AMP - Flexible Lifetime Term Pension - Lazard Global Equity - Managed Fund

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ }} as their benchmark.

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Benchmark ({{ }})
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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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 1.97 0.93 -1.95 1.49 -6.65 -10.29 -4.57 -
Growth return 1.97 0.93 -1.95 1.49 -6.65 -10.29 -4.57 -
Income return 0 0 0 0 0 0 0 -
Market index (MSCI World Ex Australia NR AUD)
Total return 2.31 2.94 15.31 11.73 15.94 14.13 13.82 12.03
As as 31 Oct 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Term Pension - Lazard Global Equity
International Equities
Australian Equities
Fixed Interest
Average Allocation of Peers
International Equities
Australian Equities
Fixed Interest

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Term Pension - Lazard Global Equity
AMP Superannuation Limited
Equity World Large Value
starstarstar (as at 31 Oct 2010)
Allocated Pension
20 Sep 2004
$0.18 million (as at 31 Oct 2010)
$0.61656 (as at 11 Nov 2010)
Fund Objective
The LQE Global (ex-Australia) 130/30 Fund seeks to achieve total returns (comprising income and capital appreciation and before the deduction of fees and taxes) that outperform the MSCI World ex-Australia Index with net dividends reinvested ('the benchmark') by 4-5% per annum over rolling three-year periods.
Fund Strategy
The Fund is constructed by investing approximately 130% of the portfolio in a diversified group of global listed securities excluding securities listed on the Australian stock exchange, and selling short a similarly diversified group equivalent to 30% of the Fund. In aggregate, the Fund's systematic risk (Beta) will be similar to the market. Following the stock ranking process outlined below, the most attractive stocks are included in the long portfolio and the least attractive are sold short.
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.45% (as at 31 Dec 2009)
Minimum initial investment

Top 10 holdings (as at 30 Sep 2009)

Holding (as at 30 Sep 2009) Type % of Portfolio
Johnson & Johnson Stock 2.83%
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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.

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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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*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 *
InvestSMART International Equities 11.58%
InvestSMART High Growth 9.53%
Intelligent Investor Equity Growth 9.44%
Intelligent Investor Equity Income 8.84%
InvestSMART Growth 8.66%
InvestSMART Diversified Property and Infrastructure 8.58%
InvestSMART Balanced 6.97%
Intelligent Investor Australian Small Companies Fund 6.34%
InvestSMART Hybrid Income 5.56%
InvestSMART Conservative 5.43%
InvestSMART Interest Income 3.63%

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

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