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  5. AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares - Managed fund profile

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares - Managed Fund (Closed)

Fund Objective
To grow the value of the investment over the long-term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares, and to provide a total return (after fees) that outperforms the S&P/ASX 300 Accumulation Index measured on a rolling 3 year basis.
Fund Strategy
The portfolio invests in a range of companies listed (or soon to be listed) on the ASX and will typically hold approximately 45 stocks with a minimum stock holding of 20 and a maximum of 70. The portfolio may utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure. For reasons of investment efficiency, the portfolio may gain its exposure by holding units in other Perennial Unit Trusts.

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 -1.09% 4.9% -8.46% -2.87% 14.17% 4.28% 5.29% 7.06%
Growth return -68.88% -67% -74.95% -73.99% -41.34% -33.46% -21.84% -9.42%
Income return 67.79% 71.9% 66.49% 71.12% 55.51% 37.74% 27.13% 16.48%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 30 Sep 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares
Australian Equities
87.77%
International Equities
3.19%
Cash
6.99%
Property
2.04%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.67%
International Equities
4.05%
Cash
0.84%
Property
2.92%
Fixed Interest
0.46%
Alternatives
0.06%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares
Closed
IPAC Asset Management Limited
AMP1430AU
Equity Australia Large Value
starstarstar (as at 30 Sep 2022)
Investment Fund
1 Jul 2010
$0.05 million (as at 30 Sep 2022)
$0.34574 (as at 19 Oct 2022)
$0.34463 (as at 19 Oct 2022)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.85% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,500.00
Minimum additional investments $500.00
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Aug 2022)

Holding (as at 31 Aug 2022) Type % of Portfolio
BHP Group Ltd Equity 9.40%
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FAQs about the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares

The objective of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is To grow the value of the investment over the long-term via a combination of capital growth and tax-effective income, by investing in a diversified portfolio of Australian shares, and to provide a total return (after fees) that outperforms the S&P/ASX 300 Accumulation Index measured on a rolling 3 year basis.

The strategy of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is The portfolio invests in a range of companies listed (or soon to be listed) on the ASX and will typically hold approximately 45 stocks with a minimum stock holding of 20 and a maximum of 70. The portfolio may utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure. For reasons of investment efficiency, the portfolio may gain its exposure by holding units in other Perennial Unit Trusts.

The APIR code of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is AMP1430AU.

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares’s total return last month was -1.09%. This was made up of a growth return of -68.88% and an income return of 67.79%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares’s total return for the last three months was 4.9%. This was made up of a growth return of -67% and an income return of 71.9%%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares’s one-year total return is -2.87%. This was made up of a growth return of -73.99% and an income return of 71.12%. These returns were calculated as at 30 Sep 2022.

AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares’s one-year total return is 4.28%. This was made up of a growth return of -33.46% and an income return of 37.74%. These returns were calculated as at 30 Sep 2022.

The asset allocation of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is :

Australian Equities
87.77%
International Equities
3.19%
Cash
6.99%
Property
2.04%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is IPAC Asset Management Limited.

The AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Sep 2022, the size of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund was $0.05 million.

The AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund has an inception date of 1 Jul 2010.

The current entry price of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is $0.34574 per unit and the current exit price is $0.34463 per unit (as at 19 Oct 2022).

The current exit price of the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is $0.34463 per unit and the current entry price is $0.34574 per unit (as at 19 Oct 2022).

The minimum initial investment amount for the AMP - Flexible Lifetime Investments - S2 - Perennial Value Australian Shares managed fund is $1,500. Minimum additional investment is $500.

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.