AMP - Flexible Lifetime Allocated Pension - Invesco Global Targeted Returns - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -0.64 -0.95 -1.68 -2.98 -0.31 - - -
Growth return -0.64 -0.95 -1.68 -2.98 -0.31 - - -
Income return 0 0 0 0 0 - - -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.16 0.5 0.93 1.79 1.79 1.93 2.2 3.26

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

General Information

AMP - Flexible Lifetime Allocated Pension - Invesco Global Targeted Returns
AMP Superannuation Limited
Alternative Strategies ? Diversified
Not Rated
Superannuation Fund
14 Dec 2015
$6.26 million (as at 30 Apr 2018)
$1.01841 (as at 19 Jun 2018)
$1.01841 (as at 19 Jun 2018)

Objectives and Strategy

strategy is a fundamental, unconstrained, global macro style approach focused on blending a diversified, value-adding set of investment ideas into a single risk-managed portfolio. It aims to achieve a positive total return in all market conditions, targeting a gross return of cash 5% p.a. with less than half the volatility of global equities over rolling three-year periods.
The strategy invests in an underlying fund that is hedged to Australian dollars. This underlying fund may invest in equities, equity related securities, debt securities, real estate investment trusts (REITs), units of ETFs and other funds, cash and cash equivalents, money market instruments, and any other eligible instrument that could include indirect exposure to commodities. This exposure to the major asset classes can be taken via long and short positions in the underlying fund, both directly and indirectly.

Offer information

Indirect Cost Ratio (ICR) 3.08% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available

Top 10 holdings (as at 30 Apr 2018)

Holding Type % of Portfolio
Cac40 10 Euro Future May 18 18 Equity Index - Future 18.82%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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