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  5. AMP SD BUS - AMP's Australian Monthly Income Fund - Managed fund profile

AMP SD BUS - AMP's Australian Monthly Income Fund - Managed Fund (Closed)

Fund Objective
To provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.
Fund Strategy
The fund emphasises consistency of income, taking into account prevailing interest rates.The fund holds a diverse portfolio of Australian loans being first ranking mortgages, fixed interest securities and cash.

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 0.05% 0.3% 0.6% 1.57% 2.08% 2.4% 2.51% -%
Growth return 0.05% 0.3% 0.6% 1.57% 2.08% 2.4% 2.51% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 31 Jul 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP SD BUS - AMP's Australian Monthly Income Fund
Cash
62.89%
Fixed Interest
37.11%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.03%
Fixed Interest
79.26%
Australian Equities
0.03%
International Equities
0.03%
Alternatives
0.66%

General Information

Fund Details
Type Description
AMP SD BUS - AMP's Australian Monthly Income Fund
Closed
AMP-N.M. Superannuation Pty Limited
NML0454AU
Mortgages
starstar (as at 28 Feb 2011)
Superannuation Fund
17 Nov 2003
$0.12 million (as at 31 Jul 2013)
$13.7613 (as at 28 Feb 2014)
$13.7613 (as at 28 Feb 2014)
Finalised
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 2.13% (as at 31 Dec 2012)
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount $1,000.00

FAQs about the AMP SD BUS - AMP's Australian Monthly Income Fund

The objective of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is To provide a competitive interest income return on a monthly basis while at the same time providing a stable unit price.

The strategy of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is The fund emphasises consistency of income, taking into account prevailing interest rates.The fund holds a diverse portfolio of Australian loans being first ranking mortgages, fixed interest securities and cash.

The APIR code of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is NML0454AU.

AMP SD BUS - AMP's Australian Monthly Income Fund’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

AMP SD BUS - AMP's Australian Monthly Income Fund’s total return for the last three months was 0.3%. This was made up of a growth return of 0.3% and an income return of 0%%. These returns were calculated as at 31 Jul 2013.

AMP SD BUS - AMP's Australian Monthly Income Fund’s one-year total return is 1.57%. This was made up of a growth return of 1.57% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

AMP SD BUS - AMP's Australian Monthly Income Fund’s one-year total return is 2.4%. This was made up of a growth return of 2.4% and an income return of 0%. These returns were calculated as at 31 Jul 2013.

The asset allocation of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is :

Cash
62.89%
Fixed Interest
37.11%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is AMP-N.M. Superannuation Pty Limited.

The AMP SD BUS - AMP's Australian Monthly Income Fund managed fund belongs to the Mortgages sector/asset class.

As at 31 Jul 2013, the size of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund was $0.12 million.

The AMP SD BUS - AMP's Australian Monthly Income Fund managed fund has an inception date of 17 Nov 2003.

The current entry price of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is $13.7613 per unit and the current exit price is $13.7613 per unit (as at 28 Feb 2014).

The current exit price of the AMP SD BUS - AMP's Australian Monthly Income Fund managed fund is $13.7613 per unit and the current entry price is $13.7613 per unit (as at 28 Feb 2014).

The minimum initial investment amount for the AMP SD BUS - AMP's Australian Monthly Income Fund 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.