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  5. AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share - Managed Fund (Closed)

Fund Objective
The objective is to provide a total return, after costs and before tax, above the return from the MSCI All Country Asia ex Japan Net Index on a rolling 3 to 5 years basis.
Fund Strategy
To provide high returns over the long term, while accepting a higher level of volatility, through a diversified portfolio of international shares within the Asia (ex-Japan) universe.

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% 2.56% -3.08% -11.66% -3.11% 0.26% 1.12% 8.03%
Growth return 0% -70.9% -73.37% -75.73% -55.64% -43.1% -30.39% -10.85%
Income return 0% 73.46% 70.29% 64.07% 52.53% 43.36% 31.51% 18.88%
Market index (MSCI AC Asia Ex Japan NR AUD)
Total return -0.55% 8.13% 10.82% 23.32% 16.72% 12.75% 7.31% 8.45%
As at 31 Oct 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share
International Equities
97.48%
Cash
2.52%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
96.47%
Cash
3.52%
Property & Infrastructure
0.02%
Fixed Interest
-0.01%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share
Closed
IPAC Asset Management Limited
AMP1408AU
Equity Asia Pacific w/o Japan
starstarstarstar (as at 31 Oct 2022)
Investment Fund
1 Jul 2010
$0.01 million (as at 31 Oct 2022)
$0.29345 (as at 7 Nov 2022)
$0.29199 (as at 7 Nov 2022)
Finalised
Offer information
Type Description
MER 2.37% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 2.45% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0.21
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 30 Jun 2022)

Holding (as at 30 Jun 2022) Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 7.69%
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FAQs about the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share

The objective of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is The objective is to provide a total return, after costs and before tax, above the return from the MSCI All Country Asia ex Japan Net Index on a rolling 3 to 5 years basis.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is To provide high returns over the long term, while accepting a higher level of volatility, through a diversified portfolio of international shares within the Asia (ex-Japan) universe.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is AMP1408AU.

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share’s total return for the last three months was 2.56%. This was made up of a growth return of -70.9% and an income return of 73.46%%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share’s one-year total return is -11.66%. This was made up of a growth return of -75.73% and an income return of 64.07%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share’s one-year total return is 0.26%. This was made up of a growth return of -43.1% and an income return of 43.36%. These returns were calculated as at 31 Oct 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is :

International Equities
97.48%
Cash
2.52%
Property & Infrastructure
0%
Fixed Interest
0%

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

The AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 31 Oct 2022, the size of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund was $0.01 million.

The AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund has an inception date of 1 Jul 2010.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is $0.29345 per unit and the current exit price is $0.29199 per unit (as at 7 Nov 2022).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian Share managed fund is $0.29199 per unit and the current entry price is $0.29345 per unit (as at 7 Nov 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Future Directions Asian 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.