AMP - Flexible Super - Retirement - Kapstream Absolute Return Income - Managed Fund

Fund Performance Comparison

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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.

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 0.25 0.19 0.27 2.01 2.64 - - -
Growth return 0.25 0.19 0.27 2.01 2.64 - - -
Income return 0 0 0 0 0 - - -
Market index (Bloomberg AusBond Composite 0+Y TR AUD)
Total return 1.51 3.54 7.53 11.2 7.46 4.68 5.3 6.12
As as 31 Oct 2015. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Super - Retirement - Kapstream Absolute Return Income
Cash
-1.13%
Fixed Interest
101.13%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
7.33%
Fixed Interest
88.53%
Australian Equities
3.82%
International Equities
0.11%
Property
0.07%
Alternatives
0.13%

General Information

Fund Details
Type Description
AMP - Flexible Super - Retirement - Kapstream Absolute Return Income
Closed
AMP Superannuation Limited
AMP1847AU
Multi-Strategy Income
Not Rated
Allocated Pension
12 Nov 2012
$18.12 million (as at 31 Oct 2015)
$1.0883 (as at 13 Nov 2015)
$1.0883 (as at 13 Nov 2015)
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.
Offer information
Type Description
Minimum initial investment $20,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2019)

Holding (as at 30 Jun 2019) Type % of Portfolio
Swap Irs X Aud/ 20281005 Interest Rate Swap 1.62%
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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 cannot 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.

How is your fund performing?

Out of the 5,494 Australian funds researched with a 10 year track record, 81% underperform the industry standard benchmarks by an average of 2.12%, with average fees of 1.79%^.

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Our Managed Funds

Returns Since Inception
InvestSMART International Equities 11.25%
InvestSMART High Growth 9.13%
Intelligent Investor Equity Growth 8.98%
InvestSMART Diversified Property and Infrastructure 8.67%
Intelligent Investor Equity Income 8.64%
InvestSMART Growth 8.42%
InvestSMART Balanced 6.84%
InvestSMART Conservative 5.41%
InvestSMART Hybrid Income 5.37%
Intelligent Investor Australian Small Companies Fund 5.27%
InvestSMART Interest Income 3.90%

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