APN AREIT

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General Information

APN AREIT
APN Funds Management Limited
APN0008AU
Equity Australia Real Estate
(as at 31 Jan 2012)
Silver
Managed Funds
19 Jan 2009
$665.64 million (as at 31 Jul 2014)
$1.4921 (as at 28 Aug 2014)
$1.4846 (as at 28 Aug 2014)

Fund performance (31 Jul 2014) NOTE : returns for periods greater than 1 year are annualised

  1 Month
%
3 Month
%
6 Month
%
1 Year
% p.a.
2 Year
% p.a.
3 Year
% p.a.
5 Year
% p.a.
10 Year
% p.a.
Total return 4.39 7.76 15.82 17.64 17.41 19.26 16.23 -
Growth return 3.77 5.8 11.55 8.97 8.64 9.83 6.81 -
Income return 0.62 1.96 4.27 8.67 8.77 9.43 9.42 -

Morningstar index (Mstar PG ITr Equity Aus Real Estate Idx)

Total return 4.47 7.89 16.24 16.6 16.12 18.42 13.8 1.99

Market index (S&P/ASX 200 A-REIT TR)

Total return 5 8.56 17.81 17.54 17.1 19.86 14.89 2.55

Asset allocation (31 Jul 2014)

Domestic Shares 0%
International Shares 0%
Cash 3.34%
Listed Property 96.66%
Direct Property 0%
Domestic Fixed Interest 0%
International Fixed Interest 0%
Mortgage 0%
Other 0%

Objectives and Strategy

The Fund aims to have a gross annual income yield (before management fees and expenses) that equates to at least 110% of the average yield of the S&P/ASX 200 AREIT Dividend Yield series.
The Fund will invest in AREITs and cash/fixed interest. The Fund will not invest in direct property. The managers will continually review and, if appropriate, reweight the Fund's investments with the objective of optimising the Fund's distributable income.

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Offer information

Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2012)
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Jul 2014)

Holding Type % of Portfolio
Scentre Group Equity 22.58%
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Morningstar The data is provided by Morningstar. For further information on managed funds, including Research Reports, please visit www.morningstar.com.au

© Copyright Morningstar Australasia Pty Ltd 2009 ABN 95 090 665 544 (Morningstar), AFSL 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

Further managed funds data is provided by Standard & Poor's Information Services and is subject to the following disclaimers.

* Dates for historical returns vary from fund to fund