Note
AMP and National Mutual Funds Management are a majority owned subsidiary of AMP Limited. For further information on corporate governance which applies to the parent company - AMP Limited, please visit corporate.amp.com.au
National Mutual fund policies
LIBOR
AMP has successfully managed the switching of the vast majority of the LIBOR exposures to their respective alternative reference rates.
Investment teams who have direct governance responsibilities have the transition responsibility, governance, and oversight for the remaining residual exposures, supported by comprehensive documentation.
The residual exposures:
- Are consistent with the current status of the market where USD LIBOR tenors will continue until June 2023
- The timing of the switch will necessarily have to be consistent with the broader market consensus to avoid increased risks to our clients and therefore remain in their best interests.
- All exposures are identified to the security level with the appropriate strategy and oversight agreed for each with the relevant investment team.
Contact for further information:
Your AMP Group client services or investment team
libortransition@amp.com.au
Our policy on Anti-money laundering
The Government introduced the Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) Act 2006. This law requires businesses that provide certain financial services to identify their customers before providing a service, and to report both suspicious transactions.
RG97 policy
New RG97 Regulatory requirements revises and changes the presentation and calculation of certain fees and costs in the PDS.
Learn more
What you need to know
This information is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of National Mutual Funds Management Ltd (ABN 32 006 787 720, AFSL 234652) (NMFM).
While every care has been taken in the preparation of this information, NMFM makes no representation or warranty as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This document has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to the investor’s objectives, financial situation and needs.
ipac Asset Management Limited ABN 22 003 257 225, AFSL 234655) (IAML) is the responsible entity of the fund(s) and the issuer of the units in the fund(s) and the Product Disclosure Statement(s) (PDS). To invest in the Fund(s), investors will need to obtain and consider the current PDS or other offer document for the relevant Funds(s) available at amp.com.au/investments-pds. The PDS or offer document contains important information about investing in the Funds(s) and it is important that investors read the PDS or offer document before making a decision about whether to acquire, or continue to hold or dispose of units in the Funds(s). A target market determination has been made in respect of the Funds(s) and is available at www.amp.com.au/investments-tmd. Neither IAML, NMFM nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this document. Past performance is not a reliable indicator of future performance.
All information on this website is subject to change without notice.
The information included on this page was current on the date published within the document or report and issued by the entity identified in the document or report . For up-to-date information, we refer you to the relevant product disclosure statement, target market determination and product updates available at amp.com.au.