InvestSMART

AMP - Flexible Super - Super - Super Easy Alternative - Managed Fund (Closed)

Fund Objective
To provide returns over the long term similar to a customized Hedge strategy Replication Index (HFRI) benchmark, by taking long and short positions using derivative instruments such as futures linked to indices in multiple asset classes.
Fund Strategy
Investments are made across US and global equity futures markets (large and small cap), US and international government bond futures markets, currency futures markets and commodity futures markets. The strategy does not make investments in underlying hedge strategies. Currency exposures are not hedged back to Australian dollars, and are instead used as a value adds strategy. The strategy is allowed to gear using its short positions - no more than 30% of the Net Asset Value of the strategy.

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 -1.65% -1.3% -0.07% 5.61% 0.61% 0.71% 0.46% -%
Growth return -1.65% -1.3% -0.07% 5.61% 0.61% 0.71% 0.46% -%
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 - Super - Super Easy Alternative
Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Alternatives
22.39%
Australian Equities
3.95%
International Equities
6.74%
Cash
44.81%
Property & Infrastructure
1.43%
Fixed Interest
20.69%

General Information

Fund Details
Type Description
AMP - Flexible Super - Super - Super Easy Alternative
Closed
AMP1842AU
Alternative - Other
Not Rated
Superannuation Fund
12 Nov 2012
$4.22 million (as at 30 Sep 2021)
$1.25148 (as at 30 Sep 2021)
$1.25148 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
MER 2.05% (as at 7 May 2021)
Indirect Cost Ratio (ICR) 2.05% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2022)

Holding (as at 30 Sep 2022) Type % of Portfolio
Cash Aud (Shown In Aud) Cash - Currency 97.05%
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FAQs about the AMP - Flexible Super - Super - Super Easy Alternative

The objective of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is To provide returns over the long term similar to a customized Hedge strategy Replication Index (HFRI) benchmark, by taking long and short positions using derivative instruments such as futures linked to indices in multiple asset classes.

The strategy of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is Investments are made across US and global equity futures markets (large and small cap), US and international government bond futures markets, currency futures markets and commodity futures markets. The strategy does not make investments in underlying hedge strategies. Currency exposures are not hedged back to Australian dollars, and are instead used as a value adds strategy. The strategy is allowed to gear using its short positions - no more than 30% of the Net Asset Value of the strategy.

The APIR code of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is AMP1842AU.

AMP - Flexible Super - Super - Super Easy Alternative’s total return last month was -1.65%. This was made up of a growth return of -1.65% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Super - Super - Super Easy Alternative’s total return for the last three months was -1.3%. This was made up of a growth return of -1.3% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Super - Super - Super Easy Alternative’s one-year total return is 5.61%. This was made up of a growth return of 5.61% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Super - Super - Super Easy Alternative’s one-year total return is 0.71%. This was made up of a growth return of 0.71% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The AMP - Flexible Super - Super - Super Easy Alternative managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Super - Super - Super Easy Alternative managed fund was $4.22 million.

The AMP - Flexible Super - Super - Super Easy Alternative managed fund has an inception date of 12 Nov 2012.

The current entry price of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is $1.25148 per unit and the current exit price is $1.25148 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Super - Super - Super Easy Alternative managed fund is $1.25148 per unit and the current entry price is $1.25148 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Super - Super - Super Easy Alternative 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.