General Information

APN Unlisted Property
APN Funds Management Ltd
APN0016AU
Unlisted and Direct Property
Not Rated
n/a
Not Rated
Managed Funds
23 Jul 2012
$21.83 million (as at 30 Dec 2016)
$0.1162 (as at 16 Jan 2017)
$0.1162 (as at 16 Jan 2017)

Fund performance (31 Dec 2016)

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 7.72 6.21 6.99 15.15 14.66 11.92 - -
Growth return -63.55 -64.07 -63.8 -63.76 -46.55 -46.78 - -
Income return 71.27 70.28 70.79 78.91 61.21 58.7 - -

Morningstar index (Mstar PG ITr Unlstd and Dir Prop Idx)

Total return 1.45 2.35 4.02 9.98 11.64 10.58 9.67 3.42

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

Total return 6.81 -0.75 -2.68 13.16 13.74 18.01 18.54 0.44

Asset Allocation (31 Dec 2016)

Australian Equities 0%
International Equities 0%
Cash 4.66%
Property 95.34%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

Objectives and Strategy

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.
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.

Offer information

Indirect Cost Ratio (ICR) 1.08% (as at 30 Sep 2016)
Minimum initial investment
Minimum additional investments

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* Dates for historical returns vary from fund to fund