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  5. AMP - Flexible Lifetime Allocated Pension - Professional Balanced - Managed fund profile

AMP - Flexible Lifetime Allocated Pension - Professional Balanced - Managed Fund (Closed)

Fund Objective
To provide moderate investment returns over the long term, with the likelihood of fluctuations in the value of the investment from year to year.
Fund Strategy
The portfolio will primarily invest in a diversified mix of defensive and growth assets managed by professional asset managers identified and selected by ipac within each asset class.

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 -1.97% 0.81% 5.96% 18.33% 6.92% 6.92% 7.22% -%
Growth return -1.97% 0.81% 5.96% 18.33% 6.92% 6.92% 7.22% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
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 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Allocated Pension - Professional Balanced
Australian Equities
28.53%
International Equities
39.11%
Cash
5.18%
Property & Infrastructure
3.69%
Fixed Interest
23.22%
Alternatives
0.28%
Average Allocation of Peers
Australian Equities
27.27%
International Equities
35.24%
Cash
6.11%
Property & Infrastructure
6.35%
Fixed Interest
21.01%
Alternatives
4.02%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Allocated Pension - Professional Balanced
Closed
AMP1948AU
Multisector Growth
starstar (as at 30 Sep 2021)
Allocated Pension
1 Jul 2014
$19.08 million (as at 30 Sep 2021)
$1.59125 (as at 30 Sep 2021)
$1.59125 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
MER 2.47% (as at 7 May 2021)
Indirect Cost Ratio (ICR) - Estimated 2.45% (as at 30 Jun 2020) (Estimated)
Performance fee (included in ICR) 0.05
Minimum initial investment $20,000
Minimum additional investments $1,500.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
Commonwealth Bank of Australia Equity 2.81%
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FAQs about the AMP - Flexible Lifetime Allocated Pension - Professional Balanced

The objective of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is To provide moderate investment returns over the long term, with the likelihood of fluctuations in the value of the investment from year to year.

The strategy of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is The portfolio will primarily invest in a diversified mix of defensive and growth assets managed by professional asset managers identified and selected by ipac within each asset class.

The APIR code of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is AMP1948AU.

AMP - Flexible Lifetime Allocated Pension - Professional Balanced’s total return last month was -1.97%. This was made up of a growth return of -1.97% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - Professional Balanced’s total return for the last three months was 0.81%. This was made up of a growth return of 0.81% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - Professional Balanced’s one-year total return is 18.33%. This was made up of a growth return of 18.33% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - Professional Balanced’s one-year total return is 6.92%. This was made up of a growth return of 6.92% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is :

Australian Equities
28.53%
International Equities
39.11%
Cash
5.18%
Property & Infrastructure
3.69%
Fixed Interest
23.22%
Alternatives
0.28%

The AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund was $19.08 million.

The AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund has an inception date of 1 Jul 2014.

The current entry price of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is $1.59125 per unit and the current exit price is $1.59125 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Lifetime Allocated Pension - Professional Balanced managed fund is $1.59125 per unit and the current entry price is $1.59125 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Lifetime Allocated Pension - Professional Balanced 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.