How the Fund works
The Core Global Shares Fund invests in shares listed on share markets around the world. The Fund’s exposure to global shares is through multiple managers, and the portfolio is diversified by region, manager and investment approaches.
How does the Fund meet your needs?
The fund invests in equities across the world’s core developed markets, which are actively managed using a multi-manager approach. This provides you with a simple and easy way of accessing a range of share investments in overseas markets.
A global approach is used which provides access to a greater universe of specialist emerging markets. The fund also provides diversification by region, manager and style, with the aim of delivering you with more stable returns.
The fund has exposure to a range of best-in-class investment managers, selected by AMP Capital Australia’s specialist multi-manager team. Through active management we can rotate different manager styles, which enable the portfolio to respond quickly to changes in market conditions.
|Product code||AIF CI|
|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 MSCI World ex Tobacco Index with net dividends reinvested on a rolling three year basis.|
|Investment approach||Investment is in a diversified portfolio of international shares using a range of investment managers. By actively managing the fund's exposure to each investment manager, it enables the fund to respond to changes in market themes which can drive share markets. The fund's exposure to global shares is through investment in PIE funds. The majority of these underlying funds hold shares directly. Environmental, Social and Governance characteristics are integrated into the underlying investment managers' investment processes. The fund's foreign currency exposures are not hedged back to New Zealand dollars.|
|NZ fund net value||$283.9 MIL|
|Fund inception date||26 Nov 2007|
|Minimum suggested timeframe||5 years|
|Benchmark||MSCI World ex Tobacco Net Index|
|Risk level (1-7)||5. Medium to High|
|Platform access||Aegis, FNZ and InvestNow|
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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.
Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Global 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 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.