InvestSMART

AMP Wealth Balanced Growth - Managed Fund (Closed)

Fund Objective
To provide moderate to high returns over the medium to long-term through a portfolio diversified across all asset types, but with an emphasis on shares and property.
Fund Strategy
To provide moderate to high returns over the medium to long-term through a portfolio diversified across all asset types, but with an emphasis on shares and property.

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 -0.89% -0.52% 1.74% -1.3% 3.43% 3.96% 5.1% 6.91%
Growth return 0.55% 3.49% 7.54% 11.8% 5.54% 5.02% -0.4% 6.76%
Income return -1.44% -4.01% -5.8% -13.1% -2.11% -1.06% 5.5% 0.15%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return 1.46% 4.16% 11.05% 13.41% 17.1% 12.49% 9.66% 8.09%
As at 28 Feb 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP Wealth Balanced Growth
Australian Equities
24.96%
International Equities
35.29%
Cash
4.15%
Property & Infrastructure
7.33%
Fixed Interest
16.07%
Alternatives
12.20%
Average Allocation of Peers
Australian Equities
27.21%
International Equities
35.54%
Cash
5.94%
Property & Infrastructure
6.33%
Fixed Interest
20.59%
Alternatives
4.38%

General Information

Fund Details
Type Description
AMP Wealth Balanced Growth (Wholesale)
Closed
AMP Capital Investors Limited
Multisector Growth
starstarstarstar (as at 30 Apr 2021)
Superannuation Fund
30 Sep 1985
$3586.7 million (as at 28 Feb 2023)
$1.16123 (as at 26 Mar 1986)
$1.16123 (as at 26 Mar 1986)
Finalised
Offer information
Type Description
Minimum initial investment $10,000,000
Minimum additional investments $100,000
Minimum redemption amount

FAQs about the AMP Wealth Balanced Growth

The objective of the AMP Wealth Balanced Growth managed fund is To provide moderate to high returns over the medium to long-term through a portfolio diversified across all asset types, but with an emphasis on shares and property.

The strategy of the AMP Wealth Balanced Growth managed fund is To provide moderate to high returns over the medium to long-term through a portfolio diversified across all asset types, but with an emphasis on shares and property.

The APIR code of the AMP Wealth Balanced Growth managed fund is .

AMP Wealth Balanced Growth’s total return last month was -0.89%. This was made up of a growth return of 0.55% and an income return of -1.44%. These returns were calculated as at 28 Feb 2023.

AMP Wealth Balanced Growth’s total return for the last three months was -0.52%. This was made up of a growth return of 3.49% and an income return of -4.01%%. These returns were calculated as at 28 Feb 2023.

AMP Wealth Balanced Growth’s one-year total return is -1.3%. This was made up of a growth return of 11.8% and an income return of -13.1%. These returns were calculated as at 28 Feb 2023.

AMP Wealth Balanced Growth’s one-year total return is 3.96%. This was made up of a growth return of 5.02% and an income return of -1.06%. These returns were calculated as at 28 Feb 2023.

The asset allocation of the AMP Wealth Balanced Growth managed fund is :

Australian Equities
24.96%
International Equities
35.29%
Cash
4.15%
Property & Infrastructure
7.33%
Fixed Interest
16.07%
Alternatives
12.20%

The Responsible Entity for the AMP Wealth Balanced Growth managed fund is AMP Capital Investors Limited.

The AMP Wealth Balanced Growth managed fund belongs to the Multisector Growth sector/asset class.

As at 28 Feb 2023, the size of the AMP Wealth Balanced Growth managed fund was $3586.7 million.

The AMP Wealth Balanced Growth managed fund has an inception date of 30 Sep 1985.

The current entry price of the AMP Wealth Balanced Growth managed fund is $1.16123 per unit and the current exit price is $1.16123 per unit (as at 26 Mar 1986).

The current exit price of the AMP Wealth Balanced Growth managed fund is $1.16123 per unit and the current entry price is $1.16123 per unit (as at 26 Mar 1986).

The minimum initial investment amount for the AMP Wealth Balanced Growth managed fund is $10,000,000. Minimum additional investment is $100000.

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.