InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond - Managed fund profile

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond - Managed Fund (Closed)

Fund Objective
To provide a total return (income and capital growth) after costs and before tax, above the return from the benchmark over a rolling three-year basis.
Fund Strategy
The Fund invests primarily in short and long term fixed income securities. The Fund takes a multi-manager approach, where specialist investment managers who demonstrate competitive advantages in their fields of investment, source investments for the Fund. In selecting managers for the Fund, we aim for diversification of managers across: types of managers, from boutique investment managers to those with long histories, and asset sectors within the fixed income asset class, where appropriate to the Fund's investment strategy.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -2.01% -0.92% 0.26% -4.38% -0.96% 2.24% 1.16% 2.6%
Growth return -2.01% -0.92% 0.26% -4.38% -0.96% 2.24% 1.16% 2.6%
Income return 0% 0% 0% 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 30 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond
Cash
1.14%
Fixed Interest
98.86%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
3.02%
Fixed Interest
96%
Australian Equities
0.54%
International Equities
0.12%
Property
0%
Alternatives
0.32%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond
Closed
AMP0920AU
Bonds - Australia
star (as at 30 Sep 2021)
Allocated Pension
20 Sep 2004
$1.22 million (as at 30 Sep 2021)
$1.9163 (as at 30 Sep 2021)
$1.9163 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.10% (as at 30 Jun 2020)
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2023)

Holding (as at 31 Dec 2023) Type % of Portfolio
Ardea Australian Inflation Linked Bond Mutual Fund - Open End 12.05%
Login now to view the complete list of holdings.

FAQs about the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond

The objective of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is To provide a total return (income and capital growth) after costs and before tax, above the return from the benchmark over a rolling three-year basis.

The strategy of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is The Fund invests primarily in short and long term fixed income securities. The Fund takes a multi-manager approach, where specialist investment managers who demonstrate competitive advantages in their fields of investment, source investments for the Fund. In selecting managers for the Fund, we aim for diversification of managers across: types of managers, from boutique investment managers to those with long histories, and asset sectors within the fixed income asset class, where appropriate to the Fund's investment strategy.

The APIR code of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is AMP0920AU.

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond’s total return last month was -2.01%. This was made up of a growth return of -2.01% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond’s total return for the last three months was -0.92%. This was made up of a growth return of -0.92% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond’s one-year total return is -4.38%. This was made up of a growth return of -4.38% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond’s one-year total return is 2.24%. This was made up of a growth return of 2.24% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is :

Cash
1.14%
Fixed Interest
98.86%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund belongs to the Bonds - Australia sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund was $1.22 million.

The AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund has an inception date of 20 Sep 2004.

The current entry price of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is $1.9163 per unit and the current exit price is $1.9163 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is $1.9163 per unit and the current entry price is $1.9163 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Lifetime Term Pension - Future Directions Australian Bond managed fund is $1,500. 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.