The Experts’ Choice Small Companies Fund (the Fund) invests in managed investments that hold smaller capitalisation Australian shares and other securities listed on the Australian Stock Exchange. The Fund aims to provide high relative investment growth over the long term above the Fund’s performance benchmark (after costs and before tax).
Description of target market for this fund
This product is likely to be appropriate for a consumer seeking capital growth to be used as a satellite/core holding within a portfolio where the consumer has a medium to long investment timeframe and a very high risk/return profile. The fund provides daily access to capital.
Withdrawals are allowed daily. Withdrawals are normally processed within 5 business days. The constitution allows for payments to be made within 30 calendar days.
The Fund may be suitable for a consumer with a more aggressive or very high risk appetite, seeking to maximise returns and can accept higher potential losses (eg has the ability to bear more than 6 negative returns over a 20-year period (SRM 7)) in order to target a higher return.
|Fund name||Experts' Choice Small Companies Fund|
|Investment objective||To provide high relative investment growth over the long term by investing in smaller capitalisation Australian shares, which exceed the Fund's performance benchmark after costs and before tax.The benchmark for the fund is S&P/ASX Small Ordinaries Accumulation Index.|
|Investment approach||The Experts' Choice Small Companies Fund currently diversifies its investments by using a multi-manager approach. The Fund's investment exposure is across a broad range of listed Australian small companies. The Fund provides access to fund manager products, which we consider high quality within the various size components of the broader small cap investment universe. The Fund diversifies its exposure to minimise the risk of underperformance should one particular component of the Fund's benchmark index rally relative to others.|
|Minimum suggested timeframe||7 years|
|Product inception date||30 Apr 2007|
|Risk level (1-7)||7. Very High|
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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.
Issuer and responsible entity: AMP Capital Funds Management Limited ABN 15 159 557 721, AFSL 426455. AMP Capital Funds Management Ltd is a member of the AMP Group which includes AMP Capital Investors Limited ABN 59 001 777 591, ASFL 232497 ("AMP Capital", "we" or "us"). 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 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, AMP Capital makes no 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.