Home

MyNorth Index Defensive

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100426-2022-10-09-02:38.pdf
FUND MANAGER ipac portfolio management limited
ASX Code
APIR IPA0180AU
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE The Investment Option invests predominantly in defensive assets such as cash and fixed interest.
INVESTMENT PROFILE The Investment Option aims to provide some growth in your investment over the short to medium term with smaller fluctuations in value than the other Index investment options.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 15-01-2016
BENCHMARK N/A
FUND SIZE N/A
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS
FEES 0.55% p.a. of the net assets of the Investment Option
STRUCTURE

Benefits

Benefits

Benefits of investing in the MyNorth Index Defensive

  • Access to over 440 managed funds, term deposits and direct shares
  • Flexible pricing including low-cost options
  • Two capital guarantee options to safeguard your investment
  • Access to insurance options within your super
  • One award-winning and online account to monitor and report on all your investments, 24/7.

Risk level

Low to Medium (SRM 3)

Investor suitability

MyNorth Super may suit if you're after

  • A wide range of investment options that you can access from one account
  • Capital protection for your super, while still benefiting from market growth
  • An account that you can keep all the way through to retirement.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

MyNorth Super gives you control over your super and how it is invested.

You can easily make contributions, withdrawals or transfer your super to your pension without needing  to sell your assets. MyNorth also lets you insure yourself and provide financial security for your loved ones with our award-winning insurance option, AMP Elevate.

About the MyNorth Index Diversified Investment Options

The Investment Options are index investments that have a management style that seeks to match a relevant market index.

Each investment option may invest in a variety of asset classes including shares, property, fixed interest and cash - both in Australia and overseas. Investments will be made in managed investment schemes whose assets are managed by specialist managers selected for their expertise in that asset class.

Each of the Index investment options - Defensive, Moderately Defensive, Balanced, Growth and High Growth - invests in a different combination of growth and defensive assets and has a different risk profile.

Growth assets (such as shares and property) are expected to generate higher long-term returns than defensive assets (such as cash and fixed interest), but with greater volatility (or have a higher risk profile). Generally, the higher the amount of growth assets in an investment option, the greater the potential long-term return and the higher the risks associated with that investment option.

Mandate

How we invest your money

Investment strategy

To invest predominantly in defensive assets such as cash and fixed interest. Growth assets will have an average allocation over time of around 30% invested in growth assets such as shares and property.

Asset allocations

(Asset class: Long-term target / Range)

  • Australian shares: 11% / 5%-20%
  • International shares: 13% / 5%-20%
  • Listed real assets*: 6% / 0%-15%
  • Unlisted real assets: 0% / 0%-15%
  • Alternative growth: 0% / 0%-10%

TOTAL GROWTH ASSETS: 30%

  • Fixed interest: 36% / 15%-70%
  • Alternative defensive: 0% / 0%-10%
  • Australian cash: 34% / 0%-50%

TOTAL DEFENSIVE ASSETS: 70%

*Includes an allocation to Australian listed property, global listed property and global listed infrastructure asset classes.