Global Equities and Fixed Income (GEFI) Sale
Update for Investors (Last updated 17 May 2022)
Proposed change of responsible entity for two Australian Equities funds
- AMP Capital Australian Equity Income Fund (ARSN 165 631 818) (also known as AMP Capital Equity Income Generator)
- AMP Capital Equity Fund (ARSN 089 596 850) (also known as AMP Capital Equity)
On 17 May 2022 we wrote to investors (Members) in the abovenamed funds to notify them that we’re proposing to change the responsible entity from AMP Capital Funds Management Limited (AMPCFM) to ipac Asset Management Limited (IAM), another member of the AMP Group.
AMPCFM believes IAM has the requisite specialist expertise to continue to provide high quality governance for each fund. Presently, IAM acts as the responsible entity for other registered managed investment schemes.
Members in each fund can request a vote on the proposed change. If eligible Members don’t request a vote, then the responsible entity will automatically change to IAM on or around 14 June 2022.
If the change of responsible entity for the Fund does not occur, AMPCFM will remain as responsible entity of the Fund.
You can read more about the proposed change in the notice to members (Notice) for the AMP Capital Australian Equity Income Fund and the AMP Capital Equity Fund
Current information and assistance
Please continue to visit this website for current information about the proposed timing of the retirement of AMPCFM as responsible entity of the Fund and the appointment of IAM and manner in which the retirement and appointment will occur.
If you have any questions relating to the proposed change of responsible entity, please contact our Client Services Team on 1800 658 404, between 8.30am and 5.30pm (Sydney time) Monday to Friday or via email at clientservices@ampcapital.com.
If you’re invested in Flexible Lifetime Investments (Series 1 and Series 2), please contact our Client Services Team on 133267 between 8.30am and 5.30pm (Sydney time) Monday to Friday or via email at trustinfo@amp.com.au.
Update for Investors in the AMP Capital Australian Equity Income Fund and AMP Capital Equity Fund (Last updated 26 April 2022)
On 8 July 2021 AMP reached a binding agreement for the sale of our Global Equities and Fixed Income (GEFI) business to Macquarie Asset Management. The sale included those assets comprising AMP Capital's global equities and fixed income business (including those necessary to act as investment manager and responsible entity of the GEFI Funds). On 26 March 2022 Macquarie Investment Management Global Limited became investment manager of the GEFI funds. On 26 April 2022 Macquarie Investment Management Australia Limited became responsible entity (RE) of the GEFI funds, with the exception of the AMP Capital Australian Equity Income Fund and AMP Capital Equity Fund, where AMP Capital Funds Management Limited remains RE.
Please visit the ‘GEFI Sale’ page on this website for further information, and who to contact if you have a question regarding an investment in a GEFI fund.