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  5. AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share - Managed Fund (Closed)

Fund Objective
The ING Wholesale Australian Share Trust aims to achieve returns (before fees, charges and taxes) that exceed the S&P/ASX 300 Accumulation Index, over periods of three years or more.
Fund Strategy
The Trust invests predominantly in a diversified portfolio of Australian shares, in accordance with ING Investment Management Limited's ('INGIM') Price for Growth investment process.

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 -0.97% 4.91% -7.17% -3.78% 11.99% 4.62% 7.49% 8.96%
Growth return -87.11% -86.34% -89.77% -89.52% -64.76% -53.07% -35.18% -18.05%
Income return 86.14% 91.25% 82.6% 85.74% 76.75% 57.69% 42.67% 27.01%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 30 Sep 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share
Australian Equities
87.17%
International Equities
4.59%
Cash
3.84%
Property & Infrastructure
4.40%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
International Equities
4.82%
Cash
-0.78%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share
Closed
IPAC Asset Management Limited
AMP1639AU
Equity Australia Large Blend
starstarstarstar (as at 30 Sep 2022)
Investment Fund
12 Nov 2010
$2.31 million (as at 31 Aug 2022)
$0.12817 (as at 30 Sep 2022)
$0.12766 (as at 30 Sep 2022)
Finalised
Offer information
Type Description
MER 1.85% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 1.85% (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

Top 10 holdings (as at 30 Jun 2018)

Holding (as at 30 Jun 2018) Type % of Portfolio
BHP Billiton Ltd Equity 7.99%
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FAQs about the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share

The objective of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is The ING Wholesale Australian Share Trust aims to achieve returns (before fees, charges and taxes) that exceed the S&P/ASX 300 Accumulation Index, over periods of three years or more.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is The Trust invests predominantly in a diversified portfolio of Australian shares, in accordance with ING Investment Management Limited's ('INGIM') Price for Growth investment process.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is AMP1639AU.

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share’s total return last month was -0.97%. This was made up of a growth return of -87.11% and an income return of 86.14%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share’s total return for the last three months was 4.91%. This was made up of a growth return of -86.34% and an income return of 91.25%%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share’s one-year total return is -3.78%. This was made up of a growth return of -89.52% and an income return of 85.74%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share’s one-year total return is 4.62%. This was made up of a growth return of -53.07% and an income return of 57.69%. These returns were calculated as at 30 Sep 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is :

Australian Equities
87.17%
International Equities
4.59%
Cash
3.84%
Property & Infrastructure
4.40%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Aug 2022, the size of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund was $2.31 million.

The AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund has an inception date of 12 Nov 2010.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is $0.12817 per unit and the current exit price is $0.12766 per unit (as at 30 Sep 2022).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share managed fund is $0.12766 per unit and the current entry price is $0.12817 per unit (as at 30 Sep 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Alphinity Australian Share 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.