Australian Monthly Income Fund which holds a diversified portfolio of Australian loans being first ranking mortgages (which may include development loans and illiquid mortgage backed securities), fixed interest securities (including, but not limited to, bonds, liquid mortgage backed securities and listed income securities) and cash.

The APIR code of the AMP Capital - Wholesale Australian Income managed fund is NML0257AU.

AMP Capital - Wholesale Australian Income’s total return last month was -0.05%. This was made up of a growth return of -1.61% and an income return of 1.56%. These returns were calculated as at 31 Oct 2016.

AMP Capital - Wholesale Australian Income’s total return for the last three months was 0.15%. This was made up of a growth return of -1.53% and an income return of 1.68%%. These returns were calculated as at 31 Oct 2016.

AMP Capital - Wholesale Australian Income’s one-year total return is 2.23%. This was made up of a growth return of -0.28% and an income return of 2.51%. These returns were calculated as at 31 Oct 2016.

AMP Capital - Wholesale Australian Income’s one-year total return is 0.7%. This was made up of a growth return of -42.69% and an income return of 43.39%. These returns were calculated as at 31 Oct 2016.

The asset allocation of the AMP Capital - Wholesale Australian Income managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP Capital - Wholesale Australian Income managed fund is AMP-National Mutual Funds Management Ltd.

The AMP Capital - Wholesale Australian Income managed fund belongs to the Mortgages sector/asset class.

As at 31 Oct 2016, the size of the AMP Capital - Wholesale Australian Income managed fund was $0.87 million.

The AMP Capital - Wholesale Australian Income managed fund has an inception date of 1 Oct 1999.

The current entry price of the AMP Capital - Wholesale Australian Income managed fund is $0.04074 per unit and the current exit price is $0.04074 per unit (as at 8 Nov 2016).

The current exit price of the AMP Capital - Wholesale Australian Income managed fund is $0.04074 per unit and the current entry price is $0.04074 per unit (as at 8 Nov 2016).

The minimum initial investment amount for the AMP Capital - Wholesale Australian Income managed fund is $25,000. 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.