91 Phillip Street Fund - Managed Fund

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Fund Performance Comparison

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Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 Mar 2018)

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 0.06 2.83 4.57 50.11 32.64 - - -
Growth return 0.06 2.83 2.99 42.59 23.89 - - -
Income return 0 0 1.58 7.52 8.75 - - -

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

Total return 3.07 7.75 1.03 5.29 3.62 7.38 11.34 4.55

Asset Allocation (31 Mar 2018)

Australian Equities 0%
International Equities 0%
Cash 3%
Property 97%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

91 Phillip Street Fund
One Managed Investment Funds Limited
Unlisted and Direct Property
Not Rated
Investment Fund
15 Sep 2015
$22.33 million (as at 31 May 2018)
$1.3624 (as at 31 May 2018)
$1.3624 (as at 31 May 2018)

Objectives and Strategy

The Fund's objective is to do the following: Provide Investors with a regular and stable income return underpinned by rental income from a mix of tenants. Provide Investors with the potential for capital growth upon disposal of the Property. Provide a fixed term investment with a clearly defined exit strategy.
The Fund's investment strategy is to do the following: Maintain the Property's rental income. Capture improving Parramatta rental growth. Maintain and enhance the leasing profile of the Property through the implementation of a proactive leasing strategy. Provide Investors with potential growth through the conversion of excess ground floor car spaces into additional lettable area. Implement a capital works program to ensure the Property remains a high quality office building capable of attracting and retaining high quality tenants.

Offer information

Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount

Top 10 holdings (as at 31 May 2018)

Holding Type % of Portfolio
Property Property 100%

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Data shown on this website is sourced by Morningstar
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