Diversified Portfolios - Property - 31 January 2016
The InvestSMART Property Portfolio is currently closely aligned to the benchmark S&P/ASX 300 A-REIT Index and the Portfolio performed in line with the Index during January.
Modest outperformance was derived from the overweight positions in Westfield and its domestic sister company, Scentre Group.
The fund is generally underweight the smaller Real Estate Investment Trusts which lagged the overall index in January.
GROWTH OF $10,000
PEFORMANCE SUMMARY TO 31 JANUARY 2016
Source: Praemium, RBA. Returns are before expenses and fees. Returns are shown as annualised if the period is over 1 year. * Since Inception (SI) date is 30 December 2015.
|PERFORMANCE TO 31 JANUARY 2016||1 MONTH||SI* (P.A.)|
|InvestSMART Property Portfolio||1.01%||1.01%|
|S&P/ASX 300 A-REIT TR Index||0.95%||-0.72%|
|Excess to Benchmark||0.06%||1.73%|
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