Looking for reliable income in one simple investment solution?
To meet financial and lifestyle goals many investors are facing the challenge of maintaining an adequate and sustainable income on their investments. This has become increasingly important in a low-yield world.
The AMP Capital Income Generator Fund seeks to meet this need by providing a regular and stable income combined with long-term capital growth. The Fund invests in a diversified mix of income-producing growth and defensive assets, and has the flexibility to alter the asset allocation across multiple sectors to capitalise on opportunities as they arise.
How does the fund work?
Why consider the AMP Capital Income Generator Fund?
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Regular and reliable income
The Fund pays a fixed distribution monthly.
The Fund pays investors a fixed distribution each month which is determined annually on 1 April based on an estimate of the income of the Fund. The current annual fixed payout is 4.3% (gross). This provides investors with a reliable and stable source of income over time.
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Diversification
A multi-asset solution that invests in a variety of income-generating assets.
The Fund invests in a 60/40 mix of defensive to growth assets including shares, bonds, property and infrastructure. By holding a diverse mix of assets you are more likely to achieve a more reliable income stream. There is also the flexibility to alter the asset allocation between income-generating growth and defensive assets to maximise income when the opportunities arise and help achieve some capital growth over time.
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Potential for capital growth
Aims to provide a positive return on capital over the long term.
In addition to a regular monthly payment, exposure to income-generating growth assets provides some long-term appreciation in your income and capital. Any capital gains and additional income are reinvested to help grow your capital base on which income is being generated for future years.
What are the key risks associated with the fund?
Risks specific to the Income Generator Fund include the risk of capital reduction or loss and the risk of reduced or suspended distributions. There are also the risks associated with market investments, liquidity and international currency. Please read the Fund’s Product Disclosure Statement for more information.
Fund facts as at 30 June 2020
| Product code | AIGF |
|---|---|
| Type of fund | Managed Fund. This fund is a Portfolio Investment Entity (PIE) |
| Investment objective | To maximise the amount of the monthly distribution payments by outperforming, over the medium term, the weighted average return of the market indices used to measure performance of the underlying funds/assets in which the fund invests. |
| Investment approach | Investment in a diversified mix of growth and defensive assets aims to provide regular income along with a positive return on capital over the long term. Payment of a fixed monthly distribution is delivered by actively managing a diversified range of income-producing assets such as fixed interest securities, corporate bonds, equities and infrastructure. Environmental, Social and Governance characteristics are integrated into the underlying investment managers' investment process. The fund's foreign currency exposure (excluding Australian dollar exposure) is fully hedged back to New Zealand dollars. Australian dollar exposure is not currently hedged. |
| Net fund size | $151.4 million |
| Product inception date | 01 Jun 2014 |
| Minimum suggested timeframe | 3 years |
| Distribution frequency | Monthly |
| Benchmark | The weighted average return of the underlying funds/assets in which the Fund invests. |
| Risk level (1-7) | 4. Medium |
| Platform access | Aegis, FNZ and InvestNow |
Fund Information
Documents & Downloads
Unit Prices
Performance
| 1 Month | 1.36% |
|---|---|
| 3 Month | 4.84% |
| 1 Year | 3.37% |
| 3 Year | 7.33% |
| 5 Year | 8.19% |
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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
Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Goals Based 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.
FundSource disclaimer:
Copyright © FundSource Limited. The fund information and ratings are intended for general information purposes. The information does not constitute investment advice or a recommendation, and is not a guide to future performance. The information is published under license from FundSource Limited (“FundSource”) and may not be redistributed or reproduced without FundSource's consent. For detailed explanation of the ratings methodology and disclaimers of liability please visit www.fundsource.co.nz.