Fund overview
The Fund aims to provide a return that closely matches the return of the Bloomberg Barclays MSCI Global Aggregate SRI Select ex Fossil Fuels Index, fully hedged to the New Zealand dollar.
What is an index fund?
An index fund is a form of passive investing with a portfolio constructed to match or track the components of a market index. Index fund managers don't try to beat the market. Rather, their goal is to replicate the performance of a market index as closely as possible. The key advantage for investors is broad market exposure with low operating expenses and low portfolio turnover. Costs are kept lower than actively-managed funds because any trading activity is solely focused on maintaining index weights.
-
Low cost
Low-cost access to listed markets
-
Diversified
Diversified exposure to a range of New Zealand and global asset classes
-
Simple
A simple way to replicate an index in your portfolio
-
PIE-compliant
Tax advantages of PIE-compliant funds for certain investors
| Product code | AIF PQ |
|---|---|
| Type of fund | Managed fund. This fund is a Portfolio Investment Entity (PIE). |
| Investment objective | To provide a return that closely matches the return of Bloomberg Barclays MSCI Global Aggregate SRI Select ex Fossil Fuels Index, fully hedged to the New Zealand Dollar. |
| Investment approach | Investment is in a passively managed low tracking error portfolio managed against companies listed on the Bloomberg Barclays MSCI Global Aggregate SRI Select ex Fossil Fuels Index. The fund is fully hedged to New Zealand dollars. |
| NZ fund net value | $178.2 MIL |
| Fund inception date | 27 Nov 2017 |
| Minimum suggested timeframe | 3 years |
| Fund distribution frequency | Half-yearly |
| Benchmark | Bloomberg Barclays MSCI Global Aggregate SRI Select ex-Fossil Fuels Index Hedged in NZD |
| Risk level (1-7) | 3. Low to Medium |
| Platform access | FNZ and InvestNow |
Fund Information
Unit Prices
Performance
| 1 Month | -0.45% |
|---|---|
| 3 Month | 0.11% |
| 1 Year | -1.61% |
| 3 Year | 3.64% |
| 5 Year | - |
-
Important note: The unit prices displayed in this section are indicative only
-
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.
-
Important notes: Past Performance
-
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
Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Index 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 Markets Conduct Act 2013 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, 55 Lady Elizabeth Lane, Queens Wharf, Wellington.