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  5. AMP - Flexible Lifetime Term Pension - MIR Australian Equity - Managed fund profile

AMP - Flexible Lifetime Term Pension - MIR Australian Equity - Managed Fund (Closed)

Fund Objective
To outperform the S&P/ASX 200 Accumulation Index by greater than 4.5% per annum over rolling five year periods before taking into account Fund fees and expenses. Returns are not guaranteed.
Fund Strategy
A diversified portfolio of stocks comprising companies that are listed on the Australian Stock Exchange ('ASX') that are held either directly or by investing in units in other MIR funds established by MIR or EQT.

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 3.92% -4.76% 0.63% -15.27% -% -% -% -%
Growth return 3.92% -4.76% 0.63% -15.27% -% -% -% -%
Income return 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 Aug 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Term Pension - MIR Australian Equity
Australian Equities
89.69%
Cash
3.29%
Property & Infrastructure
7.04%
Alternatives
-0.02%
International Equities
0%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
93.73%
Cash
-0.80%
Property & Infrastructure
1.41%
Alternatives
0.58%
International Equities
4.83%
Fixed Interest
0.26%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Term Pension - MIR Australian Equity
Closed
AMP Superannuation Limited
AMP1092AU
Equity Australia Large Value
Not Rated
Allocated Pension
1 Sep 2006
$0.22 million (as at 31 Jul 2008)
n/a
$1.116 (as at 11 Sep 2008)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
Indirect Cost Ratio (ICR) - Estimated 2.35% (as at 30 Sep 2006) (Estimated)
Minimum initial investment

FAQs about the AMP - Flexible Lifetime Term Pension - MIR Australian Equity

The objective of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is To outperform the S&P/ASX 200 Accumulation Index by greater than 4.5% per annum over rolling five year periods before taking into account Fund fees and expenses. Returns are not guaranteed.

The strategy of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is A diversified portfolio of stocks comprising companies that are listed on the Australian Stock Exchange ('ASX') that are held either directly or by investing in units in other MIR funds established by MIR or EQT.

The APIR code of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is AMP1092AU.

AMP - Flexible Lifetime Term Pension - MIR Australian Equity’s total return last month was 3.92%. This was made up of a growth return of 3.92% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

AMP - Flexible Lifetime Term Pension - MIR Australian Equity’s total return for the last three months was -4.76%. This was made up of a growth return of -4.76% and an income return of 0%%. These returns were calculated as at 31 Aug 2008.

AMP - Flexible Lifetime Term Pension - MIR Australian Equity’s one-year total return is -15.27%. This was made up of a growth return of -15.27% and an income return of 0%. These returns were calculated as at 31 Aug 2008.

AMP - Flexible Lifetime Term Pension - MIR Australian Equity’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Aug 2008.

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

Australian Equities
89.69%
Cash
3.29%
Property & Infrastructure
7.04%
Alternatives
-0.02%
International Equities
0%
Fixed Interest
0%

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

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

As at 31 Jul 2008, the size of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund was $0.22 million.

The AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund has an inception date of 1 Sep 2006.

The current entry price of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is $ per unit and the current exit price is $1.116 per unit (as at 11 Sep 2008).

The current exit price of the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is $1.116 per unit and the current entry price is $ per unit (as at 11 Sep 2008).

The minimum initial investment amount for the AMP - Flexible Lifetime Term Pension - MIR Australian Equity managed fund is $0.

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.