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  5. AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income - Managed fund profile

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income - Managed Fund (Closed)

Fund Objective
To provide fixed income exposure with a steady income stream and low volatility over the medium-term. The investment option is not managed to track any particular index but is designed to provide absolute returns, without constraints, and aims to outperform both cash and bond markets across economic cycles.
Fund Strategy
The investment manager seeks to target opportunities across sectors and geographies, identifying strategies priced for the optimal return potential in the current market environment. Prospective investments are first assessed against the investment manager's macroeconomic view, then incorporating various decision variables such as duration, yield curve, country, sector and volatility.

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 0.16% 0.02% -0.07% 1.22% 1.81% -% -% -%
Growth return 0.16% 0.02% -0.07% 1.22% 1.81% -% -% -%
Income return 0% 0% 0% 0% 0% -% -% -%
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.12% 1.03% 4.85% 1.47% 0.91% -1.29% 0.17% 2.59%
As at 31 Oct 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
0.54%
International Equities
0.12%
Cash
3.02%
Property
0%
Fixed Interest
96%
Alternatives
0.32%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income
Closed
AMP Superannuation Limited
AMP1827AU
Unconstrained Fixed Income
Not Rated
Superannuation Fund
12 Nov 2012
$4.68 million (as at 31 Oct 2015)
$1.06157 (as at 13 Nov 2015)
$1.06157 (as at 13 Nov 2015)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
AGI Finance Pty Limited Bond - Corporate Bond 3.30%
Login now to view the complete list of holdings.

FAQs about the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income

The objective of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is To provide fixed income exposure with a steady income stream and low volatility over the medium-term. The investment option is not managed to track any particular index but is designed to provide absolute returns, without constraints, and aims to outperform both cash and bond markets across economic cycles.

The strategy of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is The investment manager seeks to target opportunities across sectors and geographies, identifying strategies priced for the optimal return potential in the current market environment. Prospective investments are first assessed against the investment manager's macroeconomic view, then incorporating various decision variables such as duration, yield curve, country, sector and volatility.

The APIR code of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is AMP1827AU.

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income’s total return last month was 0.16%. This was made up of a growth return of 0.16% and an income return of 0%. These returns were calculated as at 31 Oct 2015.

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income’s total return for the last three months was 0.02%. This was made up of a growth return of 0.02% and an income return of 0%%. These returns were calculated as at 31 Oct 2015.

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income’s one-year total return is 1.22%. This was made up of a growth return of 1.22% and an income return of 0%. These returns were calculated as at 31 Oct 2015.

AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2015.

The asset allocation of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is :

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

The Responsible Entity for the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is AMP Superannuation Limited.

The AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund belongs to the Unconstrained Fixed Income sector/asset class.

As at 31 Oct 2015, the size of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund was $4.68 million.

The AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund has an inception date of 12 Nov 2012.

The current entry price of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is $1.06157 per unit and the current exit price is $1.06157 per unit (as at 13 Nov 2015).

The current exit price of the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is $1.06157 per unit and the current entry price is $1.06157 per unit (as at 13 Nov 2015).

The minimum initial investment amount for the AMP - Flexible Lifetime & Custom Super - Kapstream Absolute Return Income managed fund is $0. Minimum additional investment is $0.

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.