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  5. AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 - Managed fund profile

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 - Managed Fund (Closed)

Fund Objective
To provide for a distribution rate of 0.50% per month and to achieve an underlying balance of capital growth and income over the medium to long term, primarily through a diversified portfolio of shares, property, fixed interest, and cash.
Fund Strategy
The Fund invests in a diversified portfolio of shares, property, fixed interest, and cash.

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 -3.18% -2.66% -1.83% -1.6% 7.08% 3.62% 3.86% 5.1%
Growth return -3.18% -3.68% -4.94% -8.76% -0.27% -3.93% -3.11% -2.19%
Income return 0% 1.02% 3.11% 7.16% 7.35% 7.55% 6.97% 7.29%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 1.42% 4.1% 5.63% 9.6% 10.37% 9.02% 6.33% 6.31%
As at 31 May 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3
Australian Equities
45.60%
International Equities
5.96%
Cash
13.42%
Property & Infrastructure
2.88%
Fixed Interest
32.14%
Alternatives
0%
Average Allocation of Peers
Australian Equities
16.39%
International Equities
27.86%
Cash
8.26%
Property & Infrastructure
3.78%
Fixed Interest
36.21%
Alternatives
7.50%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - AMP Monthly Income No 3
Closed
AMP Capital Funds Management Ltd
GIO0003AU
Multisector Balanced
star (as at 31 May 2022)
Investment Fund
1 Nov 1993
$30.28 million (as at 30 Apr 2022)
$0.64261 (as at 15 Jun 2022)
$0.64081 (as at 15 Jun 2022)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.47% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 1.47% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3

The objective of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is To provide for a distribution rate of 0.50% per month and to achieve an underlying balance of capital growth and income over the medium to long term, primarily through a diversified portfolio of shares, property, fixed interest, and cash.

The strategy of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is The Fund invests in a diversified portfolio of shares, property, fixed interest, and cash.

The APIR code of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is GIO0003AU.

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3’s total return last month was -3.18%. This was made up of a growth return of -3.18% and an income return of 0%. These returns were calculated as at 31 May 2022.

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3’s total return for the last three months was -2.66%. This was made up of a growth return of -3.68% and an income return of 1.02%%. These returns were calculated as at 31 May 2022.

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3’s one-year total return is -1.6%. This was made up of a growth return of -8.76% and an income return of 7.16%. These returns were calculated as at 31 May 2022.

AMP - Flexible Lifetime Investments - AMP Monthly Income No 3’s one-year total return is 3.62%. This was made up of a growth return of -3.93% and an income return of 7.55%. These returns were calculated as at 31 May 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is :

Australian Equities
45.60%
International Equities
5.96%
Cash
13.42%
Property & Infrastructure
2.88%
Fixed Interest
32.14%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is AMP Capital Funds Management Ltd.

The AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Apr 2022, the size of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund was $30.28 million.

The AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund has an inception date of 1 Nov 1993.

The current entry price of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is $0.64261 per unit and the current exit price is $0.64081 per unit (as at 15 Jun 2022).

The current exit price of the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is $0.64081 per unit and the current entry price is $0.64261 per unit (as at 15 Jun 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - AMP Monthly Income No 3 managed fund is $1,500. Minimum additional investment is $500.

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.