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  5. AMP - Generations - Legg Mason Property Securities - Managed fund profile

AMP - Generations - Legg Mason Property Securities - Managed Fund (Closed)

Fund Objective
To earn a before fees and tax return of 1.5% pa in excess of the benchmark over rolling three-year periods. The benchmark is the S&P/ASX 300 A-REIT Accumulation Index.
Fund Strategy
The fund aims to achieve the investment objective through the active management of a diversified portfolio of property securities. Property securities comprise listed property trusts and property related listed equities such as infrastructure stocks.

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 -0.36% 6.67% 1.91% 22.52% 0.76% 1.65% 1.96% 9.19%
Growth return -0.39% 6.4% 1.65% 20.6% -1.28% -0.73% -1.98% 5.49%
Income return 0.03% 0.27% 0.26% 1.92% 2.04% 2.38% 3.94% 3.7%
Market index (S&P/ASX 200 A-REIT TR)
Total return 9.7% 16.75% 36.08% 36.58% 8.42% 11.44% -% 10.52%
As at 31 May 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Generations - Legg Mason Property Securities
Cash
1.76%
Property
98.24%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.64%
Property
94.20%
Australian Equities
3.78%
International Equities
0.35%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
AMP - Generations - Legg Mason Property Securities
Closed
National Mutual Funds Management Limited
NML0578AU
Equity Australia Real Estate
starstar (as at 31 May 2021)
Investment Fund
30 Aug 2004
$10.1 million (as at 30 Apr 2021)
$0.60161 (as at 4 Jun 2021)
$0.59861 (as at 4 Jun 2021)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.64% (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 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Goodman Group Equity 31.30%
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FAQs about the AMP - Generations - Legg Mason Property Securities

The objective of the AMP - Generations - Legg Mason Property Securities managed fund is To earn a before fees and tax return of 1.5% pa in excess of the benchmark over rolling three-year periods. The benchmark is the S&P/ASX 300 A-REIT Accumulation Index.

The strategy of the AMP - Generations - Legg Mason Property Securities managed fund is The fund aims to achieve the investment objective through the active management of a diversified portfolio of property securities. Property securities comprise listed property trusts and property related listed equities such as infrastructure stocks.

The APIR code of the AMP - Generations - Legg Mason Property Securities managed fund is NML0578AU.

AMP - Generations - Legg Mason Property Securities’s total return last month was -0.36%. This was made up of a growth return of -0.39% and an income return of 0.03%. These returns were calculated as at 31 May 2021.

AMP - Generations - Legg Mason Property Securities’s total return for the last three months was 6.67%. This was made up of a growth return of 6.4% and an income return of 0.27%%. These returns were calculated as at 31 May 2021.

AMP - Generations - Legg Mason Property Securities’s one-year total return is 22.52%. This was made up of a growth return of 20.6% and an income return of 1.92%. These returns were calculated as at 31 May 2021.

AMP - Generations - Legg Mason Property Securities’s one-year total return is 1.65%. This was made up of a growth return of -0.73% and an income return of 2.38%. These returns were calculated as at 31 May 2021.

The asset allocation of the AMP - Generations - Legg Mason Property Securities managed fund is :

Cash
1.76%
Property
98.24%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - Generations - Legg Mason Property Securities managed fund is National Mutual Funds Management Limited.

The AMP - Generations - Legg Mason Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 30 Apr 2021, the size of the AMP - Generations - Legg Mason Property Securities managed fund was $10.1 million.

The AMP - Generations - Legg Mason Property Securities managed fund has an inception date of 30 Aug 2004.

The current entry price of the AMP - Generations - Legg Mason Property Securities managed fund is $0.60161 per unit and the current exit price is $0.59861 per unit (as at 4 Jun 2021).

The current exit price of the AMP - Generations - Legg Mason Property Securities managed fund is $0.59861 per unit and the current entry price is $0.60161 per unit (as at 4 Jun 2021).

The minimum initial investment amount for the AMP - Generations - Legg Mason Property Securities 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.