AMP - Flexible Super - Super - Super Easy Alternative - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return -1.04 -0.16 -0.55 1.94 -0.44 -1.42 2.83 -
Growth return -1.04 -0.16 -0.55 1.94 -0.44 -1.42 2.83 -
Income return 0 0 0 0 0 0 0 -

Market index (RBA Bank accepted Bills 90 Days)

Total return 0.16 0.5 0.93 1.79 1.79 1.93 2.2 3.26

Asset Allocation (31 May 2018)

Australian Equities 0%
International Equities 0%
Cash 0%
Property 0%
Fixed Interest 0%
Alternatives 100%
Asset Allocation

General Information

AMP - Flexible Super - Super - Super Easy Alternative
AMP Superannuation Limited
Alternative Strategies
Not Rated
Superannuation Fund
12 Nov 2012
$6.64 million (as at 30 Apr 2018)
$1.2352 (as at 15 Jun 2018)
$1.2352 (as at 15 Jun 2018)

Objectives and Strategy

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.
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.

Offer information

Indirect Cost Ratio (ICR) 1.65% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2018)

Holding Type % of Portfolio
Mini Msci Emg Mkt Jun18 Equity Index - Future 65.82%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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