Aspen Diversified Property - Managed Fund (Closed)

Fund Objective

The new principal objective of the Fund is to protect and grow Unitholders' equity while managing the assets of the Fund to provide Unitholders with regular, tax-advantaged income distributions.

Fund Strategy

The Fund's strategy and ability to achieve this objective depends on the outcome of the Offer.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	2.18%	37.58%	2.93%	-26.87%	-15.63%	-9.59%	-44.69%	-%
Growth return	2.18%	37.58%	2.93%	-28.16%	-19.64%	-14.6%	-47.83%	-%
Income return	0%	0%	0%	1.29%	4.01%	5.01%	3.14%	-%
Market index (S&P/ASX 200 A-REIT TR)
Total return	2.97%	-0.73%	-4.96%	-2.15%	4.86%	10.92%	6.45%	5.92%

As at 30 Apr 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Aspen Diversified Property

Property & Infrastructure: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Property & Infrastructure: 93.02%

Australian Equities: 3.73%

International Equities: 0.13%

Cash: 1.83%

Fixed Interest: 0%

Alternatives: 1.29%

General Information

Fund Details

Type	Description
Fund Name	Aspen Diversified Property
Fund Status	Closed
Responsible Entity	Aspen Funds Management Ltd
APIR Code	APZ0002AU
Sector/Asset Class	Unlisted and Direct Property
Morningstar Rating	(as at 31 Aug 2009)
Legal Structure	Investment Fund
Fund Inception	1 Jul 2005
Fund Size	$2.55 million (as at 31 Mar 2013)
Entry Price	n/a
Exit Price	$1E-05 (as at 31 May 2013)
Fund Status	Finalised

Offer information

Type	Description
Indirect Cost Ratio (ICR)	0.28% (as at 30 Jun 2014)
Minimum initial investment	$10,000.00

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FAQs about the Aspen Diversified Property

What is the objective of the Aspen Diversified Property managed fund?

The objective of the Aspen Diversified Property managed fund is The new principal objective of the Fund is to protect and grow Unitholders' equity while managing the assets of the Fund to provide Unitholders with regular, tax-advantaged income distributions.

What is the strategy for the Aspen Diversified Property managed fund?

The strategy of the Aspen Diversified Property managed fund is The Fund's strategy and ability to achieve this objective depends on the outcome of the Offer.

What is the APIR code of the Aspen Diversified Property managed fund?

The APIR code of the Aspen Diversified Property managed fund is APZ0002AU.

What was Aspen Diversified Property’s total return last month?

Aspen Diversified Property’s total return last month was 2.18%. This was made up of a growth return of 2.18% and an income return of 0%. These returns were calculated as at 30 Apr 2013.

What was Aspen Diversified Property’s total return for the last three months?

Aspen Diversified Property’s total return for the last three months was 37.58%. This was made up of a growth return of 37.58% and an income return of 0%%. These returns were calculated as at 30 Apr 2013.

What is Aspen Diversified Property’s one-year total return?

Aspen Diversified Property’s one-year total return is -26.87%. This was made up of a growth return of -28.16% and an income return of 1.29%. These returns were calculated as at 30 Apr 2013.

What is Aspen Diversified Property’s three-year total return?

Aspen Diversified Property’s one-year total return is -9.59%. This was made up of a growth return of -14.6% and an income return of 5.01%. These returns were calculated as at 30 Apr 2013.

What is the asset allocation of the Aspen Diversified Property managed fund?

The asset allocation of the Aspen Diversified Property managed fund is :

Property & Infrastructure: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Aspen Diversified Property managed fund?

The Responsible Entity for the Aspen Diversified Property managed fund is Aspen Funds Management Ltd.

What sector/asset class does the Aspen Diversified Property managed fund belong to?

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

What is the size of the Aspen Diversified Property managed fund?

As at 31 Mar 2013, the size of the Aspen Diversified Property managed fund was $2.55 million.

What is the inception date of the Aspen Diversified Property managed fund?

The Aspen Diversified Property managed fund has an inception date of 1 Jul 2005.

What is the current entry price of the Aspen Diversified Property managed fund?

The current entry price of the Aspen Diversified Property managed fund is $ per unit and the current exit price is $1E-05 per unit (as at 31 May 2013).

What is the current exit price of the Aspen Diversified Property managed fund?

The current exit price of the Aspen Diversified Property managed fund is $1E-05 per unit and the current entry price is $ per unit (as at 31 May 2013).

What is the minimum investment amount for the Aspen Diversified Property managed fund?

The minimum initial investment amount for the Aspen Diversified Property managed fund is $10,000.

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.

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