POWERED BY MOMENTUM MEDIA
AMP launches index managed portfolios
AMP has launched a range of indexed managed portfolios that will be available to superannuation, pension, and investment clients, through its MyNorth platform.
AMP said the IndexPlus range was a low-fee, low-turnover indexed based investment with actively managed strategies that provided a diverse and cost efficient investment solution.
The IndexPlus range offered five different investment options, across different risk profiles, including:
1. IndexPlus Conservative – designed to provide stable returns through a diversified portfolio of primarily defensive assets.
2. IndexPlus Moderately Conservative – designed to provide moderate returns over the medium-term through a diversified portfolio of primarily defensive assets and some growth assets.
3. IndexPlus Balanced – designed to provide moderate to high returns over the medium to long-term through a diversified portfolio of growth and defensive assets.
4. IndexPlus Moderately Aggressive – designed to provide moderate high returns over the long-term through a diversified portfolio of primarily growth assets and some defensive assets.
5. IndexPlus Aggressive – designed to provide high long-term returns through a diversified portfolio of primarily growth assets.
AMP director wrap product, Shaune Egan, said there was growing appeal and demand for managed portfolios as they provided transparency, governance, and cost and administrative benefits for clients and advisers.
Recommended for you
The research house has hired an experienced product specialist for its Australasian team.
An experienced communications specialist is joining the industry group in a newly created role.
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership.
The $300 billion fund has appointed a new CRO to drive its governance capabilities.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
