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  5. AMP - Flexible Lifetime Allocated Pension - H3 Commodities - Managed fund profile

AMP - Flexible Lifetime Allocated Pension - H3 Commodities - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is to provide investors with exposure to an actively managed commodities portfolio that seeks to generate returns that are equal to or superior to that of major global commodity indices with the same or lower volatility, after fees and expenses, over a medium to long-term horizon.
Fund Strategy
The Fund will invest through an underlying fund, the H3 Fund, a Cayman Islands exempted company. The H3 Fund actively manages and provides exposure to a diversified basket of global commodities that are listed on European and American commodity exchanges. Exposure to the underlying commodities is gained through using long only futures contracts with zero leverage.

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 -0.1% 2.18% -5.94% -11.88% -9.46% -9.28% -% -%
Growth return -0.1% 2.18% -5.94% -11.88% -9.46% -9.28% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (Morningstar Long-Only Commodity TR AUD)
Total return 7.31% 15.54% 26.62% 41.74% 1.8% 2.09% 3.54% -1.44%
As at 28 Feb 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Allocated Pension - H3 Commodities
Cash
0.35%
Alternatives
99.65%
International Equities
0%
Average Allocation of Peers
Cash
2.28%
Alternatives
86.61%
International Equities
11.11%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Allocated Pension - H3 Commodities
Closed
AMP Superannuation Limited
AMP1633AU
Commodities & Precious Metals
Not Rated
Allocated Pension
12 Nov 2010
$0.1 million (as at 28 Feb 2015)
$0.68578 (as at 5 Mar 2015)
$0.68578 (as at 5 Mar 2015)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
Minimum initial investment $20,000
Minimum additional investments $1,500.00
Minimum redemption amount

FAQs about the AMP - Flexible Lifetime Allocated Pension - H3 Commodities

The objective of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is The investment objective of the Fund is to provide investors with exposure to an actively managed commodities portfolio that seeks to generate returns that are equal to or superior to that of major global commodity indices with the same or lower volatility, after fees and expenses, over a medium to long-term horizon.

The strategy of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is The Fund will invest through an underlying fund, the H3 Fund, a Cayman Islands exempted company. The H3 Fund actively manages and provides exposure to a diversified basket of global commodities that are listed on European and American commodity exchanges. Exposure to the underlying commodities is gained through using long only futures contracts with zero leverage.

The APIR code of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is AMP1633AU.

AMP - Flexible Lifetime Allocated Pension - H3 Commodities’s total return last month was -0.1%. This was made up of a growth return of -0.1% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

AMP - Flexible Lifetime Allocated Pension - H3 Commodities’s total return for the last three months was 2.18%. This was made up of a growth return of 2.18% and an income return of 0%%. These returns were calculated as at 28 Feb 2015.

AMP - Flexible Lifetime Allocated Pension - H3 Commodities’s one-year total return is -11.88%. This was made up of a growth return of -11.88% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

AMP - Flexible Lifetime Allocated Pension - H3 Commodities’s one-year total return is -9.28%. This was made up of a growth return of -9.28% and an income return of 0%. These returns were calculated as at 28 Feb 2015.

The asset allocation of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is :

Cash
0.35%
Alternatives
99.65%
International Equities
0%

The Responsible Entity for the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is AMP Superannuation Limited.

The AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund belongs to the Commodities & Precious Metals sector/asset class.

As at 28 Feb 2015, the size of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund was $0.1 million.

The AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund has an inception date of 12 Nov 2010.

The current entry price of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is $0.68578 per unit and the current exit price is $0.68578 per unit (as at 5 Mar 2015).

The current exit price of the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is $0.68578 per unit and the current entry price is $0.68578 per unit (as at 5 Mar 2015).

The minimum initial investment amount for the AMP - Flexible Lifetime Allocated Pension - H3 Commodities managed fund is $20,000. Minimum additional investment is $1500.

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.