MyNorth Index Growth
About this Fund
|FUND MANAGER||ipac portfolio management limited|
|ASSET CLASS||EXCHANGE TRADED FUNDS|
|INVESTMENT STYLE||The Investment Option invests in a diversified mix of primarily growth assets.|
|INVESTMENT PROFILE||The Investment Option aims to provide moderate to high growth in your investment over the long term with larger fluctuations in value likely when compared to other Index investment options (excluding High Growth).|
|CURRENCY MANAGEMENT||Active management|
|NO. OF HOLDINGS|
|FEES||0.55% p.a. of the net assets of the Investment Option|
Benefits of investing in the MyNorth Index Growth
High (SRM 6)
MyNorth Super may suit if you're after
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.
How we invest your money
To invest in a diversified mix of primarily
growth assets. Growth assets such as shares and property will have an average
allocation over time of around 85%, with the balance in defensive assets such
as cash and fixed interest.
(Asset class: Long-term target / Range)
TOTAL GROWTH ASSETS: 85%
TOTAL DEFENSIVE ASSETS: 15%
*Includes an allocation to Australian listed property, global listed property and global listed infrastructure asset classes.