Note
AMP and National Mutual Funds Management Ltd 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 Management (NMFM) 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
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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.
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RG97 policy
New RG97 Regulatory requirements revises and changes the presentation and calculation of certain fees and costs in the PDS.
What you need to know
This information is provided by National Mutual Funds Management Ltd (ABN 32 006 787 720, AFSL 234652) (NMFM) and is general in nature only. It doesn’t consider your personal goals, financial situation or needs. It’s important you consider the appropriateness of any advice in light of your goals, financial situation, needs and ESG values and read the relevant product disclosure statement and target market determination available at amp.com.au, before deciding what’s right for you.
NMFM is part of the AMP Group and can be contacted on 131 267 or askamp@amp.com.au. “AMP Investments” and “we” refers to NMFM. You can read NMFM’s Financial Services Guide online for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services it provides. You can also ask us for a hard copy.
A number of the statements on this website are based on information published by others. NMFM has not confirmed the accuracy or completeness of such statements.
All information on this website is subject to change without notice.