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  5. Optimum Personal Super Lazard Global Equities (ex-Aust) - Managed fund profile

Optimum Personal Super Lazard Global Equities (ex-Aust) - Managed Fund (Closed)

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.

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 1.88% -2.11% 4.98% -3.66% -10.93% -7.52% 0.65% -2.65%
Growth return 1.88% -2.11% 4.98% -3.66% -10.93% -7.52% 0.65% -2.65%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 30 Nov 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Optimum Personal Super Lazard Global Equities (ex-Aust)
International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.27%
Australian Equities
2.34%
Cash
3.60%
Property
1.76%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Optimum Personal Super Lazard Global Equities (ex-Aust)
Closed
Suncorp Portfolio Services Limited
RSA0182AU
Equity World Large Value
starstarstarstar (as at 30 Nov 2009)
Superannuation Fund
1 Oct 1998
n/a
n/a
$0.9181 (as at 14 Dec 2009)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2012)
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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FAQs about the Optimum Personal Super Lazard Global Equities (ex-Aust)

The objective of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is 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.

The strategy of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is 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.

The APIR code of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is RSA0182AU.

Optimum Personal Super Lazard Global Equities (ex-Aust)’s total return last month was 1.88%. This was made up of a growth return of 1.88% and an income return of 0%. These returns were calculated as at 30 Nov 2009.

Optimum Personal Super Lazard Global Equities (ex-Aust)’s total return for the last three months was -2.11%. This was made up of a growth return of -2.11% and an income return of 0%%. These returns were calculated as at 30 Nov 2009.

Optimum Personal Super Lazard Global Equities (ex-Aust)’s one-year total return is -3.66%. This was made up of a growth return of -3.66% and an income return of 0%. These returns were calculated as at 30 Nov 2009.

Optimum Personal Super Lazard Global Equities (ex-Aust)’s one-year total return is -7.52%. This was made up of a growth return of -7.52% and an income return of 0%. These returns were calculated as at 30 Nov 2009.

The asset allocation of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is Suncorp Portfolio Services Limited.

The Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund belongs to the Equity World Large Value sector/asset class.

As at 30 Apr 2010, the size of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund was $ million.

The Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund has an inception date of 1 Oct 1998.

The current entry price of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is $ per unit and the current exit price is $0.9181 per unit (as at 14 Dec 2009).

The current exit price of the Optimum Personal Super Lazard Global Equities (ex-Aust) managed fund is $0.9181 per unit and the current entry price is $ per unit (as at 14 Dec 2009).

The minimum initial investment amount for the Optimum Personal Super Lazard Global Equities (ex-Aust) 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.