InvestSMART

AMP SD Bus - Balanced - Managed Fund (Closed)

Fund Objective
To provide moderate growth in investment over the medium to long term with moderate fluctuations in value likely. To obtain a real rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 3.0% pa over the medium term.
Fund Strategy
To invest in a diversified mix of growth and defensive assets. Growth assets To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. The balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

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 2.84% -11.34% -8% -4.56% 0.78% 1.83% 2.19% 4.99%
Growth return 2.84% -11.34% -8% -4.56% 0.78% 1.83% 2.19% 4.99%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 0.75% 4.43% 10.73% 11.3% 14.85% 13.6% 9.39% 8.35%
As at 30 Apr 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP SD Bus - Balanced
Australian Equities
32.66%
International Equities
32.18%
Cash
11.03%
Property & Infrastructure
0.02%
Fixed Interest
22.82%
Alternatives
1.28%
Average Allocation of Peers
Australian Equities
27.19%
International Equities
35.52%
Cash
5.96%
Property & Infrastructure
6.32%
Fixed Interest
20.64%
Alternatives
4.36%

General Information

Fund Details
Type Description
AMP SD Bus - Balanced
Closed
NML0230AU
Multisector Growth
starstar (as at 30 Apr 2020)
Superannuation Fund
26 Apr 1999
$167.99 million (as at 30 Apr 2020)
$22.9592 (as at 15 May 2020)
$22.9592 (as at 15 May 2020)
Finalised
Offer information
Type Description
Standard entry fee 5%
MER 2.89% (as at 30 Sep 2019)
Indirect Cost Ratio (ICR) 2.89% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,000.00
Minimum additional investments
Minimum redemption amount $1,000.00

FAQs about the AMP SD Bus - Balanced

The objective of the AMP SD Bus - Balanced managed fund is To provide moderate growth in investment over the medium to long term with moderate fluctuations in value likely. To obtain a real rate of return net of investment tax and investment management costs that is consistently greater than the inflation rate by 3.0% pa over the medium term.

The strategy of the AMP SD Bus - Balanced managed fund is To invest in a diversified mix of growth and defensive assets. Growth assets To invest in a diversified mix of growth and defensive assets. Growth assets such as equities and property will have a benchmark allocation of 70% with such as equities and property will have a benchmark allocation of 70% with the balance in defensive assets such as cash and fixed interest. The balance in defensive assets such as cash and fixed interest. To invest using a range of complementary specialist investment managers.

The APIR code of the AMP SD Bus - Balanced managed fund is NML0230AU.

AMP SD Bus - Balanced’s total return last month was 2.84%. This was made up of a growth return of 2.84% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

AMP SD Bus - Balanced’s total return for the last three months was -11.34%. This was made up of a growth return of -11.34% and an income return of 0%%. These returns were calculated as at 30 Apr 2020.

AMP SD Bus - Balanced’s one-year total return is -4.56%. This was made up of a growth return of -4.56% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

AMP SD Bus - Balanced’s one-year total return is 1.83%. This was made up of a growth return of 1.83% and an income return of 0%. These returns were calculated as at 30 Apr 2020.

The asset allocation of the AMP SD Bus - Balanced managed fund is :

Australian Equities
32.66%
International Equities
32.18%
Cash
11.03%
Property & Infrastructure
0.02%
Fixed Interest
22.82%
Alternatives
1.28%

The AMP SD Bus - Balanced managed fund belongs to the Multisector Growth sector/asset class.

As at 30 Apr 2020, the size of the AMP SD Bus - Balanced managed fund was $167.99 million.

The AMP SD Bus - Balanced managed fund has an inception date of 26 Apr 1999.

The current entry price of the AMP SD Bus - Balanced managed fund is $22.9592 per unit and the current exit price is $22.9592 per unit (as at 15 May 2020).

The current exit price of the AMP SD Bus - Balanced managed fund is $22.9592 per unit and the current entry price is $22.9592 per unit (as at 15 May 2020).

The minimum initial investment amount for the AMP SD Bus - Balanced 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.