AMP Specialist Geared Australian Share A - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.78 0.61 2.85 12.46 14.36 5.44 10.24 3.51
Growth return 0.78 0.61 2.85 9.43 9.63 2.26 6.91 1.78
Income return 0 0 0 3.03 4.73 3.18 3.33 1.73

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 89.73%
International Equities 1.70%
Cash 5.77%
Property 2.79%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

AMP Specialist Geared Australian Share A (Wholesale)
AMP Capital Funds Management Ltd
Equity Australia Large Geared
starstarstarstar (as at 31 May 2018)
Investment Fund
31 Dec 2004
$11.6 million (as at 31 May 2018)
$1.04514 (as at 18 Jun 2018)
$1.03681 (as at 18 Jun 2018)

Objectives and Strategy

The objective of the investment portfolio before gearing is applied is to provide a total return (income and capital growth) after costs and before-tax, above the S&P/ASX 200 Accumulation Index on a rolling 3 year basis.
To provide high returns over the long-term through geared exposure to securities listed on the Australian Securities Exchange. The aim is to manage gearing to a level that is supported by expected income. Therefore an investor can gain greater exposure to the Australian share market (and also potentially increased imputation credits) than an investor with a non-geared exposure.

Offer information

Indirect Cost Ratio (ICR) 2.50% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2014)

Holding Type % of Portfolio
Commonwealth Bank of Australia Equity 9.90%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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