March 2022 – Please be aware of scammers falsely representing AMP Capital. AMP Capital is aware of an ongoing scam operation targeting customers and the broader community, offering inflated interest returns, available through fictitious investment vehicles, titled AMP Capital High Yield Fixed Return Global Market Fund. Through the use of phishing emails and phone calls, malicious operators are attempting to entice them to invest in a false product that features AMP Capital’s branding. Please be aware this is a not a legitimate product from AMP Capital.

AMP Capital does not approach potential customers via electronic direct mail (EDM) nor does the company solicit personal or financial information via email. If you are concerned that you may have been targeted by scammers, please contact us on 1800 658 404 from 8.30am to 5.30pm Monday to Friday (Sydney time). More information on scams can also be found on the ACCC’s website Scamwatch.

AMP Capital Core Infrastructure Fund

Ready to invest? Apply online today!

Searching for a blend of income and capital growth? 

Unlisted infrastructure is generally hard for investors to access due to the large capital outlay required. The AMP Capital Core Infrastructure Fund removes this barrier by offering investors access to high-quality unlisted infrastructure assets usually only available to large institutional investors. The Fund takes an integrated approach to building a strategically blended portfolio of unlisted infrastructure assets and listed infrastructure securities in Australia and around the globe offering investors a total return of income and capital growth.

“We look for companies that can deliver predictable cash-flows through any economic cycle.”

John Julian, Portfolio Manager
  • A portfolio of global infrastructure assets
    A portfolio of global infrastructure assets

    Assets such as Melbourne Airport (Aust), Angel Trains (UK) and Powerco (NZ) are among the largest and most significant infrastructure assets in their sectors and respective countries. 

  • Predictable cashflows with less volatility
    Predictable cashflows with less volatility

    The essential services nature of infrastructure assets means earnings are generally less volatile than equities.

  • Offers low correlation to other asset classes
    Offers low correlation to other asset classes

    Investment returns from infrastructure generally have a low correlation to other mainstream assets such as equities and bonds, delivering a less volatile return.

Access our insights

The Case for Investing in Infrastructure

Learn more about the role infrastructure plays in an investment portfolio, including the benefits and risks of investing, and how it compares to other asset classes.

How does this fund fit into your portfolio?

The Fund is designed for investors seeking an investment which provides the potential for sustainable income and capital growth over the long term. It can be used to complement existing solutions in a blended portfolio.

Description of target market for this fund

This product is likely to be appropriate for a consumer seeking capital growth and regular income to be used as a small allocation within a portfolio where the consumer has a medium to long investment timeframe and a high risk/return profile. The fund provides daily access to capital.

Withdrawal frequency

We aim to process withdrawals within 10 business days. However, due to the liquidity characteristics of the Fund's unlisted infrastructure assets, we may take up to 365 days or longer to pay withdrawal requests, as allowed under the Fund's constitution.

Risk profile

The Fund may be suitable for a consumer with a higher risk profile who can accept higher potential losses (eg has the ability to bear up to 6 negative returns over a 20-year period (SRM 6)) in order to target a higher return.

What are the risks?

All investments involve risk and you should consider investment risks before making an investment decision. The key risks of investing in the Fund include or are associated with:

  • Liquidity – potential significant delays in pricing and processing withdrawals, and the possible suspension of withdrawals if the Fund ceases to be liquid
  • Share market investments – the value of the Fund’s listed securities may decrease as a result of adverse share market movements
  • International investments – risks include exchange rate loss and the risk that political or economic climates may change without notice, and
  • Gearing – losses as well as returns may be magnified through the use of gearing.

Risks of investing specific to the Fund may also include or be associated with currency exchange rates, deal flow, infrastructure investments, infrastructure and utility market regulation, co-ownership, and derivatives.

The ‘Risks of investing’ section of the Product Disclosure Statement 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.

Investment objective To provide total returns (income and capital growth) after costs and before tax, above the Fund's performance benchmark.The benchmark for the Fund is the 10 year Australian Government Bond Yield plus 3.25%pa.
Minimum suggested timeframe 5 years
Distribution frequency Quarterly
Product inception date 30 Oct 2007
Risk level (1-7) 6. High
Minimum investment 10,000
APIR code AMP1180AU
APIR code AMP1180AU
APIR code AMP1180AU

The Fund's risk level is based on the estimated number of negative annual returns for the Fund over any 20 year period and is not a complete assessment of the risks of investing in the Fund. For instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than an investor may require to meet their objectives. Consequently, before choosing to invest or reinvest in the Fund, you should read the Fund's PDS and incorporated information and consider factors such as the likely investment return, the risks of investing and your investment time frame. Information about the methodology used for calculating the risk level is available here.

Unit Prices

As at 29 Mar 2023


As at 28 Feb 2023
1 Month -2.49%
3 Month -0.24%
1 Year 0.17%
3 Year 0.78%
5 Year 4.29%
Since inception 6.58%
Past performance is not a reliable indicator of future performance.

Important note: The unit prices displayed in this section are indicative only

If unit prices are not available for today then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.
Our unit price discretion policy states where we may exercise certain discretions in determining the unit price of units on application or withdrawal in each investment option. View and download our Unit Pricing Discretions Policy for the types of discretions that we may exercise, in what circumstances, our policies on how we exercise the discretions and the reasons why we consider our policies are reasonable.

AMP Capital funds
NMFM Unit Trust funds

Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices.

During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.

None of AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497), or any company within the AMP Group makes any representation or warranty as to the reliability, completeness or accuracy of the unit price information or accepts any responsibility arising in any way (including by reason of negligence) for errors in or omissions from the unit price information.
The information in this section is not an offer or recommendation of securities or other financial products offered by the AMP Group and is not an invitation to take up securities or other financial products. Investors should consider the relevant PDS available from us for the relevant fund before making any decision regarding the product.

Important notes: Past performance

Past performance is not a reliable indicator of future performance.

Performance is annualised for periods greater than one year. Total returns are calculated using the unit price which uses the net asset values for the relevant month end. This price may differ from the actual unit price for an investor applying for or redeeming an investment. Actual unit prices will be confirmed following any transaction by an investor. Returns quoted are before tax, after fees and costs, and assume all distributions are reinvested.

Governance Report NameFile for download 
AMP Capital Core Infrastructure Fund Constitution Download

Important information:

AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (AMPCFM) is the responsible entity of the AMP Capital Core Infrastructure Fund ("the Fund") and the issuer of the units in the Fund. To invest in the Fund, investors will need to obtain the current Product Disclosure Statement (PDS) from AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232 497) (AMP Capital ). The PDS contains important information about investing in the Fund and it is important that investors read the PDS before making a decision about whether to acquire, or continue to hold or dispose of units in the Fund. Neither AMP Capital, AMPCFM nor any other company in the AMP Group or Dexus guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this information, neither AMPCFM nor AMP Capital makes any representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of this information, and seek professional advice, having regard to their objectives, financial situation and needs. This content is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives and does not constitute a recommendation, offer, solicitation or invitation to invest. A target market determination has been made in respect of the Fund and is available at www.ampcapital.com/tmd.

Dexus recently acquired the majority of the real estate and domestic infrastructure equity business of Collimate Capital Limited, a subsidiary of AMP Limited. Collimate Capital Limited was the parent company of AMPCFM, the responsible entity of the Fund. AMP Capital Investors Limited (ABN 59 001 777 591) will remain the investment manager of the Fund.

Now that the transaction has completed, Dexus are planning to introduce changes, including in due course the rebranding of the Fund and its responsible entity. Dexus also plan to make changes to the online application form you will see shortly. As we manage this process of implementing these changes, you will continue to see some references to ‘AMP’ and “AMP Capital” in your interactions with us and Dexus (including on the online application form).

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned to APIR AMP1179AU, November 2021) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.

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