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MyNorth Retirement - Managed Fund (Closed)

Fund Objective
The Fund aims to deliver returns of the Consumer Price Index (CPI) 3.5% before fees, including franking credits over rolling five year periods.
Fund Strategy
The Fund is a registered managed investment scheme which invests in a portfolio of assets diversified across asset classes, sources of returns (from different asset types) and investment managers. Exposure to these assets can be through investment in underlying funds, or through direct investment into an asset. The Fund may be suitable for investors seeking exposure to a portfolio of diversified assets with the potential to deliver stable, risk-adjusted returns above inflation.

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 0.34% 0.3% 1.66% 5.82% 3.42% 1.75% 3.54% -%
Growth return 0.34% -0.47% 0.12% 2.63% 0.3% -1.27% 0.6% -%
Income return 0% 0.77% 1.54% 3.19% 3.12% 3.02% 2.94% -%
As at 30 Apr 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MyNorth Retirement
Australian Equities
11.58%
International Equities
17.49%
Cash
6.11%
Property & Infrastructure
7.16%
Fixed Interest
49.87%
Alternatives
7.78%

General Information

Fund Details
Type Description
MyNorth Retirement (Wholesale)
Closed
AMP Capital Funds Management Ltd
AMP2087AU
starstar (as at 30 Apr 2025)
Unknown
21 Jul 2016
$17.09 million (as at 30 Sep 2017)
$1.0365 (as at 22 May 2025)
$1.03505 (as at 22 May 2025)
Finalised
Offer information
Type Description
MER 1.04% (as at 30 Sep 2024)
Indirect Cost Ratio (ICR) 1.18% (as at 31 Dec 2023)
Performance fee (not included in ICR) 0.11
Minimum initial investment
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
2 Year Treasury Note Future June 25 Bond - Treasury Future 20.40%
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FAQs about the MyNorth Retirement

The objective of the MyNorth Retirement managed fund is The Fund aims to deliver returns of the Consumer Price Index (CPI) + 3.5% before fees, including franking credits over rolling five year periods.

The strategy of the MyNorth Retirement managed fund is The Fund is a registered managed investment scheme which invests in a portfolio of assets diversified across asset classes, sources of returns (from different asset types) and investment managers. Exposure to these assets can be through investment in underlying funds, or through direct investment into an asset. The Fund may be suitable for investors seeking exposure to a portfolio of diversified assets with the potential to deliver stable, risk-adjusted returns above inflation.

The APIR code of the MyNorth Retirement managed fund is AMP2087AU.

MyNorth Retirement’s total return last month was 0.34%. This was made up of a growth return of 0.34% and an income return of 0%. These returns were calculated as at 30 Apr 2025.

MyNorth Retirement’s total return for the last three months was 0.3%. This was made up of a growth return of -0.47% and an income return of 0.77%%. These returns were calculated as at 30 Apr 2025.

MyNorth Retirement’s one-year total return is 5.82%. This was made up of a growth return of 2.63% and an income return of 3.19%. These returns were calculated as at 30 Apr 2025.

MyNorth Retirement’s one-year total return is 1.75%. This was made up of a growth return of -1.27% and an income return of 3.02%. These returns were calculated as at 30 Apr 2025.

The asset allocation of the MyNorth Retirement managed fund is :

Australian Equities
11.58%
International Equities
17.49%
Cash
6.11%
Property & Infrastructure
7.16%
Fixed Interest
49.87%
Alternatives
7.78%

The Responsible Entity for the MyNorth Retirement managed fund is AMP Capital Funds Management Ltd.

As at 30 Sep 2017, the size of the MyNorth Retirement managed fund was $17.09 million.

The MyNorth Retirement managed fund has an inception date of 21 Jul 2016.

The current entry price of the MyNorth Retirement managed fund is $1.0365 per unit and the current exit price is $1.03505 per unit (as at 22 May 2025).

The current exit price of the MyNorth Retirement managed fund is $1.03505 per unit and the current entry price is $1.0365 per unit (as at 22 May 2025).

The minimum initial investment amount for the MyNorth Retirement managed fund is $0. Minimum additional investment is $5000.

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.