Diversified Portfolios - InvestSMART Property - 31 October 2016
InvestSMART Property Portfolio October Report
The InvestSMART Property Portfolio is currently closely aligned to the benchmark S&P/ASX 300 A-REIT Index. After investment fees the portfolio has returned -7.8%during October versus -7.7 for the benchmark and 3.0% since inception versus the benchmark return of 3.5%.
The portfolio holds a concentrated exposure of 11 Australian Real Estate Investment Trusts (REITs) across a range of sectors being retail, office, industrials and diversified REITs. The portfolio is generally underweight the small cap exposures of the REIT index.
GROWTH OF $10,000
PEFORMANCE SUMMARY TO 31 OCTOBER 2016
Source: Praemium, RBA. Returns are after fees and before expenses. Returns are shown as annualised if the period is over 1 year. * Since Inception (SI) date is 30 December 2015.
|PERFORMANCE TO 31 OCTOBER 2016||1 MONTH||3 MONTH||6 MONTH||SI* (P.A.)|
|InvestSMART Property Portfolio||-7.79%||-14.10%||-4.14%||3.04%|
|S&P/ASX 300 A-REIT TR Index||-7.70%||-14.04%||-3.73%||3.49%|
|Excess to Benchmark||-0.09%||-0.05%||-0.41%||-0.45%|
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