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  5. AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share - Managed fund profile

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share - Managed Fund (Closed)

Fund Objective
To invest in a high conviction portfolio of Australian shares that aims to outperform the benchmark by 4% p.a. (before fees) over a rolling three-year period.
Fund Strategy
DNR Capital seeks to identify good quality businesses that are mispriced by overlaying DNR Capital's quality filter with a strong valuation discipline. DNR Capital's security selection process has a strong bottom up discipline and focuses on buying quality businesses at reasonable prices. The portfolio construction process is influenced by a top-down economic appraisal and also considers the risk characteristics of the portfolio such as security and sector correlations.

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 -0.01% 3.55% 12.64% 40.92% 12.55% 10.95% 10.86% 10.25%
Growth return -0.01% 3.55% 12.64% 40.92% 12.55% 10.95% 10.86% 10.25%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 30 Sep 2021. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share
Australian Equities
90.26%
Cash
3.35%
Property
6.39%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.36%
Cash
-0.08%
Property
2.11%
International Equities
4.21%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share
Closed
AMP1203AU
Equity Australia Large Value
starstarstar (as at 30 Sep 2021)
Allocated Pension
13 Sep 2008
$9.47 million (as at 30 Sep 2021)
$2.89868 (as at 30 Sep 2021)
$2.89868 (as at 30 Sep 2021)
Finalised
Offer information
Type Description
Standard entry fee 4.50%
MER 2.54% (as at 7 May 2021)
Indirect Cost Ratio (ICR) 2.54% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $20,000
Minimum additional investments $1,500.00
Minimum redemption amount

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024) Type % of Portfolio
CSL Ltd Equity 10.74%
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FAQs about the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share

The objective of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is To invest in a high conviction portfolio of Australian shares that aims to outperform the benchmark by 4% p.a. (before fees) over a rolling three-year period.

The strategy of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is DNR Capital seeks to identify good quality businesses that are mispriced by overlaying DNR Capital's quality filter with a strong valuation discipline. DNR Capital's security selection process has a strong bottom up discipline and focuses on buying quality businesses at reasonable prices. The portfolio construction process is influenced by a top-down economic appraisal and also considers the risk characteristics of the portfolio such as security and sector correlations.

The APIR code of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is AMP1203AU.

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share’s total return last month was -0.01%. This was made up of a growth return of -0.01% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share’s total return for the last three months was 3.55%. This was made up of a growth return of 3.55% and an income return of 0%%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share’s one-year total return is 40.92%. This was made up of a growth return of 40.92% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share’s one-year total return is 10.95%. This was made up of a growth return of 10.95% and an income return of 0%. These returns were calculated as at 30 Sep 2021.

The asset allocation of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is :

Australian Equities
90.26%
Cash
3.35%
Property
6.39%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Sep 2021, the size of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund was $9.47 million.

The AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund has an inception date of 13 Sep 2008.

The current entry price of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is $2.89868 per unit and the current exit price is $2.89868 per unit (as at 30 Sep 2021).

The current exit price of the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is $2.89868 per unit and the current entry price is $2.89868 per unit (as at 30 Sep 2021).

The minimum initial investment amount for the AMP - Flexible Lifetime Allocated Pension - DNR High Conviction Australian Share managed fund is $20,000. Minimum additional investment is $1500.

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.