Generation MLC Property Securities - Managed Fund

Your data is being crunched

Fund Performance Comparison

This fund is benchmarked against the {{ }} index.

This fund's fees are: {{ mer | percentage:2 }}

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

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

{{ }} Average
Benchmark* Peers Fees InvestSMART's Fees
{{ fund.fees | percentage:2 }} N/A {{ fund.benchmark.peers.mer | percentage:2 }} {{ fund.model.mer | percentage:2 }}

* 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 May 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 1.63 4.73 -0.28 2.41 1.93 4.62 7.31 4.16
Growth return 1.63 4.73 -0.28 2.41 1.93 4.62 7.31 4.16
Income return 0 0 0 0 0 0 0 0

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 May 2018)

Australian Equities 11.15%
International Equities 0%
Cash 6.42%
Property 82.43%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Generation MLC Property Securities
Austock Life Limited
Equity Australia Real Estate
starstarstarstar (as at 31 May 2018)
Investment Fund
13 Aug 2004
$6.7 million (as at 31 May 2018)
$1.6337 (as at 19 Jun 2018)
$1.6288 (as at 19 Jun 2018)

Objectives and Strategy

The Fund is designed to be a complete portfolio for the Australian property securities asset class, and aims to deliver growth by using investment managers that invest and diversify across many listed Real Estate Investment Trusts and companies within that asset class.
The fund invests primarily in Australian property securities, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It doesn't normally invest in direct property, but may have some exposure to property securities listed outside of Australia from time to time.

Offer information

Standard entry fee 4%
Indirect Cost Ratio (ICR) 1.32% (as at 30 Jun 2017)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

Top 10 holdings (as at 28 Feb 2018)

Holding Type % of Portfolio
Scentre Group Equity 20.70%
Login now to view the complete list of holdings.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. 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.