AMP Capital Core Property Fund

A one stop shop for real estate exposure

Combining actively managed Australasian and US unlisted real estate and Australasian and global listed real estate with the aim of generating a better risk/return profile over the long term. As a strategically blended real estate solution, the Fund is designed to deliver income and capital growth whilst mitigating risk through the diversification of different types of real estate investments.

The Fund has target allocations of 50% to Australasian and US unlisted real estate and 50% to Australasian and global listed real estate.

"We aim to provide investors with access to a well-diversified portfolio, 100% actively managed and investing in what we believe to be the highest quality real estate globally."

Claire Talbot, Portfolio Manager
  • Institutional grade core assets
    Institutional grade core assets

    Access to quality institutional-grade assets that are difficult for individual retail investors to obtain

  • Integrated management model
    Integrated management model

    Leveraging the diversity of AMP Capital’s broader real estate team to ensure they have strong conviction in the assets they are looking to invest in

  • Strong focus on diversification
    Strong focus on diversification

    The Fund invests in a mix of global direct and listed real estate through a single fund

AMP Capital Core Property Fund Overview

Who is the fund suitable for?

Investors who are:

  • seeking efficient and diversified exposure to real estate
  • looking for an investment that seeks to deliver income and capital growth in a stable way
  • wanting to hedge against inflation in their portfolio

Strategic mix 

The diagram below shows how the AMP Capital Core Property Fund provides access to a strategic mix of global unlisted and listed real estate.

Fund diagram
AMP Capital Funds Management Limited, the Responsible Entity of the AMP Capital US Plus Property Fund, made the decision to terminate this Fund in April 2019. As a result, the Manager is proceeding to divest the Fund’s underlying assets and distribute the proceeds to unitholders, including to the AMP Capital Core Property Fund. These proceeds will be re-invested in accordance with the investment strategy of the AMP Capital Core Property Fund.

Featured asset profile 

Quay Quarter Sydney is being developed by the AMP Capital Wholesale Office fund and the AMP Capital Diversified Property Fund.

Quay Quarter Tower

A high performance workplace

AMP Capital is transforming its landmark site at Circular Quay into a vibrant destination in keeping and supporting Sydney’s future as a green, global and connected city with its iconic landmark. Gain access to this high quality, unlisted institutional grade real estate investment opportunity through the AMP Capital Core Property Fund.

What are the risks?

All investing involves risk, and you should consider investment risks before making an investment decision. The risks specific to the Fund may include or be associated with:

  • Liquidity - assets subject to liquidity risk may be difficult to trade and it may take longer for their full value to be realised, and in circumstances where the Fund’s portfolio ceases to be ‘liquid’ for Corporations Act purposes, there may be significant delays or a freeze on withdrawal requests.
  • Market risk - factors such as the quality of underlying properties and geographic location may affect
    the Fund’s performance.
  • Share market investments - the value of the Fund’s investment in listed securities may decrease as a result of adverse share market movements. 

Please refer to the Product Disclosure Statement for more information.

  • Zenith Finalist
  • Lonsec recommended
Product marketing name AMP Capital Core Property Fund - Off-platform Class H
APIR code AMP1074AU
Investment objective To generate income and capital growth on a rolling 3 year basis by investing in Australasian and US direct property and Australasian and global property securities.
Minimum suggested timeframe 5 years
Distribution frequency Quarterly
Product inception date 12 Apr 2006
Minimum investment 10,000
Risk level (1-7) 5. Medium to High
Product status Open
APIR code AMP1074AU

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 22 Oct 2020
Buy
1.15807
Sell
1.15483

Performance

As at 30 Sep 2020
1 Month 0.29%
3 Month 2.84%
1 Year -9.01%
3 Year -
5 Year -
Since inception 3.03%
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 Funds Management Limited (ABN 15 159 557 72, AFSL 426455), AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497), National Mutual Funds Management Limited (ABN 32 006 787 720, AFSL 234652), 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.

Important information:

Investors should consider the Product Disclosure Statement (PDS) available from AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital) for the AMP Capital Core Property Fund ("the Fund") before making any decision regarding the Fund. The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235150), a wholly owned subsidiary of The Trust Company Limited (ABN 59 004 027 749), is the responsible entity of the Fund and the issuer of units in the Fund. The PDS contains important information about investing in the Fund and it’s important investors read the PDS before making a decision about whether to acquire, continue to hold or dispose of units in the Fund. None of the responsible entity, AMP Capital or 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 document. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this document, AMP Capital makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This information 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 the information in this document, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. 

The Lonsec Rating (assigned May 2020) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to “wholesale clients” (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold [Fund Manager name] product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: www.beyond.lonsec.com.au/intelligence/lonsec-ratings.

The Zenith Fund Awards were issued 11 October 2019 by Zenith Investment Partners (ABN 27 130 132 672, AFSL 226872) and are determined using proprietary methodologies. The Fund Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. To the extent that the Fund Awards constitutes advice, it is General Advice for Wholesale clients only without taking into account the considerations of the objectives, financial situation or needs of any specific person. Investors should seek their own independent financial advice before making any investment decision and should consider the appropriateness of advice. Investors should obtain a copy of and consider any relevant PDS or offer documents before making any investment decisions. Past performance is not an indication of future performance. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only.

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