AMP - Generations - AMP Australian Monthly 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 -0.08 0.08 0.77 2.08 2.74 3.14 3.43 4.34
Growth return -18 -18.06 -17.97 -17.94 -9.6 -51.05 -53.69 -31.94
Income return 17.92 18.14 18.74 20.02 12.34 54.19 57.12 36.28
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.08 0.34 0.82 1.82 1.84 1.81 2.03 2.96
As as 31 Oct 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - AMP Australian Monthly Income
Cash
76.18%
Fixed Interest
23.82%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
51.22%
Fixed Interest
48.68%
International Equities
0.02%
Alternatives
0.08%

General Information

Fund Details
Type Description
AMP - Generations - AMP Australian Monthly Income
Closed
AMP-National Mutual Funds Management Ltd
NML0570AU
Mortgages
starstarstar (as at 28 Feb 2011)
Investment Fund
30 Aug 2004
$1.64 million (as at 31 Oct 2016)
$0.02627 (as at 8 Nov 2016)
$0.02627 (as at 8 Nov 2016)
Fund Objective
The fund aims to provide a competitive monthly income return while at the same time providing a stable unit price.
Fund Strategy
The fund invests in a diversified portfolio of quality Australian loans, fixed interest securities and cash. Mortgages are actively managed with an emphasis on the management of credit risk. All loans are secured by a mortgage over property. The loan is generally restricted to 70 per cent of the value of the property or 80 per cent of the total development costs of development loans. Fixed interest securities will be used to manage liquidity positions while potentially offering superior returns to cash.
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.19% (as at 30 Jun 2016)
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

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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Underperforming
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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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