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  5. AMP - Flexible Income Plan - Spread Managed NEF - Managed fund profile

AMP - Flexible Income Plan - Spread Managed NEF - Managed Fund (Closed)

Fund Objective
To provide a return (net of tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class , and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 65% to 75%.
Fund Strategy
To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

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 2.06% 1.57% 6.18% 1.3% 1.28% 7.83% 4.86% 5.63%
Growth return 2.64% 4.17% 10.92% 15.28% 6.92% 6.31% 2.02% 5.64%
Income return -0.58% -2.6% -4.74% -13.98% -5.64% 1.52% 2.84% -0.01%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.9% 5.39% 7.14% 12.12% 12.75% 11.38% 8.95% 8.08%
As at 30 Apr 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Income Plan - Spread Managed NEF
Australian Equities
29.99%
International Equities
32.19%
Cash
5.49%
Property & Infrastructure
16.15%
Fixed Interest
16.17%
Alternatives
0%
Average Allocation of Peers
Australian Equities
27.27%
International Equities
35.26%
Cash
6.12%
Property & Infrastructure
6.35%
Fixed Interest
20.99%
Alternatives
4.01%

General Information

Fund Details
Type Description
AMP - Flexible Income Plan - Spread Managed NEF
Closed
NML0196AU
Multisector Growth
starstar (as at 30 Apr 2023)
Allocated Pension
1 Sep 1998
$0.01 million (as at 30 Apr 2025)
$41.5828 (as at 31 Aug 2025)
$41.5383 (as at 31 Aug 2025)
Finalised
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 2.76% (as at 30 Jun 2016)
Minimum initial investment $1,000.00
Minimum redemption amount $1,000.00

FAQs about the AMP - Flexible Income Plan - Spread Managed NEF

The objective of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is To provide a return (net of tax and investment management costs) over a rolling 5-year period, that exceeds the return from published benchmarks for each asset class , and is competitive with comparable funds that have similar risk characteristics and allocation to growth assets of 65% to 75%.

The strategy of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

The APIR code of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is NML0196AU.

AMP - Flexible Income Plan - Spread Managed NEF’s total return last month was 2.06%. This was made up of a growth return of 2.64% and an income return of -0.58%. These returns were calculated as at 30 Apr 2023.

AMP - Flexible Income Plan - Spread Managed NEF’s total return for the last three months was 1.57%. This was made up of a growth return of 4.17% and an income return of -2.6%%. These returns were calculated as at 30 Apr 2023.

AMP - Flexible Income Plan - Spread Managed NEF’s one-year total return is 1.3%. This was made up of a growth return of 15.28% and an income return of -13.98%. These returns were calculated as at 30 Apr 2023.

AMP - Flexible Income Plan - Spread Managed NEF’s one-year total return is 7.83%. This was made up of a growth return of 6.31% and an income return of 1.52%. These returns were calculated as at 30 Apr 2023.

The asset allocation of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is :

Australian Equities
29.99%
International Equities
32.19%
Cash
5.49%
Property & Infrastructure
16.15%
Fixed Interest
16.17%
Alternatives
0%

The AMP - Flexible Income Plan - Spread Managed NEF managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Apr 2025, the size of the AMP - Flexible Income Plan - Spread Managed NEF managed fund was $0.01 million.

The AMP - Flexible Income Plan - Spread Managed NEF managed fund has an inception date of 1 Sep 1998.

The current entry price of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is $41.5828 per unit and the current exit price is $41.5383 per unit (as at 31 Aug 2025).

The current exit price of the AMP - Flexible Income Plan - Spread Managed NEF managed fund is $41.5383 per unit and the current entry price is $41.5828 per unit (as at 31 Aug 2025).

The minimum initial investment amount for the AMP - Flexible Income Plan - Spread Managed NEF managed fund is $1,000.

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.