InvestSMART

APN Unlisted Property - Managed Fund (Closed)

Fund Objective
APN FM's primary objective for the APN Unlisted Property Fund is to achieve an orderly realisation of the Fund's assets within 5 years of the Fund's commencement, in order to provide investors with progressive liquidity. APN FM's secondary objective for the APN Unlisted Property Fund is to manage the existing investments to achieve consistent income combined with some capital growth.
Fund Strategy
APN FM will also aim to maximise income and growth returns by managing the existing portfolio of assets to the extent that this is consistent with the primary objective to realise the Fund's assets. APN FM as responsible entity of the Fund will not invest in any new unlisted property trusts.

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 0% 6.53% 5.35% 8.11% 12.13% 11.78% -% -%
Growth return 0% -63.96% -64.36% -65.97% -47.73% -41.58% -% -%
Income return 0% 70.49% 69.71% 74.08% 59.86% 53.36% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -3.1% 4.56% 18.9% 4.1% 23.7% 19.85% 11.91% 8.69%
As at 28 Feb 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

APN Unlisted Property
Cash
71.57%
Property & Infrastructure
28.43%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.37%
Property & Infrastructure
93.10%
Australian Equities
4.30%
International Equities
0.22%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
APN Unlisted Property
Closed
APN Funds Management Ltd
APN0016AU
Unlisted and Direct Property
Not Rated
Investment Fund
23 Jul 2012
$21.59 million (as at 28 Feb 2017)
$0.1164 (as at 21 Mar 2017)
$0.1164 (as at 21 Mar 2017)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.08% (as at 30 Sep 2016)
Minimum initial investment
Minimum additional investments

FAQs about the APN Unlisted Property

The objective of the APN Unlisted Property managed fund is APN FM's primary objective for the APN Unlisted Property Fund is to achieve an orderly realisation of the Fund's assets within 5 years of the Fund's commencement, in order to provide investors with progressive liquidity. APN FM's secondary objective for the APN Unlisted Property Fund is to manage the existing investments to achieve consistent income combined with some capital growth.

The strategy of the APN Unlisted Property managed fund is APN FM will also aim to maximise income and growth returns by managing the existing portfolio of assets to the extent that this is consistent with the primary objective to realise the Fund's assets. APN FM as responsible entity of the Fund will not invest in any new unlisted property trusts.

The APIR code of the APN Unlisted Property managed fund is APN0016AU.

APN Unlisted Property’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

APN Unlisted Property’s total return for the last three months was 6.53%. This was made up of a growth return of -63.96% and an income return of 70.49%%. These returns were calculated as at 28 Feb 2017.

APN Unlisted Property’s one-year total return is 8.11%. This was made up of a growth return of -65.97% and an income return of 74.08%. These returns were calculated as at 28 Feb 2017.

APN Unlisted Property’s one-year total return is 11.78%. This was made up of a growth return of -41.58% and an income return of 53.36%. These returns were calculated as at 28 Feb 2017.

The asset allocation of the APN Unlisted Property managed fund is :

Cash
71.57%
Property & Infrastructure
28.43%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the APN Unlisted Property managed fund is APN Funds Management Ltd.

The APN Unlisted Property managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 28 Feb 2017, the size of the APN Unlisted Property managed fund was $21.59 million.

The APN Unlisted Property managed fund has an inception date of 23 Jul 2012.

The current entry price of the APN Unlisted Property managed fund is $0.1164 per unit and the current exit price is $0.1164 per unit (as at 21 Mar 2017).

The current exit price of the APN Unlisted Property managed fund is $0.1164 per unit and the current entry price is $0.1164 per unit (as at 21 Mar 2017).

The minimum initial investment amount for the APN Unlisted Property managed fund is $0. Minimum additional investment is $0.

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.