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  5. AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.
Fund Strategy
The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

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 2.36% 5% 4.02% 0.34% 0.37% 0.26% 0.84% -%
Growth return 2.36% -25.69% -27.87% -30.42% -18.39% -14% -8.9% -%
Income return 0% 30.69% 31.89% 30.76% 18.76% 14.26% 9.74% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 0.33% 1.05% 3.11% 4.31% 4.73% 3.74% -0.03% 2.14%
As at 31 Oct 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Fixed Interest
92.51%
Australian Equities
0.63%
International Equities
0.02%
Cash
6.57%
Property & Infrastructure
0.02%
Alternatives
0.25%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities
Closed
IPAC Asset Management Limited
AMP2038AU
Bonds - Australia
Not Rated
Investment Fund
1 Dec 2015
$0.01 million (as at 31 Oct 2022)
$0.63271 (as at 10 Nov 2022)
$0.63063 (as at 10 Nov 2022)
Finalised
Offer information
Type Description
MER 1.53% (as at 30 Jun 2022)
Indirect Cost Ratio (ICR) 1.53% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,500.00
Minimum additional investments $500.00

FAQs about the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities

The objective of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is The Fund aims to outperform the Bloomberg AusBond Bank Bill Index over the medium term (before fees). It aims to provide higher income returns than traditional cash investments at all stages of interest rate and economic cycles.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is The Fund provides exposure to a wide range of Australian credit-based securities (predominantly floating and fixed rate corporate bonds, and asset-backed securities) and cash. The Fund may also have exposure to global investment grade credit securities, global high yield credit securities, emerging market debt, hybrid securities and a range of other credit opportunities when they are expected to outperform and reduce exposure to these sectors when they are expected to underperform.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is AMP2038AU.

AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities’s total return last month was 2.36%. This was made up of a growth return of 2.36% and an income return of 0%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities’s total return for the last three months was 5%. This was made up of a growth return of -25.69% and an income return of 30.69%%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities’s one-year total return is 0.34%. This was made up of a growth return of -30.42% and an income return of 30.76%. These returns were calculated as at 31 Oct 2022.

AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities’s one-year total return is 0.26%. This was made up of a growth return of -14% and an income return of 14.26%. These returns were calculated as at 31 Oct 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is :

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

The Responsible Entity for the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund belongs to the Bonds - Australia sector/asset class.

As at 31 Oct 2022, the size of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund was $0.01 million.

The AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund has an inception date of 1 Dec 2015.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is $0.63271 per unit and the current exit price is $0.63063 per unit (as at 10 Nov 2022).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities managed fund is $0.63063 per unit and the current entry price is $0.63271 per unit (as at 10 Nov 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Macquarie Income Opportunities 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.