InvestSMART

AMP - Generations - Alternative Balanced Fund - Managed Fund (Closed)

Fund Objective
To provide moderate growth in your investment over the medium to long term, with moderate fluctuations in value likely. Broad diversification, including exposure to alternative investments, is used to help reduce fluctuations.
Fund Strategy
The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Broad diversification including exposure to alternative investments is used to help reduce fluctuations. Over 20% of the portfolio is invested in alternatives.

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 -0.03% 3.63% 5.37% 13.07% 4.27% 3.71% 4.68% 5.73%
Growth return -0.03% 3.63% 5.37% 12.21% 3.64% 2.55% 1.97% 2.72%
Income return 0% 0% 0% 0.86% 0.63% 1.16% 2.71% 3.01%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.46% 4.16% 11.05% 13.41% 17.1% 12.49% 9.66% 8.09%
As at 31 May 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - Alternative Balanced Fund
Australian Equities
21.15%
International Equities
23.56%
Cash
6.58%
Property & Infrastructure
5.66%
Fixed Interest
16.47%
Alternatives
26.58%
Average Allocation of Peers
Australian Equities
27.21%
International Equities
35.54%
Cash
5.94%
Property & Infrastructure
6.33%
Fixed Interest
20.59%
Alternatives
4.38%

General Information

Fund Details
Type Description
AMP - Generations - Alternative Balanced Fund
Closed
AMP-National Mutual Funds Management Ltd
IPA0061AU
Multisector Growth
Not Rated
Investment Fund
20 Apr 2006
$8.83 million (as at 31 May 2021)
$0.97107 (as at 4 Jun 2021)
$0.96807 (as at 4 Jun 2021)
Finalised
Offer information
Type Description
MER 2.52% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 2.52% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0.1
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

FAQs about the AMP - Generations - Alternative Balanced Fund

The objective of the AMP - Generations - Alternative Balanced Fund managed fund is To provide moderate growth in your investment over the medium to long term, with moderate fluctuations in value likely. Broad diversification, including exposure to alternative investments, is used to help reduce fluctuations.

The strategy of the AMP - Generations - Alternative Balanced Fund managed fund is The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Broad diversification including exposure to alternative investments is used to help reduce fluctuations. Over 20% of the portfolio is invested in alternatives.

The APIR code of the AMP - Generations - Alternative Balanced Fund managed fund is IPA0061AU.

AMP - Generations - Alternative Balanced Fund’s total return last month was -0.03%. This was made up of a growth return of -0.03% and an income return of 0%. These returns were calculated as at 31 May 2021.

AMP - Generations - Alternative Balanced Fund’s total return for the last three months was 3.63%. This was made up of a growth return of 3.63% and an income return of 0%%. These returns were calculated as at 31 May 2021.

AMP - Generations - Alternative Balanced Fund’s one-year total return is 13.07%. This was made up of a growth return of 12.21% and an income return of 0.86%. These returns were calculated as at 31 May 2021.

AMP - Generations - Alternative Balanced Fund’s one-year total return is 3.71%. This was made up of a growth return of 2.55% and an income return of 1.16%. These returns were calculated as at 31 May 2021.

The asset allocation of the AMP - Generations - Alternative Balanced Fund managed fund is :

Australian Equities
21.15%
International Equities
23.56%
Cash
6.58%
Property & Infrastructure
5.66%
Fixed Interest
16.47%
Alternatives
26.58%

The Responsible Entity for the AMP - Generations - Alternative Balanced Fund managed fund is AMP-National Mutual Funds Management Ltd.

The AMP - Generations - Alternative Balanced Fund managed fund belongs to the Multisector Growth sector/asset class.

As at 31 May 2021, the size of the AMP - Generations - Alternative Balanced Fund managed fund was $8.83 million.

The AMP - Generations - Alternative Balanced Fund managed fund has an inception date of 20 Apr 2006.

The current entry price of the AMP - Generations - Alternative Balanced Fund managed fund is $0.97107 per unit and the current exit price is $0.96807 per unit (as at 4 Jun 2021).

The current exit price of the AMP - Generations - Alternative Balanced Fund managed fund is $0.96807 per unit and the current entry price is $0.97107 per unit (as at 4 Jun 2021).

The minimum initial investment amount for the AMP - Generations - Alternative Balanced Fund 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.