AMP Personalised Portfolio



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AMP Personalised Portfolio Investment Menu Update The following information is an update to the AMP Personalised Portfolio Product Disclosure Statement Part 2, issued 28 June 2013 (the PDS Part 2). This document is intended to provide updates on the investment options available through the Service since the original issue of the PDS Part 2. The updates include but not limited to: Investment options that have become available for investment through the Service, important changes to the investment option or information contained in the underlying PDS (managed funds only), which subsequently impacts our PDS Part 2, or investment options been removed from the list of available investment options Full details of the investment objective and strategy, risks, fees and other important information are set out in AMP Personalised Portfolio PDS Part 2 otherwise please refer to the underlying product disclosure statement for each managed fund. Fees and costs For each managed fund, the management fee and costs (% pa) are calculated on the net asset value of the fund. However a (ii) indicates that they are calculated on the gross asset value. Unless stated otherwise, fees are shown inclusive of GST and, where applicable, less reduced input tax credits. fee and costs are exclusive of any performance fee; however a (i) indicates this investment option may charge a performance fee. fee and costs are exclusive of any expense recovery; however a (iii) indicates the management cost of the particular investment option is inclusive of expense recovery. Please refer to the relevant fund s PDS for information about how the performance fee is calculated. Important note This document may contain advice. Any advice is of a general nature and is not based on your personal objectives, your financial situation or your needs. Accordingly, you should consider how appropriate any advice is to your personal objectives, financial situation and needs. Before acquiring any AMP financial product, you should read the current product disclosure statement, which is available from your financial planner or from AMP. Any advice in this document is provided by NMMT,, AFSL No. 234653 which is part of the AMP group of companies. AMP companies receive fees and charges in relation to their products, as set out in the product documentation. AMP employees and directors receive salaries, bonuses and other benefits from the AMP group.

New Model Portfolios OPTION NAME STYLE AVERAGE NUMBER OF SECURITIES FEE AND COSTS (PA) PERFORMANCE FEE (PA) AUSTRALIAN SHARES Australian Equity 3D Model Portfolio (formerly the AMP Capital High Conviction Equity Model Portfolio) Investors Style Neutral 10 to 20 0.36% Performance fee of 22% of any outperformance of the benchmark S&P/ASX 200 Accumulation Index Australian Equity Dividend Model Portfolio (formerly the AMP Index Top 20 Industrials Model Portfolio) Investors Income 10 to 25 0.46% Performance fee of 16.5% of any outperformance of the benchmark S&P/ASX 200 Accumulation Index Australian Equity Growth Model Portfolio (formerly the AMP Index Top 20 Resources Model Portfolio) Investors Growth 10 to 25 0.46% Performance fee of 16.5% of any outperformance of the benchmark S&P/ASX 200 Accumulation Index New Managed Funds APIR CODE OPTION NAME FEE AND COSTS (PA) AUSTRALIAN SHARES BFL0004AU BNT0003AU HOW0016AU WHT0039AU Bennelong ex-20 Australian Equities Fund (i) Hyperion Australian Growth Companies Fund NovaPort Wholesale Smaller Companies Fund (i) Plato Australian Shares Income Fund Bennelong Australian Equity Partners Pty Ltd Hyperion Asset NovaPort Capital Pty Ltd Plato Investment 0.95% S&P/ASX 300 excluding stocks comprised in the S&P/ASX 20 Leaders Index. 0.95% S&P/ASX 300 0.90% S&P/ASX Small Ordinaries 0.90% S&P/ASX 200 Index (including franking credits) AMP0681AU Specialist Australian Share Fund (i)(iii) Investors 0.82% S&P/ASX300 NMMT

APIR CODE OPTION NAME FEE AND COSTS (PA) AMP0973AU AMP0969AU Specialist Australian Small Companies Fund (i)(iii) Specialist Geared Australian Share Fund (i)(iii) Investors Investors 1.1775% S&P/ASX Small Ordinaries 1.15% S&P/ASX 200 INTERNATIONAL SHARES MAL0133AU HFL0032AU BlackRock Wholesale Global Small Cap Fund Class D Threadneedle Global Equity Income Fund (Unhedged) BlackRock Investment (Australia) Threadneedle Asset 1.25% S&P Global MidSmall Cap Index 1.15% MSCI All Country World Index AUD (unhedged) (MSCI ACWI) AMP0825AU Specialist International (Hedged) Share Fund (i)(iii) Investors 1.0938% Morgan Stanley Capital International (MSCI) World (ex-australia) hedged in AUD. AMP0824AU Specialist International Share Fund (i)(iii) Investors 1.0938% Morgan Stanley Capital International (MSCI) World (ex-australia) PROPERTY NML0001AU Wholesale Australian Property Fund National Mutual Funds 0.81% S&P/ASX 200 Property MAQ0844AU Charter Hall Direct Industrial Fund No. 3 (Wholesale) Charter Hall Holdings Pty 0.70% CRM0008AU Cromwell Phoenix Property Securities Fund Phoenix Portfolios Pty Ltd 0.97% S&P/ASX 300 A-REIT AMP1990AU Specialist Property & Infrastructure Fund (i) Investors 1.15% 25% S&P/ASX200 A-REIT Accumulation Index 35% FTSE EPRA NAREIT Developed Net Total Return Index (AUD) 30% Dow Jones Brookfield Global Infrastructure Net Accumulation Index (AUD) 10% Mercer / IPD Australian Pooled Property Fund Index ALTERNATIVE ASSETS NMMT

APIR CODE OPTION NAME FEE AND COSTS (PA) AFM0005AU Aurora Fortitude Absolute Return Fund (i) Fortitude Capital Pty Ltd 1.48625% RBA Cash Rate AMP1595AU Global Infrastructure Securities Fund (Hedged) Investors 0.85% Dow Jones Brookfield Global Infrastructure Index Australian Dollar Hedged AMP1593AU Global Infrastructure Securities Fund (Unhedged) Investors 0.85% Dow Jones Brookfield Global Infrastructure Index Australian Dollar Hedged ETL0276AU Partners Group Global Value Fund (AUD) - Wholesale Partners Group (Guernsey) 1.75% MSCI World ex Australia Hedged $A AMP1932AU Dynamic Markets (i)(iii) Investors 0.50% RBA Inflation rate AUSTRALIAN FIXED INTEREST AMP0981AU Wholesale Australian Bond Fund Investors 0.36% Bloomberg Composite Bond (All Maturities) Index. HOW0056AU Guaranteed Income Fund 4.46% pa (Maturity 30/06/2017) MLT0001AU Guaranteed Income Fund 4.30% pa (Maturity 30/09/2017) MLT0002AU Guaranteed Income Fund 4.50% pa (Maturity 30/06/2016) MLT0005AU Guaranteed Income Fund 4.55% pa (Maturity 30/09/2017) MLT0006AU Guaranteed Income Fund 4.85% pa (Maturity 30/09/2018) MLT0007AU Guaranteed Income Fund 5.15 % pa (Maturity 31/03/2020) NMMT

APIR CODE OPTION NAME FEE AND COSTS (PA) INTERNATIONAL FIXED INTEREST FRT0011AU HOW0052AU AMP1992AU Franklin Templeton Multisector Bond Fund Kapstream Wholesale Absolute Return Income Fund Specialist Diversified Fixed Income Fund (i)(iii) Franklin Templeton Investments Australia Kapstream Capital Pty Investors 0.93% Barclays Global Multiverse Index (Hedged in AUD). 0.70% 50% Bloomberg Composite Bond Index 0-3 years 50% Bloomberg Bank Bill Index 0.80% 60% Bloomberg Composite Bond All Maturities Index; 30% Barclays Capital Aggregate Index (Hedged); and 10% Barclays Capital Aggregate Corporate Index (Hedged). JBW0097AU Goldman Sachs Global Strategic Bond Fund Goldman Sachs Asset & Partners Australia Pty 0.80% Bloomberg AusBond Bank Bill Index MULTI ASSET CLASS IPA0076AU ipac Income Generator ipac portfolio management limited 0.79% Changes to model portfolios OPTION NAME FEE AND COSTS (PA) PERFORMANCE FEE (PA) CHANGES AUSTRALIAN SHARES Tyndall Australian Share Value Perennial Value Australian Share Tyndall Investment Perennial Value 0.62% S&P/ASX 200 0.75% S&P/ASX 300 Change of fund name from Tyndall Australian Share Value to Nikko AM- Tyndall Australian Share Value Reduction in management fee from 0.75% pa to 0.65% pa and change of performance fee from to 15% of performance above the S&P/ASX 300 accumulation index NMMT

Changes to managed funds APIR CODE OPTION NAME FEE AND COSTS (PA) CHANGES INTERNATIONAL SHARES PMC0100AU PM Capital Absolute Performance Fund (i) MAPP Pty 1.09% MSCI World Net Index (with net dividends reinvested) Change of fund name from PM Capital Absolute Performance Fund to PM Capital Global Companies Fund MGL0010AU RREEF Global (ex- Australia) Property Securities Fund Deutsche Asset (Australia) 1.13% UBS Global Real Estate Investors (ex-australia) Index (hedged in AUD) Change of benchmark from Bloomberg Global Real Estate Investors (ex-australia) Index (hedged in AUD) to FTSE EPRA/NAREIT Developed ex- Australia Index (hedged in AUD) Managed Funds no longer available APIR CODE OPTION NAME Date of removal Comment INTERNATIONAL SHARES FSF0710AU NML0348AU Acadian Wholesale Global Equity Fund Wholesale Global Equity Value Acadian Asset LLC June 2014 Closed to new and AllianceBernstein June 2014 Closed to new and CEL0002AU Barclays DYNAMIC80 International Share Fund Celsius Investments Australia June 2013 Terminated by investment manager and proceeds credited to members cash accounts. FID0011AU Fidelity China Fund FIL June 2014 Closed to new and NMMT

APIR CODE OPTION NAME Date of removal Comment TGP0004AU UBS0012AU PROPERTY MAQ0816AU GVI Global Industrial Share Fund (Hedged) UBS Emerging Markets Equity Fund Charter Hall Direct Industrial Fund No.2 - Wholesale Aubrey Capital UBS Global Asset (Australia) Charter Hall Holdings Pty Ltd June 2014 June 2014 September 2013 Closed to new and Closed to new and Closed to investment by investment manager as the fund successfully attained the Total Offer Amount MAQ0406AU Van Eyk Blueprint Alternatives Fund(i) Van Eyk Research Pty Ltd August 2014 Closed to new investment and all holdings will be redeemed and credited to your cash account. AUSTRALIAN FIXED INTEREST HOW0091AU Guaranteed Income Fund 5.30% pa (Maturity 30/6/2014) Ltd June 2014 Fund matured on 30 June 2014 and proceeds paid to members cash accounts. AMP1233AU AMPCI Core Plus Strategies Fund - Class A Investors September 2014 Terminated by investment manager MULTI ASSET CLASS AMP0546AU Future Directions Balanced Fund Class A Investors (using a multimanager style July 2014 Closed to new investors. Existing investors can continue to make additional investments AMP0559AU Future Directions Growth Fund Class A Investors (using a multimanager style July 2014 Closed to new investors. Existing investors can continue to make additional investments CRM0008AU Cromwell Phoenix Property Securities Fund Phoenix Portfolios Pty Ltd February 2015 Closed to new investors. Existing investors can continue to make additional investments AMR0001AU Ascalon H3 Commodities Fund H3 Global Advisors Pty January 2015 Terminated by investment manager Model Portfolios no longer available OPTION NAME Date of removal Comment NMMT

OPTION NAME Date of removal Comment AUSTRALIAN SHARES Goldman Sachs Australian Resources Goldman Sachs Asset & Partners Australia Pty November 2013 Terminated by investment manager Researchers Pick Australian Share Concentrated Hillross Financial Services January 2015 Closed to new investors. Existing investors can continue to make additional investments Researchers Pick Australian Share Growth Hillross Financial Services January 2015 Terminated by investment manager Researchers Pick Australian Share Income Hillross Financial Services January 2015 Closed to new investors. Existing investors can continue to make additional investments NMMT