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  5. Optimum Personal Super - Lazard Australian Equity - Managed fund profile

Optimum Personal Super - Lazard Australian Equity - Managed Fund (Closed)

Fund Objective
The Fund seeks to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) that exceed those of the S&P/ASX 200 Accumulation Index ('the benchmark') by 3% per annum over rolling three-year periods.
Fund Strategy
The investment strategy of the Fund is to provide investors with access to companies listed on the Australian Securities Exchange that Lazard believes are out of favour and trading below their intrinsic value. The number of stocks will generally range from 25 to 45 which mean Lazard makes active investment decisions as to which stocks the Fund holds.

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% 3.85% 12.05% 16.92% 6.68% 8.03% 12.7% 5.18%
Growth return 0.64% 3.85% 12.05% 16.92% 6.68% 8.03% 12.7% 5.18%
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 Apr 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Optimum Personal Super - Lazard Australian Equity
Australian Equities
96.25%
Cash
0.96%
Property
2.78%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.16%
Cash
0.03%
Property
2.10%
International Equities
4.29%
Fixed Interest
0.40%
Alternatives
0.02%

General Information

Fund Details
Type Description
Optimum Personal Super - Lazard Australian Equity
Closed
Suncorp Portfolio Services Limited
RSA0181AU
Equity Australia Large Value
starstarstarstar (as at 30 Apr 2017)
Superannuation Fund
21 Jan 2005
$0.06 million (as at 30 Apr 2017)
$2.4301 (as at 29 May 2017)
$2.4204 (as at 29 May 2017)
Finalised
Offer information
Type Description
Standard entry fee 4.10%
MER 0.90% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 0.90% (as at 30 Jun 2013)
Minimum initial investment $2,000.00
Minimum additional investments

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
BHP Group Ltd Equity 8.38%
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FAQs about the Optimum Personal Super - Lazard Australian Equity

The objective of the Optimum Personal Super - Lazard Australian Equity managed fund is The Fund seeks to achieve total returns (including income and capital appreciation and before the deduction of fees and taxes) that exceed those of the S&P/ASX 200 Accumulation Index ('the benchmark') by 3% per annum over rolling three-year periods.

The strategy of the Optimum Personal Super - Lazard Australian Equity managed fund is The investment strategy of the Fund is to provide investors with access to companies listed on the Australian Securities Exchange that Lazard believes are out of favour and trading below their intrinsic value. The number of stocks will generally range from 25 to 45 which mean Lazard makes active investment decisions as to which stocks the Fund holds.

The APIR code of the Optimum Personal Super - Lazard Australian Equity managed fund is RSA0181AU.

Optimum Personal Super - Lazard Australian Equity’s total return last month was 0.64%. This was made up of a growth return of 0.64% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Lazard Australian Equity’s total return for the last three months was 3.85%. This was made up of a growth return of 3.85% and an income return of 0%%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Lazard Australian Equity’s one-year total return is 16.92%. This was made up of a growth return of 16.92% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

Optimum Personal Super - Lazard Australian Equity’s one-year total return is 8.03%. This was made up of a growth return of 8.03% and an income return of 0%. These returns were calculated as at 30 Apr 2017.

The asset allocation of the Optimum Personal Super - Lazard Australian Equity managed fund is :

Australian Equities
96.25%
Cash
0.96%
Property
2.78%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Optimum Personal Super - Lazard Australian Equity managed fund is Suncorp Portfolio Services Limited.

The Optimum Personal Super - Lazard Australian Equity managed fund belongs to the Equity Australia Large Value sector/asset class.

As at 30 Apr 2017, the size of the Optimum Personal Super - Lazard Australian Equity managed fund was $0.06 million.

The Optimum Personal Super - Lazard Australian Equity managed fund has an inception date of 21 Jan 2005.

The current entry price of the Optimum Personal Super - Lazard Australian Equity managed fund is $2.4301 per unit and the current exit price is $2.4204 per unit (as at 29 May 2017).

The current exit price of the Optimum Personal Super - Lazard Australian Equity managed fund is $2.4204 per unit and the current entry price is $2.4301 per unit (as at 29 May 2017).

The minimum initial investment amount for the Optimum Personal Super - Lazard Australian Equity managed fund is $2,000. 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.