About the Fund
The Fund aims to provide capital growth at a level broadly in line with the cost of living, by managing a diversified range of income producing assets such as Australian and international equities, infrastructure and corporate bonds. The portfolio consists of a portion of growth oriented income and defensive oriented income.
Investors in retirement have very distinct goals and these can be categorised into essential needs, lifestyle wants and legacy. This Fund fits within the essential needs part of a portfolio which covers fundamental items such as food, transport and housing. Since the Fund aims to generate a regular, reliable income, this means it is well suited for investors who are looking for an investment solution that covers essential needs such as paying for food or housing.
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Reliable, regular income every month
Provides a lower risk income solution. Less volatile than a traditionally constructed portfolio with fixed income and equities.
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Tax effective
Tax effectiveness for low marginal tax-rate payers. Can help maximise income by taking advantage of franking credits – great for retirees.
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Keep up with inflation
Aims to achieve some capital growth over the medium to longer term. Help meet the rising cost of living.
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Withdrawal frequency
Withdrawals are allowed daily. Withdrawals are normally processed within 5 business days.
What are the risks?
The ‘Risks of investing’ section of the Product Disclosure Statement and Incorporated Information for this Fund provides further information about the risks noted above, as well as information about other investment risks of which you should be aware.
- Risk of capital loss - Assets with the highest long-term returns may also carry the highest level of short-term risk, particularly if you do not hold your investment for the minimum suggested investment timeframe. Additionally, different investment strategies may carry different levels of risk, depending on the assets in which a fund invests.
- Returns are not guaranteed - When you invest in a managed investment scheme, you should be aware that returns are not guaranteed – future returns may differ from past returns, the level of returns may vary, the value of your investment may vary, and there may be the risk of loss of invested capital.
- Market risk - The Fund will be affected by any risks associated with the securities (including securities listed on share markets around the world) in which it invests and other investments it makes. These include risks in relation to how those securities or other investments perform, how sustainable their earnings are, and other factors that affect value and performance, as well as risks associated with international investments and liquidity risks.
For more detailed information relating to the risks of the Fund, please refer to the relevant Product Disclosure Statement.
| APIR code | IPA0174AU |
| Investment objective | The portfolio aims to provide regular income with some capital growth over the medium to long term. The Fund's internal performance benchmark is the average weighted return of the relevant market indices used to measure the performance of the underlying asset classes in which the Fund invests. |
| Minimum suggested timeframe | 5 years |
| Distribution frequency | Quarterly |
| Product inception date | 31 May 2010 |
| Risk level (1-7) | 5. High |
| Product status | Closed to all client applications from 10 May 2022. |
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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.