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  5. AMP - Generations - BlackRock Australian Equity - Managed fund profile

AMP - Generations - BlackRock Australian Equity - Managed Fund (Closed)

Fund Objective
The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits.
Fund Strategy
The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

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 0.64% 7.24% 9.32% 24.11% 7.71% 8.05% 8.53% 7.88%
Growth return 0.62% 7.14% 9.23% 21.33% 4.92% 5.44% 5.62% 4.89%
Income return 0.02% 0.1% 0.09% 2.78% 2.79% 2.61% 2.91% 2.99%
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 May 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - BlackRock Australian Equity
Australian Equities
93.02%
Cash
0.62%
Property & Infrastructure
6.36%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.72%
Cash
-0.78%
Property & Infrastructure
1.41%
International Equities
4.82%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
AMP - Generations - BlackRock Australian Equity
Closed
National Mutual Funds Management Limited
NML0571AU
Equity Australia Large Blend
starstarstar (as at 31 May 2021)
Investment Fund
30 Aug 2004
$5.02 million (as at 30 Apr 2021)
$1.29175 (as at 4 Jun 2021)
$1.28788 (as at 4 Jun 2021)
Finalised
Offer information
Type Description
MER 1.77% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 1.77% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount $500.00

Top 10 holdings (as at 31 Jul 2025)

Holding (as at 31 Jul 2025) Type % of Portfolio
Commonwealth Bank of Australia Equity 10.93%
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FAQs about the AMP - Generations - BlackRock Australian Equity

The objective of the AMP - Generations - BlackRock Australian Equity managed fund is The Fund aims to: ? achieve capital growth over the long-term through investment in Australian shares and other securities, and ? provide investors with some tax-effective income through the distribution of franking credits.

The strategy of the AMP - Generations - BlackRock Australian Equity managed fund is The Fund aims to outperform the Benchmark by gaining exposure to long and short positions across the Australian equity market. The Fund gains exposure to a long/short investment strategy through an investment in the BlackRock Equitised Long Short Fund (the 'BELSH'), which in turn invests in the BlackRock Australian Equity Market Neutral Fund (the 'Long/Short Portfolio').

The APIR code of the AMP - Generations - BlackRock Australian Equity managed fund is NML0571AU.

AMP - Generations - BlackRock Australian Equity’s total return last month was 0.64%. This was made up of a growth return of 0.62% and an income return of 0.02%. These returns were calculated as at 31 May 2021.

AMP - Generations - BlackRock Australian Equity’s total return for the last three months was 7.24%. This was made up of a growth return of 7.14% and an income return of 0.1%%. These returns were calculated as at 31 May 2021.

AMP - Generations - BlackRock Australian Equity’s one-year total return is 24.11%. This was made up of a growth return of 21.33% and an income return of 2.78%. These returns were calculated as at 31 May 2021.

AMP - Generations - BlackRock Australian Equity’s one-year total return is 8.05%. This was made up of a growth return of 5.44% and an income return of 2.61%. These returns were calculated as at 31 May 2021.

The asset allocation of the AMP - Generations - BlackRock Australian Equity managed fund is :

Australian Equities
93.02%
Cash
0.62%
Property & Infrastructure
6.36%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Generations - BlackRock Australian Equity managed fund is National Mutual Funds Management Limited.

The AMP - Generations - BlackRock Australian Equity managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Apr 2021, the size of the AMP - Generations - BlackRock Australian Equity managed fund was $5.02 million.

The AMP - Generations - BlackRock Australian Equity managed fund has an inception date of 30 Aug 2004.

The current entry price of the AMP - Generations - BlackRock Australian Equity managed fund is $1.29175 per unit and the current exit price is $1.28788 per unit (as at 4 Jun 2021).

The current exit price of the AMP - Generations - BlackRock Australian Equity managed fund is $1.28788 per unit and the current entry price is $1.29175 per unit (as at 4 Jun 2021).

The minimum initial investment amount for the AMP - Generations - BlackRock Australian Equity managed fund is $0. Minimum additional investment 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.