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AMP Capital Income Generator

Select how you would like to invest

A one-stop shop for all your income needs

For investors who are looking for one simple investment solution to meet all their income needs, look no further than the AMP Capital Income Generator. We have specially designed a multi-asset portfolio that aims to provide regular and reliable income which also helps keep up with the cost of living. And because the fund is tax-effective, it makes it particularly suitable to investors who are low tax-rate payers.

The Fund has an emphasis on producing stable monthly income that can grow over time and we provide line of sight on that income 12 months in advance.
Matthew Hopkins, Senior Portfolio Manager

Zenith Approved

A fund built with these goals in mind

A diversified portfolio which aims to provide a reliable income

A diversified portfolio which aims to provide a reliable income

Monthly income delivered by actively managing a diversified range of income-producing assets such as Australian and international equities, infrastructure and corporate bonds. We can also be flexible in altering the allocation to growth and defensive assets to capitalise on opportunities as they arise. 
Focus on tax effectiveness

Focus on tax effectiveness

The Fund is suitable for investors on a low marginal tax rate, such as retirees. 
Helps to keep up with increases in the cost of living

Helps to keep up with increases in the cost of living

The Fund aims to provide capital growth at a level broadly in line with the cost of living. Any capital gains are paid in a separate distribution which is automatically reinvested to help grow the capital base of investors. 
Line of sight on your income

Line of sight on your income

The estimated monthly distribution rate is announced 12 months in advance, providing investors with an indication of the expected income.   

How do we seek to provide regular income and some capital growth?

How does this fund fit into your portfolio?

Investors in retirement have very distinct goals and these can be categorised into essential needs, lifestyle wants and legacy. This fund fits within then essential needs part of a portfolio which covers fundamental items such as food, transport and housing.

Since the Fund aims to generate a regular, reliable income, this means it is well suited for investors who are looking for an investment solution that covers essential needs such as paying for food or housing. It can be used:

What are the risks ?

Fund facts

Investment objective The portfolio aims to provide regular income with some capital growth over the medium to long term.
Distribution frequency Monthly
Inception date 25 February 2014
Minimum investment A$ 10,000 - Personal Investor/Off-platform Class H
Risk level (1 - 7) 5. Medium to High
Benchmark "Income Generator Index"
Status Open
Investment objective The portfolio aims to provide regular income with some capital growth over the medium to long term.
Distribution frequency Monthly
Minimum investment A$ 10,000 - R unit class
Risk level (1 - 7) 5. Medium to High
Benchmark "Income Generator Index"

The Fund's risk level is based on the estimated number of negative annual returns for the Fund over any 20 year period and is not a complete assessment of the risks of investing in the Fund. For instance it does not detail what the size of a negative return could be or the potential for a positive return to be less than an investor may require to meet their objectives. Consequently, before choosing to invest or reinvest in the Fund, you should read the Fund's PDS and incorporated information and consider factors such as the likely investment return, the risks of investing and your investment time frame. Information about the methodology used for calculating the risk level is available here.

How to invest

Getting started online

Supporting material
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Make note of the ASX mFund code in order to invest on the ASX site



The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned October 2015) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on Zenith's Product Assessment’s at

[1] Distributions for AMP Capital Income Generator are preannounced 12 months in advance. It is important to note that the final annualised distribution yield will not be known until the end of the financial year, that the distribution yield estimate is not guaranteed, and that it may change due to market conditions.

ipac asset management limited (ABN 22 003 257 225, AFSL 234655) (ipac) is the responsible entity of the AMP Capital Income Generator (Fund) and the issuer of the units in the Fund. This information has been prepared by AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital), which has been appointed to provide Fund-related services to ipac. To invest in the Fund, investors will need to obtain the current Product Disclosure Statement (PDS) from AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232 497) (AMP Capital). The PDS contains important information about investing in the Fund and it is important that investors read the PDS before making a decision about whether to acquire, or continue to hold or dispose of units in the Fund. Neither AMP Capital, AMPCFM nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this information, AMP Capital makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of this information, and seek professional advice, having regard to their objectives, financial situation and needs.

Issuer: ipac Asset Management Limited ABN 22 003 257 225 (AFSL 234655)
Portfolio manager: ipac Portfolio Management Limited ABN 51 071 315 618 (AFSL 234658)
Fund services manager: AMP Capital Investors Limited ABN 59 001 777 591 (AFSL 232497)

About the PDS:

You will find the following offer documents for this fund:

  • PDS
  • Incorporated information (the information incorporated by reference in the PDS, and which forms part of the PDS)

Before making a decision about investing or reinvesting, you should read both documents. These documents can also be obtained by contacting us on 1800 188 013.