How the Fund works
The Australian Shares Fund aims to provide you with high returns over the long term. Investment is diversified across a range of industries and sectors, with a focus on the largest 200 companies on the Australian Securities Exchange. The fund currently invests in the AMP Capital Equity Fund, a fund managed by AMP Capital in Australia.
How does the Fund meet your needs?
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Potential high returns
The fund’s investments are focused towards companies with stable or growing earnings, which we believe are undervalued in relation to their projected earnings potential. This gives you the opportunity to invest in companies that represent an attractive market opportunity.
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Active management
By actively managing the fund, we are able to act on opportunities as they arise, taking advantage of growth and mispriced market opportunities.
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Diversification benefits
Because the fund invests in a variety of industries and sectors, you will benefit from access to more investment opportunities that offer the potential for growth.
Fund facts as at 30 September 2020
| Product code | AIF O |
|---|---|
| Type of fund | Managed fund. This fund is a Portfolio Investment Entity (PIE) |
| Investment objective | To provide a Gross Return above the return of the S&P/ASX 200 Accumulation Index (in NZD) on a rolling three year basis. |
| Investment approach | Invests in shares listed, or about to be listed, on the Australian Securities Exchange, through investment in the AMP Capital Equity Fund, a unit trust managed by AMP Capital Australia. The investments of the AMP Capital Equity Fund are diversified across a range of industries and sectors, with a focus on the largest 200 companies. In constructing the portfolio, AMP Capital Australia employ a systematic rules-based approach. Environmental, Social and Governance characteristics are integrated into AMP Capital Australia's investment process. The base position is for the Australian dollar exposure to be unhedged. |
| Fund net value | $263.9 million |
| Fund inception date | 17 Sep 1996 |
| Minimum suggested timeframe | 5 years |
| Benchmark | S&P/ASX 200 Accumulation Index NZD |
| Risk level (1-7) | 6. High |
| Platform access | FNZ and InvestNow |
Fund Information
Documents & Downloads
Unit Prices
Performance
| 1 Month | 3.50% |
|---|---|
| 3 Month | 12.17% |
| 1 Year | 4.27% |
| 3 Year | 5.81% |
| 5 Year | 7.48% |
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Important note: The unit prices displayed in this section are indicative only
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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. For more information on how AMP Capital can help you, please speak to your Financial Adviser or call us on 0800 400 499.
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Important notes: Past Performance
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Past performance is not a reliable indicator of future performance.
Our fund performance figures are shown before tax, before fees and assume that income is reinvested. Neither AMP Capital Investors (New Zealand) Limited 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. Past performance is not a reliable indicator of future performance. Every effort has been made to ensure the accuracy of this information, however, AMP Capital (New Zealand) Limited nor any other company in the AMP Group gives any warranty of reliability, or accuracy, nor accepts any responsibility arising in any way from errors or omissions.
How to invest
Important note: Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The New Zealand and Australian Shares Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Meridian Building, Level 1, Queens Wharf, Wellington.