Benefits of investing in the MyNorth Retirement Fund

The Fund provides:

• Access to a portfolio made up of asset classes such as shares, credit, cash, fixed income, property and alternative assets, diversified across sectors and Australian and international markets

• Access to dynamic asset allocation which allows re-weighting of the Fund's portfolio to maintain a contemporary portfolio relevant to the current investment environment

• The potential for stable, risk-adjusted returns achieved through exposure to an actively managed, diversified portfolio, and

• Access to the investment expertise of the AMP Capital Multi Asset Group, supported by input from investment managers and advisers around the world, and AMP Capital's broader investment management resources and capabilities.

Risk level

Low to Medium

Investor suitability

This Fund may be suitable for those who:

1. Are cost conscious and are looking for active management with a focus on risk management.
2. Will regularly be drawing down on their savings in order to meet their everyday needs.
3. May not have enough in retirement savings to live off interest/yield alone.

About the Fund

The Fund aims to provide investors with the stable, risk-adjusted returns above inflation with lower volatility of returns, over the full investment cycle. The Fund seeks to achieve this through investment in a portfolio of assets diversified across asset classes, sources of returns (from different asset types) and investment managers, and by maintaining a contemporary investment portfolio that is relevant to market conditions.

The Fund is actively managed, with the flexibility to change the asset class mix at any time within broad ranges. This allows us to rebalance the Fund's asset allocation mix across a range of asset classes in order to take advantage of opportunities arising from market mispricing. The Fund provides investors with the potential for stable, risk-adjusted returns above inflation through investment in a portfolio of assets diversified across asset classes, sources of returns (from different asset types) and investment managers, with the aim of maintaining a contemporary portfolio relevant to market conditions, and lowering the volatility of returns over time, across the full investment cycle.

Significant features

• Diversified portfolio construction: The Fund provides investors with access to a diversified portfolio which is actively managed, and seeks to generate stable, risk-adjusted returns above inflation, over the full investment cycle, through the use of dynamic asset allocation and risk management strategies.

• Dynamic asset allocation is where we have the flexibility to change the asset class mix at any time. This allows us to rebalance the Fund's asset allocation mix across a broad range of asset classes in order to take advantage of opportunities arising from market mispricing, with the aim of maintaining a portfolio relevant to the investment environment.

• Risk management strategies assist the Fund by seeking to minimise investment losses in potentially adverse investment environments. Risk is managed primarily through diversification, hedging and dynamic asset allocation.

How we invest your money

In constructing the Fund's portfolio, we take into consideration the risk and return expectations of each asset class with the aim of maximising risk-adjusted investment returns, and minimising volatility of returns within the Fund. Consequently, when selecting the appropriate mix of asset classes for the Fund, we seek to ensure that the Fund is strategically positioned to achieve these goals, and that no single asset, or type of asset, dominates the portfolio at any stage of the investment cycle.

Asset allocations

• Australian equities: 0-40%

• Global shares: 0-40%

• Property: 0-20%

• Infrastructure: 0-20%

• Alternatives: 0-30%
• Fixed income: 0-100%
  
  
• Cash: 0-100%

TOTAL GROWTH ASSETS: 0-70%

TOTAL DEFENSIVE ASSETS: 30-100%

* These asset classes include hedge funds adopting different investment strategies and absolute return style investment strategies.