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AMP - Generations - AMP Capital Diversified Credit - Managed Fund (Closed)

Fund Objective
To outperform the Bloomberg Ausbond Bank Bill Index through investment in fixed interest securities.
Fund Strategy
The Fund will seek to accomplish its objective by investing in a range of debt instruments, which may include, but not be limited to Corporate Bonds, Loans, Convertible Securities, Preference Shares and Asset Backed Securities. The Fund will have an overall investment grade credit rating.

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 0.01% -0.02% 0.25% 3.66% 1.38% 1.55% 1.63% 2.31%
Growth return -0.84% -1.6% -1.94% 0.61% -0.74% -0.35% 0.09% -0.05%
Income return 0.85% 1.58% 2.19% 3.05% 2.12% 1.9% 1.54% 2.36%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return -0.23% 0.69% 1.72% 4.42% 3.32% 3.98% -0.59% 1.95%
As at 31 May 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - AMP Capital Diversified Credit
Cash
0.42%
Fixed Interest
99.58%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
4.92%
Fixed Interest
92.86%
Australian Equities
0.04%
International Equities
-0.20%
Property & Infrastructure
0.27%
Alternatives
2.10%

General Information

Fund Details
Type Description
AMP - Generations - AMP Capital Diversified Credit
Closed
AMP-National Mutual Funds Management Ltd
NMF0003AU
Diversified Credit
star (as at 31 May 2021)
Investment Fund
5 May 2006
$2.11 million (as at 30 Apr 2021)
$0.96708 (as at 4 Jun 2021)
$0.96249 (as at 4 Jun 2021)
Finalised
Offer information
Type Description
MER 1.43% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 1.43% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00
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FAQs about the AMP - Generations - AMP Capital Diversified Credit

The objective of the AMP - Generations - AMP Capital Diversified Credit managed fund is To outperform the Bloomberg Ausbond Bank Bill Index through investment in fixed interest securities.

The strategy of the AMP - Generations - AMP Capital Diversified Credit managed fund is The Fund will seek to accomplish its objective by investing in a range of debt instruments, which may include, but not be limited to Corporate Bonds, Loans, Convertible Securities, Preference Shares and Asset Backed Securities. The Fund will have an overall investment grade credit rating.

The APIR code of the AMP - Generations - AMP Capital Diversified Credit managed fund is NMF0003AU.

AMP - Generations - AMP Capital Diversified Credit’s total return last month was 0.01%. This was made up of a growth return of -0.84% and an income return of 0.85%. These returns were calculated as at 31 May 2021.

AMP - Generations - AMP Capital Diversified Credit’s total return for the last three months was -0.02%. This was made up of a growth return of -1.6% and an income return of 1.58%%. These returns were calculated as at 31 May 2021.

AMP - Generations - AMP Capital Diversified Credit’s one-year total return is 3.66%. This was made up of a growth return of 0.61% and an income return of 3.05%. These returns were calculated as at 31 May 2021.

AMP - Generations - AMP Capital Diversified Credit’s one-year total return is 1.55%. This was made up of a growth return of -0.35% and an income return of 1.9%. These returns were calculated as at 31 May 2021.

The asset allocation of the AMP - Generations - AMP Capital Diversified Credit managed fund is :

Cash
0.42%
Fixed Interest
99.58%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the AMP - Generations - AMP Capital Diversified Credit managed fund is AMP-National Mutual Funds Management Ltd.

The AMP - Generations - AMP Capital Diversified Credit managed fund belongs to the Diversified Credit sector/asset class.

As at 30 Apr 2021, the size of the AMP - Generations - AMP Capital Diversified Credit managed fund was $2.11 million.

The AMP - Generations - AMP Capital Diversified Credit managed fund has an inception date of 5 May 2006.

The current entry price of the AMP - Generations - AMP Capital Diversified Credit managed fund is $0.96708 per unit and the current exit price is $0.96249 per unit (as at 4 Jun 2021).

The current exit price of the AMP - Generations - AMP Capital Diversified Credit managed fund is $0.96249 per unit and the current entry price is $0.96708 per unit (as at 4 Jun 2021).

The minimum initial investment amount for the AMP - Generations - AMP Capital Diversified Credit 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.