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  5. AMP - Flexible Super - Retirement - RCM International Equities - Managed fund profile

AMP - Flexible Super - Retirement - RCM International Equities - Managed Fund (Closed)

Fund Objective
To provide superior returns over a full market cycle while accepting a high level of volatility, by investing in quality international equities (ex Australian) that possess superior management, differentiated products or services and are expected to grow at a rate greater than the market.
Fund Strategy
The portfolio will generally holds 60-100 listed stocks broadly diversified across countries and sectors, have a limit on individual holdings within the portfolio, have a limit on the holdings of the issued shares in any one company. The portfolio generally holds less than 5% cash and will not hedge its foreign currency exposure. The portfolio can hold IPO that are expected to be listed within 180 days. The manager has the discretion to use derivatives to achieve market exposure but will not use derivatives to gear the portfolio.

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 2.54% 0.47% -% -% -% -% -% -%
Growth return 2.54% 0.47% -% -% -% -% -% -%
Income return 0% 0% -% -% -% -% -% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Oct 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Super - Retirement - RCM International Equities
International Equities
98.90%
Cash
1.10%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.05%
Cash
3.01%
Australian Equities
3.12%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
AMP - Flexible Super - Retirement - RCM International Equities
Closed
AMP Superannuation Limited
AMP1369AU
Equity World Large Growth
Not Rated
Allocated Pension
21 May 2010
$0.23 million (as at 31 Oct 2010)
$0.96862 (as at 11 Nov 2010)
$0.96862 (as at 11 Nov 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.65% (as at 22 May 2010) (Estimated)
Minimum initial investment $20,000

FAQs about the AMP - Flexible Super - Retirement - RCM International Equities

The objective of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is To provide superior returns over a full market cycle while accepting a high level of volatility, by investing in quality international equities (ex Australian) that possess superior management, differentiated products or services and are expected to grow at a rate greater than the market.

The strategy of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is The portfolio will generally holds 60-100 listed stocks broadly diversified across countries and sectors, have a limit on individual holdings within the portfolio, have a limit on the holdings of the issued shares in any one company. The portfolio generally holds less than 5% cash and will not hedge its foreign currency exposure. The portfolio can hold IPO that are expected to be listed within 180 days. The manager has the discretion to use derivatives to achieve market exposure but will not use derivatives to gear the portfolio.

The APIR code of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is AMP1369AU.

AMP - Flexible Super - Retirement - RCM International Equities’s total return last month was 2.54%. This was made up of a growth return of 2.54% and an income return of 0%. These returns were calculated as at 31 Oct 2010.

AMP - Flexible Super - Retirement - RCM International Equities’s total return for the last three months was 0.47%. This was made up of a growth return of 0.47% and an income return of 0%%. These returns were calculated as at 31 Oct 2010.

AMP - Flexible Super - Retirement - RCM International Equities’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 2010.

AMP - Flexible Super - Retirement - RCM International Equities’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 2010.

The asset allocation of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is :

International Equities
98.90%
Cash
1.10%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Super - Retirement - RCM International Equities managed fund is AMP Superannuation Limited.

The AMP - Flexible Super - Retirement - RCM International Equities managed fund belongs to the Equity World Large Growth sector/asset class.

As at 31 Oct 2010, the size of the AMP - Flexible Super - Retirement - RCM International Equities managed fund was $0.23 million.

The AMP - Flexible Super - Retirement - RCM International Equities managed fund has an inception date of 21 May 2010.

The current entry price of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is $0.96862 per unit and the current exit price is $0.96862 per unit (as at 11 Nov 2010).

The current exit price of the AMP - Flexible Super - Retirement - RCM International Equities managed fund is $0.96862 per unit and the current entry price is $0.96862 per unit (as at 11 Nov 2010).

The minimum initial investment amount for the AMP - Flexible Super - Retirement - RCM International Equities managed fund is $20,000.

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.