The Future Directions Moderately Conservative Fund is a multi-manager fund that gives investors access to a diversified portfolio with a balanced mix of income assets (cash and bonds) and growth (shares and property) and alternative assets. The fund has a target allocation of 50% to growth assets and 50% to defensive assets.
The Future Directions Funds use dynamic asset allocation, an approach which aims to achieve growth with smoother returns by negotiating the ups and downs of the market. It is also used as a risk management tool, reducing exposure to markets we expect will underperform. We actively seek who we believe to be high quality investment managers, many of whom actively manage their underlying portfolios.
A broad range of asset classes
The Future Directions Funds invest in a range of asset classes with the aim of enhancing diversification and improving risk-adjusted returns. We believe alternative investments (such as infrastructure, absolute return strategies and private equity) perform well at different times to mainstream asset classes such as equities and fixed income, making them attractive to investors looking for portfolio diversification.
The investment team specialises in building and managing multi-asset portfolios, using the insights of a dedicated asset allocation team. Investors also benefit from collaboration between investment teams in real estate, infrastructure, fixed income, equities and macro markets.
What are the key risks associated with the fund?
Risks specific to the fund may include or be associated with interest rates, share market investments, international investments, credit, alternative assets, property investments, derivatives and liquidity. Please read the fund’s Product Disclosure Statement for more information.
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.
AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (AMPCFM) is the responsible entity of the Future Directions Moderately Conservative 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 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.