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  5. AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity - Managed fund profile

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity - Managed Fund (Closed)

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') over the long term.
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.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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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 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Oct 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity
Australian Equities
99.62%
Cash
0.38%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
Cash
-0.78%
International Equities
4.82%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

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)
Finalised
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 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
Commonwealth Bank of Australia Equity 9.23%
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FAQs about the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity

The objective of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is 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') over the long term.

The strategy of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is 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.

The APIR code of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is AMP0882AU.

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity’s total return last month was 0.3%. This was made up of a growth return of 0.3% and an income return of 0%. These returns were calculated as at 31 Oct 2010.

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity’s total return for the last three months was 3.96%. This was made up of a growth return of 3.96% and an income return of 0%%. These returns were calculated as at 31 Oct 2010.

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity’s one-year total return is 0.44%. This was made up of a growth return of 0.44% and an income return of 0%. These returns were calculated as at 31 Oct 2010.

AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity’s one-year total return is -6.41%. This was made up of a growth return of -6.41% and an income return of 0%. These returns were calculated as at 31 Oct 2010.

The asset allocation of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is :

Australian Equities
99.62%
Cash
0.38%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is AMP Superannuation Limited.

The AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 31 Oct 2010, the size of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund was $24.23 million.

The AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund has an inception date of 20 Sep 2004.

The current entry price of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is $1.4001 per unit and the current exit price is $1.4001 per unit (as at 11 Nov 2010).

The current exit price of the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is $1.4001 per unit and the current entry price is $1.4001 per unit (as at 11 Nov 2010).

The minimum initial investment amount for the AMP - Flexible Lifetime Allocated Pension - Lazard Australian Equity managed fund is $20,000.

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 can 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.