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MyNorth Dynamic Balanced Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100510-2023-09-30-02:37.pdf
FUND MANAGER AMP Capital Investors
ASX Code
APIR AMP2086AU
ASSET CLASS MULTI-ASSET
INVESTMENT STYLE The Fund is a unique combination of a passive balanced fund enhanced by dynamic asset allocation.
INVESTMENT PROFILE The investment objective of the Fund is to outperform the Benchmark over the investment horizon of the Fund (7 years).
CURRENCY MANAGEMENT Active management
INCEPTION DATE 30-11-2015
BENCHMARK Median of the Chant West growth fund survey
FUND SIZE Median of the Chant West growth fund survey
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS
FEES 0.61% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the MyNorth Dynamic Balanced Fund

  • Cost-effective: A cost-effective way to access active management due to the fact that the underlying assets are passive, but are enhanced by the active asset allocation of the AMP Capital Dynamic Markets Fund, which is one of the funds that the Fund invests in.
  • Diversification: The Fund aims to spread your risk and access to growth opportunities more evenly across asset classes and sectors. Exposure to a broad range of asset classes is achieved through passively managed investments held in underlying funds.
  • Dynamic asset allocation: A portion of the Fund has actively managed asset allocation to negotiate the ups and downs of the market, which aims to smooth investment returns over the longer term by adjusting the portfolio's asset class mix to take advantage of dislocations in markets.

Risk level

Medium to High (SRM 5)

Investor suitability

The Fund may be suitable for investors who are conscious of cost but are looking for an investment with exposure that utilises DAA to enhance the portfolio.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund aims to provide the investor with a cost-effective investment across a range of asset classes. This is achieved by investing into existing AMP Capital funds - Super Easy Balanced (SEB), registered as the Balanced Enhanced Index Fund (ARSN 115 380 562) and the AMP Capital Dynamic Markets Fund (DMF) (ARSN 165 993 475) with a targeted allocation of 70% to SEB and 30% to DMF.

SEB is a passively managed balanced fund that provides access to the expertise of index-focussed investment managers, specialising in specific asset classes. DMF is a balanced fund with exposure to multiple asset classes, achieved primarily via the use of exchange-traded funds, index funds and derivatives. However, it adopts a dynamic asset allocation (DAA) investment approach across its various asset classes, which aims to deliver growth by using a flexible approach to asset allocation.

Mandate

How we invest your money

Asset allocations

  • Australian shares: 14%-43%
  • International shares: 14%-43%
  • Listed real assets: 0%-18%
  • Growth alternatives*: 0%-29%
  • Australian fixed income: 0%-22%
  • International fixed income: 0%-29%
  • Cash: 0%-29%

*Includes commodity investments, derivatives and absolute return strategies