How the Fund works
The Global Shares Fund gives you access to international shares and specialist investment managers from around the world using a multi-manager approach.
How does the Fund meet your needs?
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A simple way of accessing international share investments
The fund invests in equities across the world’s share markets using a multi-manager approach. This provides you with a simple and easy way of accessing a wide range of share investments in overseas markets.
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Reduced risk through diversification
The fund is spread across a range of global equity markets, including developed and emerging markets, large and small cap equities and Asian equities. It is further diversified by region, manager and style, with the aim of delivering you with more stable returns.
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Access to a range of investment managers and management styles
The fund has exposure to a range of investment managers, selected by AMP Capital Australia’s specialist multi-manager team. It also uses a combination of active and passive management, to enhance diversification and help reduce volatility.
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Currency risk is managed through hedging
Movements in the foreign exchange rate have an impact on offshore investments. To help manage this risk the fund is partially hedged to the New Zealand dollar.
Fund facts as at 30 September 2020
Product code | AIF I |
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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 All Country World ex Tobacco Index with net dividends reinvested (69% gross hedged to the New Zealand dollar) on a rolling three year basis. |
Investment approach | Investments are spread across a range of international share markets, including developed and emerging economies. The portfolio is further diversified by region, manager and investment approach with the aim of delivering more stable returns. Environmental, Social and Governance characteristics are integrated into the underlying investment managers' investment processes where applicable. The fund targets a position of being 69% gross hedged to the New Zealand dollar. The hedges are based on the currency components of the underlying index. |
Fund net value | $58.5 million |
Fund inception date | 07 Nov 1994 |
Minimum suggested timeframe | 5 years |
Benchmark | MSCI All Country World ex Tobacco Index with net dividends reinvested (69% gross hedged to the New Zealand dollar) on a rolling three year basis. |
Risk level (1-7) | 5. Medium to High |
Platform access | Aegis, FNZ and InvestNow |
Fund Information
Documents & Downloads
Unit Prices
Performance
1 Month | 3.23% |
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3 Month | 9.12% |
1 Year | 8.81% |
3 Year | 8.25% |
5 Year | 11.57% |
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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.
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 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.