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  5. AMP - SignatureSuper - K2 Australian Absolute Return - Managed fund profile

AMP - SignatureSuper - K2 Australian Absolute Return - Managed Fund (Closed)

Fund Objective
The Fund aims to deliver capital growth over the long term by seeking out opportunities in undervalued companies in all market cycles.
Fund Strategy
The Fund aims to deliver investors strong capital growth over the long-term. K2's investment parameters allow both Long and Short investment in equity markets, with the added flexibility of investing in cash. The Fund carries specific capacity limits, enabling them to remain versatile and protect their ability to continue to achieve their performance objectives.

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 2.5% 0.54% 1.72% -5.39% 2% 2.15% 3.79% -%
Growth return 2.5% 0.54% 1.72% -5.39% 2% 2.15% 3.79% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 30 Sep 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - SignatureSuper - K2 Australian Absolute Return
Australian Equities
87.87%
International Equities
6.05%
Cash
6.08%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.95%
International Equities
6.74%
Cash
44.79%
Property & Infrastructure
1.44%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
AMP - SignatureSuper - K2 Australian Absolute Return
Closed
AMP Superannuation Limited
AMP1604AU
Alternative - Other
Not Rated
Superannuation Fund
12 Nov 2010
$3.03 million (as at 30 Sep 2019)
$1.46283 (as at 3 Oct 2019)
$1.46283 (as at 3 Oct 2019)
Finalised
Offer information
Type Description
MER 2.28% (as at 30 Sep 2019)
Indirect Cost Ratio (ICR) 2.28% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,500.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Jun 2025)

Holding (as at 30 Jun 2025) Type % of Portfolio
Macquarie Group Ltd Equity 12.46%
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FAQs about the AMP - SignatureSuper - K2 Australian Absolute Return

The objective of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is The Fund aims to deliver capital growth over the long term by seeking out opportunities in undervalued companies in all market cycles.

The strategy of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is The Fund aims to deliver investors strong capital growth over the long-term. K2's investment parameters allow both Long and Short investment in equity markets, with the added flexibility of investing in cash. The Fund carries specific capacity limits, enabling them to remain versatile and protect their ability to continue to achieve their performance objectives.

The APIR code of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is AMP1604AU.

AMP - SignatureSuper - K2 Australian Absolute Return’s total return last month was 2.5%. This was made up of a growth return of 2.5% and an income return of 0%. These returns were calculated as at 30 Sep 2019.

AMP - SignatureSuper - K2 Australian Absolute Return’s total return for the last three months was 0.54%. This was made up of a growth return of 0.54% and an income return of 0%%. These returns were calculated as at 30 Sep 2019.

AMP - SignatureSuper - K2 Australian Absolute Return’s one-year total return is -5.39%. This was made up of a growth return of -5.39% and an income return of 0%. These returns were calculated as at 30 Sep 2019.

AMP - SignatureSuper - K2 Australian Absolute Return’s one-year total return is 2.15%. This was made up of a growth return of 2.15% and an income return of 0%. These returns were calculated as at 30 Sep 2019.

The asset allocation of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is :

Australian Equities
87.87%
International Equities
6.05%
Cash
6.08%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is AMP Superannuation Limited.

The AMP - SignatureSuper - K2 Australian Absolute Return managed fund belongs to the Alternative - Other sector/asset class.

As at 30 Sep 2019, the size of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund was $3.03 million.

The AMP - SignatureSuper - K2 Australian Absolute Return managed fund has an inception date of 12 Nov 2010.

The current entry price of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is $1.46283 per unit and the current exit price is $1.46283 per unit (as at 3 Oct 2019).

The current exit price of the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is $1.46283 per unit and the current entry price is $1.46283 per unit (as at 3 Oct 2019).

The minimum initial investment amount for the AMP - SignatureSuper - K2 Australian Absolute Return managed fund is $1,500. 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.