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  5. AMP - Flexible Super - Retirement - Invesco Global Targeted Returns - Managed fund profile

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns - Managed Fund (Closed)

Fund Objective
strategy is a fundamental, unconstrained, global macro style approach focused on blending a diversified, value-adding set of investment ideas into a single risk-managed portfolio. It aims to achieve a positive total return in all market conditions, targeting a gross return of cash 5% p.a. with less than half the volatility of global equities over rolling three-year periods.
Fund Strategy
The strategy invests in an underlying fund that is hedged to Australian dollars. This underlying fund may invest in equities, equity related securities, debt securities, real estate investment trusts (REITs), units of ETFs and other funds, cash and cash equivalents, money market instruments, and any other eligible instrument that could include indirect exposure to commodities. This exposure to the major asset classes can be taken via long and short positions in the underlying fund, both directly and indirectly.

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 0.29% 0.89% 1.78% 0.02% -1.1% -0.85% -0.42% -%
Growth return 0.29% 0.89% 1.78% 0.02% -1.1% -0.85% -0.42% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 30 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns
Cash
0.20%
Alternatives
99.80%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
44.79%
Alternatives
22.40%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.44%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
AMP - Flexible Super - Retirement - Invesco Global Targeted Returns
Closed
AMP2051AU
Alternative - Multistrategy
Not Rated
Superannuation Fund
14 Dec 2015
$16.34 million (as at 30 Sep 2021)
$1.0016 (as at 30 Sep 2021)
$1.0016 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
MER 2.74% (as at 7 May 2021)
Indirect Cost Ratio (ICR) 2.74% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
E-mini Russell 2000 Index Future Mar 24 Equity Index - Future 14.61%
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FAQs about the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns

The objective of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is strategy is a fundamental, unconstrained, global macro style approach focused on blending a diversified, value-adding set of investment ideas into a single risk-managed portfolio. It aims to achieve a positive total return in all market conditions, targeting a gross return of cash + 5% p.a. with less than half the volatility of global equities over rolling three-year periods.

The strategy of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is The strategy invests in an underlying fund that is hedged to Australian dollars. This underlying fund may invest in equities, equity related securities, debt securities, real estate investment trusts (REITs), units of ETFs and other funds, cash and cash equivalents, money market instruments, and any other eligible instrument that could include indirect exposure to commodities. This exposure to the major asset classes can be taken via long and short positions in the underlying fund, both directly and indirectly.

The APIR code of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is AMP2051AU.

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns’s total return last month was 0.29%. This was made up of a growth return of 0.29% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns’s total return for the last three months was 0.89%. This was made up of a growth return of 0.89% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns’s one-year total return is 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 30 Sep 2021.

AMP - Flexible Super - Retirement - Invesco Global Targeted Returns’s one-year total return is -0.85%. This was made up of a growth return of -0.85% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is :

Cash
0.20%
Alternatives
99.80%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund belongs to the Alternative - Multistrategy sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund was $16.34 million.

The AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund has an inception date of 14 Dec 2015.

The current entry price of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is $1.0016 per unit and the current exit price is $1.0016 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns managed fund is $1.0016 per unit and the current entry price is $1.0016 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Super - Retirement - Invesco Global Targeted Returns 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.