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  5. AMP RD APP - High Growth - Managed fund profile

AMP RD APP - High Growth - Managed Fund

Fund Objective
To provide high growth in your investment over the long term with larger fluctuations in value likely. To obtain a rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 4.0% pa over the long term.
Fund Strategy
To invest in a diversified mix of growth assets such as equities and property. To invest in a diversified mix of growth assets such as equities and property. Growth assets will have a benchmark allocation of 100%, although up to 5% Growth assets will have a benchmark allocation of 100%, although up to 5% may be invested in defensive assets such as cash and fixed interest.

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 3.02% -72.44% -70.66% -71.76% -41.31% -23.3% -13.9% -2.95%
Growth return -1.16% 0.34% 5.37% 20.06% 14.96% 13.13% 10.99% 10.67%
Income return 4.18% -72.78% -76.03% -91.82% -56.27% -36.43% -24.89% -13.62%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.21% 6.59% 8.29% 14.58% 15.23% 13.97% 11.61% 9.87%
As at 30 Apr 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP RD APP - High Growth
Australian Equities
44.06%
International Equities
47.36%
Cash
4.97%
Property & Infrastructure
0.01%
Alternatives
3.60%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
34.25%
International Equities
49.72%
Cash
2.42%
Property & Infrastructure
4.65%
Alternatives
3.61%
Fixed Interest
5.34%

General Information

Fund Details
Type Description
AMP RD APP - High Growth
NML0299AU
Multisector Aggressive
star (as at 30 Apr 2023)
Allocated Pension
13 Sep 1999
$0.05 million (as at 29 Jul 2022)
$10.8987 (as at 31 Aug 2024)
$10.8844 (as at 31 Aug 2024)
Open
Offer information
Type Description
Standard entry fee 5%
MER 2.34% (as at 20 Feb 2024)
Indirect Cost Ratio (ICR) 2.34% (as at 30 Jun 2016)
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount

FAQs about the AMP RD APP - High Growth

The objective of the AMP RD APP - High Growth managed fund is To provide high growth in your investment over the long term with larger fluctuations in value likely. To obtain a rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 4.0% pa over the long term.

The strategy of the AMP RD APP - High Growth managed fund is To invest in a diversified mix of growth assets such as equities and property. To invest in a diversified mix of growth assets such as equities and property. Growth assets will have a benchmark allocation of 100%, although up to 5% Growth assets will have a benchmark allocation of 100%, although up to 5% may be invested in defensive assets such as cash and fixed interest.

The APIR code of the AMP RD APP - High Growth managed fund is NML0299AU.

AMP RD APP - High Growth’s total return last month was 3.02%. This was made up of a growth return of -1.16% and an income return of 4.18%. These returns were calculated as at 30 Apr 2023.

AMP RD APP - High Growth’s total return for the last three months was -72.44%. This was made up of a growth return of 0.34% and an income return of -72.78%%. These returns were calculated as at 30 Apr 2023.

AMP RD APP - High Growth’s one-year total return is -71.76%. This was made up of a growth return of 20.06% and an income return of -91.82%. These returns were calculated as at 30 Apr 2023.

AMP RD APP - High Growth’s one-year total return is -23.3%. This was made up of a growth return of 13.13% and an income return of -36.43%. These returns were calculated as at 30 Apr 2023.

The asset allocation of the AMP RD APP - High Growth managed fund is :

Australian Equities
44.06%
International Equities
47.36%
Cash
4.97%
Property & Infrastructure
0.01%
Alternatives
3.60%
Fixed Interest
0%

The AMP RD APP - High Growth managed fund belongs to the Multisector Aggressive sector/asset class.

As at 29 Jul 2022, the size of the AMP RD APP - High Growth managed fund was $0.05 million.

The AMP RD APP - High Growth managed fund has an inception date of 13 Sep 1999.

The current entry price of the AMP RD APP - High Growth managed fund is $10.8987 per unit and the current exit price is $10.8844 per unit (as at 31 Aug 2024).

The current exit price of the AMP RD APP - High Growth managed fund is $10.8844 per unit and the current entry price is $10.8987 per unit (as at 31 Aug 2024).

The minimum initial investment amount for the AMP RD APP - High Growth managed fund is $1,000. 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.