InvestSMART

AMP - Generations - Defensive - Managed Fund (Closed)

Fund Objective
To provide some growth in your investment over the short to medium term with smaller fluctuations in value than the other Generations multi-manager diversified investment options.
Fund Strategy
The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Defensive assets such as cash and fixed interest will have an average allocation over time of 71% and 29% in growth assets such as 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 -1.58% -0.15% 0.41% 3.59% 5.35% 2.65% 3.09% 2.38%
Growth return -1.58% -0.15% 0.41% 3.58% 5.32% 2.61% 1.37% -0.58%
Income return 0% 0% 0% 0.01% 0.03% 0.04% 1.72% 2.96%
As at 31 Mar 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - Defensive
Australian Equities
10.90%
International Equities
20.97%
Cash
18.07%
Property & Infrastructure
2.90%
Fixed Interest
47%
Alternatives
0.16%

General Information

Fund Details
Type Description
AMP - Generations - Defensive
Closed
IPAC Asset Management Limited
NML0586AU
starstar (as at 31 Mar 2025)
Unknown
16 Aug 2004
$12.69 million (as at 31 Mar 2025)
n/a
$0.9706 (as at 9 Apr 2025)
Finalised
Offer information
Type Description
MER 1.34% (as at 28 Mar 2025)
Indirect Cost Ratio (ICR) 1.52% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0.02
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Pfandbriefbank schweizerischer Hypothekarinstitute AG Bond - Covered Bond 0%
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FAQs about the AMP - Generations - Defensive

The objective of the AMP - Generations - Defensive managed fund is To provide some growth in your investment over the short to medium term with smaller fluctuations in value than the other Generations multi-manager diversified investment options.

The strategy of the AMP - Generations - Defensive managed fund is The fund seeks to invest in a diversified mix of growth and defensive assets using a range of specialist investment managers. Defensive assets such as cash and fixed interest will have an average allocation over time of 71% and 29% in growth assets such as shares and property.

The APIR code of the AMP - Generations - Defensive managed fund is NML0586AU.

AMP - Generations - Defensive’s total return last month was -1.58%. This was made up of a growth return of -1.58% and an income return of 0%. These returns were calculated as at 31 Mar 2025.

AMP - Generations - Defensive’s total return for the last three months was -0.15%. This was made up of a growth return of -0.15% and an income return of 0%%. These returns were calculated as at 31 Mar 2025.

AMP - Generations - Defensive’s one-year total return is 3.59%. This was made up of a growth return of 3.58% and an income return of 0.01%. These returns were calculated as at 31 Mar 2025.

AMP - Generations - Defensive’s one-year total return is 2.65%. This was made up of a growth return of 2.61% and an income return of 0.04%. These returns were calculated as at 31 Mar 2025.

The asset allocation of the AMP - Generations - Defensive managed fund is :

Australian Equities
10.90%
International Equities
20.97%
Cash
18.07%
Property & Infrastructure
2.90%
Fixed Interest
47%
Alternatives
0.16%

The Responsible Entity for the AMP - Generations - Defensive managed fund is IPAC Asset Management Limited.

As at 31 Mar 2025, the size of the AMP - Generations - Defensive managed fund was $12.69 million.

The AMP - Generations - Defensive managed fund has an inception date of 16 Aug 2004.

The current entry price of the AMP - Generations - Defensive managed fund is $ per unit and the current exit price is $0.9706 per unit (as at 9 Apr 2025).

The current exit price of the AMP - Generations - Defensive managed fund is $0.9706 per unit and the current entry price is $ per unit (as at 9 Apr 2025).

The minimum initial investment amount for the AMP - Generations - Defensive managed fund is $0. 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.