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  5. AMP - Flexible Lifetime Investments - ING Protected Growth - Managed fund profile

AMP - Flexible Lifetime Investments - ING Protected Growth - Managed Fund (Closed)

Fund Objective
To provide long term capital growth and to limit losses in falling markets through investing in an actively managed mix of growth assets, cash and fixed interest.
Fund Strategy
The fund will invest in a Deferred Purchase Agreement (DPA) which will deliver to the Fund, at the DPA maturity date, Chinese stock to the value of the Net Initial Investment (ie investment net of initial sales charge).This is provided by the fund guarantor (National Australia Bank), plus option payoff value.The DPA will have a maturity date 6 years from the investment date. Post DPA Maturity the fund will invest in a passive basket (no active management) of Chinese stocks that will approximate the FTSE/Xinhua China 25 Index at maturity date.

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 -0.04% -0.61% 4.41% 4.13% -% -0.02% -% -%
Growth return -0.04% -69.38% -67.83% -69.05% -45.61% -34.85% -% -%
Income return 0% 68.77% 72.24% 73.18% -% 34.83% -% -%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 2.01% 4.52% 10.56% 10.77% 4.44% 4.22% 5.24% 6.13%
As at 28 Feb 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
6.16%
Australian Equities
16.69%
International Equities
26.68%
Cash
9.27%
Property
4.39%
Fixed Interest
36.81%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - ING Protected Growth
Closed
AMP Capital Funds Management Ltd
AMP1118AU
Multisector Balanced
Not Rated
Investment Fund
13 Jun 2007
$0 million (as at 31 Jan 2011)
$0.25391 (as at 28 Feb 2011)
$0.25391 (as at 28 Feb 2011)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.65% (as at 31 Dec 2009)
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

FAQs about the AMP - Flexible Lifetime Investments - ING Protected Growth

The objective of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is To provide long term capital growth and to limit losses in falling markets through investing in an actively managed mix of growth assets, cash and fixed interest.

The strategy of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is The fund will invest in a Deferred Purchase Agreement (DPA) which will deliver to the Fund, at the DPA maturity date, Chinese stock to the value of the Net Initial Investment (ie investment net of initial sales charge).This is provided by the fund guarantor (National Australia Bank), plus option payoff value.The DPA will have a maturity date 6 years from the investment date. Post DPA Maturity the fund will invest in a passive basket (no active management) of Chinese stocks that will approximate the FTSE/Xinhua China 25 Index at maturity date.

The APIR code of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is AMP1118AU.

AMP - Flexible Lifetime Investments - ING Protected Growth’s total return last month was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%. These returns were calculated as at 28 Feb 2011.

AMP - Flexible Lifetime Investments - ING Protected Growth’s total return for the last three months was -0.61%. This was made up of a growth return of -69.38% and an income return of 68.77%%. These returns were calculated as at 28 Feb 2011.

AMP - Flexible Lifetime Investments - ING Protected Growth’s one-year total return is 4.13%. This was made up of a growth return of -69.05% and an income return of 73.18%. These returns were calculated as at 28 Feb 2011.

AMP - Flexible Lifetime Investments - ING Protected Growth’s one-year total return is -0.02%. This was made up of a growth return of -34.85% and an income return of 34.83%. These returns were calculated as at 28 Feb 2011.

The asset allocation of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is :

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

The Responsible Entity for the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is AMP Capital Funds Management Ltd.

The AMP - Flexible Lifetime Investments - ING Protected Growth managed fund belongs to the Multisector Balanced sector/asset class.

As at 31 Jan 2011, the size of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund was $0 million.

The AMP - Flexible Lifetime Investments - ING Protected Growth managed fund has an inception date of 13 Jun 2007.

The current entry price of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is $0.25391 per unit and the current exit price is $0.25391 per unit (as at 28 Feb 2011).

The current exit price of the AMP - Flexible Lifetime Investments - ING Protected Growth managed fund is $0.25391 per unit and the current entry price is $0.25391 per unit (as at 28 Feb 2011).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - ING Protected Growth 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.