MyNorth IndexPlus Balanced Managed Portfolio
About this Fund
|FUND MANAGER||AMP Research team|
|INVESTMENT STYLE||The portfolio gains its exposure by investing in wholesale managed funds.|
|INVESTMENT PROFILE||Aims to provide moderate to high returns over the medium to long term through a diversified portfolio of growth and defensive assets.|
|CURRENCY MANAGEMENT||Active management|
|BENCHMARK||Morningstar Australian Multisector Growth Average Category|
|FUND SIZE||Morningstar Australian Multisector Growth Average Category|
|DISTRIBUTION FREQUENCY||All income reinvested|
|NO. OF HOLDINGS||Approximately 20 funds|
|FEES||0.10% From 1/08/23|
Benefits of investing in the MyNorth IndexPlus Managed Portfolios
IndexPlus combines the strength of index and active investing into a series of five managed portfolios. It may appeal to cost-conscious clients that are seeking to reduce the overall variability around market returns.
Medium to High
The managed portfolio is designed for investors seeking higher capital growth and prepared to accept higher variability of returns or loss in any given year.
IndexPlus combines the strength of index and active investing into a series of five managed portfolios. It may appeal to cost-conscious clients seeking to reduce the overall variability around market returns.
The IndexPlus series, available on MyNorth Super, Pension or Investment accounts, is managed and constructed by our AMP Research team and expands on MyNorth's investment choice to help bring your expertise to life.
For full details, please refer to the PDS.
About the Manager
The AMP Research team has substantial experience in fund manager research and portfolio management. In constructing and managing the portfolios, the team: -- selects assets from a range of managers to provide diversification across strategies and styles, and -- draws on quantitative and qualitative assessments to make portfolio changes to ensure they align to set investment objectives and risk levels.
How we invest your money
This product aims to provide moderate high returns over the long term through a diversified portfolio of primarily growth assets and some defensive assets. It gains its exposure by investing in wholesale managed funds.
Indicative asset allocation ranges
(Asset class: Minimum / Maximum)
TOTAL GROWTH ASSETS: 70%
TOTAL DEFENSIVE ASSETS: 30%