InvestSMART

Advance Global Property Wholesale - Managed Fund (Closed)

Fund Objective
To provide long term capital growth with income by investing in property securities.
Fund Strategy
The Fund is for investors seeking a diverse offering in property securities than is available by investing in Australian listed property securities. The Fund aims to provide investors with a total investment return (before fees and taxes) that outperforms the FTSE EPRA NAREIT Global Real Estate Index (AUD total return) hedged over a period of 5 years or longer.

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 2.11% 4.01% 8.22% 12.35% 11.31% 8.45% 9.08% 12.13%
Growth return 2.11% -0.76% 3.26% 7.2% 6.32% 1.5% 1.87% 6.46%
Income return 0% 4.77% 4.96% 5.15% 4.99% 6.95% 7.21% 5.67%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 31 Aug 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Advance Global Property Wholesale
Cash
0.98%
Property & Infrastructure
99.02%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.52%
Property & Infrastructure
83.73%
Australian Equities
0.39%
International Equities
13.31%
Fixed Interest
0.05%
Alternatives
0.01%

General Information

Fund Details
Type Description
Advance Global Property Wholesale
Closed
Advance Asset Management Limited
ADV0135AU
Equity Global Real Estate
starstarstar (as at 31 Aug 2019)
Investment Fund
26 Sep 2007
$667.17 million (as at 30 Sep 2019)
$0.9311 (as at 26 Sep 2019)
$0.9311 (as at 26 Sep 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.95% (as at 30 Jun 2018)
Minimum initial investment $10,000.00
Minimum additional investments $10,000.00
Minimum redemption amount

Top 10 holdings (as at 31 Dec 2010)

Holding (as at 31 Dec 2010) Type % of Portfolio
Sun Hung Kai Properties Ltd Equity 4.47%
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FAQs about the Advance Global Property Wholesale

The objective of the Advance Global Property Wholesale managed fund is To provide long term capital growth with income by investing in property securities.

The strategy of the Advance Global Property Wholesale managed fund is The Fund is for investors seeking a diverse offering in property securities than is available by investing in Australian listed property securities. The Fund aims to provide investors with a total investment return (before fees and taxes) that outperforms the FTSE EPRA NAREIT Global Real Estate Index (AUD total return) hedged over a period of 5 years or longer.

The APIR code of the Advance Global Property Wholesale managed fund is ADV0135AU.

Advance Global Property Wholesale’s total return last month was 2.11%. This was made up of a growth return of 2.11% and an income return of 0%. These returns were calculated as at 31 Aug 2019.

Advance Global Property Wholesale’s total return for the last three months was 4.01%. This was made up of a growth return of -0.76% and an income return of 4.77%%. These returns were calculated as at 31 Aug 2019.

Advance Global Property Wholesale’s one-year total return is 12.35%. This was made up of a growth return of 7.2% and an income return of 5.15%. These returns were calculated as at 31 Aug 2019.

Advance Global Property Wholesale’s one-year total return is 8.45%. This was made up of a growth return of 1.5% and an income return of 6.95%. These returns were calculated as at 31 Aug 2019.

The asset allocation of the Advance Global Property Wholesale managed fund is :

Cash
0.98%
Property & Infrastructure
99.02%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Advance Global Property Wholesale managed fund is Advance Asset Management Limited.

The Advance Global Property Wholesale managed fund belongs to the Equity Global Real Estate sector/asset class.

As at 30 Sep 2019, the size of the Advance Global Property Wholesale managed fund was $667.17 million.

The Advance Global Property Wholesale managed fund has an inception date of 26 Sep 2007.

The current entry price of the Advance Global Property Wholesale managed fund is $0.9311 per unit and the current exit price is $0.9311 per unit (as at 26 Sep 2019).

The current exit price of the Advance Global Property Wholesale managed fund is $0.9311 per unit and the current entry price is $0.9311 per unit (as at 26 Sep 2019).

The minimum initial investment amount for the Advance Global Property Wholesale managed fund is $10,000. Minimum additional investment is $10000.

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.