AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity - Managed Fund

Fund Performance Comparison

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Fees Comparison

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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.3 3.96 -2.6 0.44 8.36 -6.41 1.72 -
Growth return 0.3 3.96 -2.6 0.44 8.36 -6.41 1.72 -
Income return 0 0 0 0 0 0 0 -
Market index (S&P/ASX 200 TR AUD)
Total return 1.39 5.84 6.21 14.59 10.9 7.98 9.17 7.05
As as 31 Oct 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Equities
95.84%
Cash
4.16%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity
Closed
AMP Superannuation Limited
AMP0882AU
Equity Australia Large Value
star (as at 31 Oct 2010)
Allocated Pension
20 Sep 2004
$24.23 million (as at 31 Oct 2010)
$1.4001 (as at 11 Nov 2010)
$1.4001 (as at 11 Nov 2010)
Fund Objective
The Fund seeks to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) that exceed those of the S&P/ASX 200 Accumulation Index ('the benchmark') by 3% per annum over rolling three-year periods.
Fund Strategy
The investment strategy of the Fund is to provide investors with access to companies listed on the Australian Securities Exchange that Lazard believes are out of favour and trading below their intrinsic value. The number of stocks will generally range from 25 to 45 which mean Lazard makes active investment decisions as to which stocks the Fund holds.
Offer information
Type Description
Standard entry fee 4.50%
Indirect Cost Ratio (ICR) 2.35% (as at 31 Dec 2009)
Minimum initial investment $20,000

Top 10 holdings (as at 30 Jun 2018)

Holding (as at 30 Jun 2018) Type % of Portfolio
Australia and New Zealand Banking Group Ltd Equity 7.49%
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Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART cannot make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.16%
InvestSMART International Equities 11.86%
Intelligent Investor Equity Growth 11.34%
InvestSMART Australian Small Companies Fund 9.42%
InvestSMART High Growth 8.98%
InvestSMART Core Growth 8.00%
InvestSMART Balanced 6.18%
InvestSMART Diversified Property and Infrastructure 5.19%
InvestSMART Diversified Income 4.58%
InvestSMART Hybrid Income 4.43%
InvestSMART Interest Income 2.12%

* Returns p.a. since inception after investment & admin fees

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