InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. AMP - Flexible Lifetime & Custom Super - Alternative Index - Managed fund profile

AMP - Flexible Lifetime & Custom Super - Alternative Index - Managed Fund (Closed)

Fund Objective
The strategy seeks to provide returns similar to the customised HFRI benchmark, as described in your PDS, by taking long and short positions using derivative instruments such as futures linked to indices in multiple asset classes.
Fund Strategy
The strategy does not make investments in underlying hedge funds. Currency exposures are not hedged back to Australian dollars, and are instead used as values add strategy. The strategy is allowed to gear using its short positions - no more than 30% of the Net Asset Value of the fund.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.7% -1.46% -0.4% 4.93% -0.04% 0.06% -0.18% -%
Growth return -1.7% -1.46% -0.4% 4.93% -0.04% 0.06% -0.18% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 30 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime & Custom Super - Alternative Index
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.79%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime & Custom Super - Alternative Index
Closed
AMP1826AU
Alternative - Other
Not Rated
Superannuation Fund
12 Nov 2012
$2.2 million (as at 30 Sep 2021)
$1.18111 (as at 30 Sep 2021)
$1.18111 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
MER 2.72% (as at 7 May 2021)
Indirect Cost Ratio (ICR) 2.72% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Sep 2022)

Holding (as at 30 Sep 2022) Type % of Portfolio
Cash Aud (Shown In Aud) Cash - Currency 97.05%
Login now to view the complete list of holdings.

FAQs about the AMP - Flexible Lifetime & Custom Super - Alternative Index

The objective of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is The strategy seeks to provide returns similar to the customised HFRI benchmark, as described in your PDS, by taking long and short positions using derivative instruments such as futures linked to indices in multiple asset classes.

The strategy of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is The strategy does not make investments in underlying hedge funds. Currency exposures are not hedged back to Australian dollars, and are instead used as values add strategy. The strategy is allowed to gear using its short positions - no more than 30% of the Net Asset Value of the fund.

The APIR code of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is AMP1826AU.

AMP - Flexible Lifetime & Custom Super - Alternative Index’s total return last month was -1.7%. This was made up of a growth return of -1.7% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime & Custom Super - Alternative Index’s total return for the last three months was -1.46%. This was made up of a growth return of -1.46% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime & Custom Super - Alternative Index’s one-year total return is 4.93%. This was made up of a growth return of 4.93% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime & Custom Super - Alternative Index’s one-year total return is 0.06%. This was made up of a growth return of 0.06% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund was $2.2 million.

The AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund has an inception date of 12 Nov 2012.

The current entry price of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is $1.18111 per unit and the current exit price is $1.18111 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is $1.18111 per unit and the current entry price is $1.18111 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Lifetime & Custom Super - Alternative Index managed fund is $0. Minimum additional investment is $0.

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.