InvestSMART

Australian Unity - Real Estate Securities - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the S&P/ASX300 AREIT Index ('index') total return by 1.50% per annum (before management costs), over rolling three year periods (the 'Primary Objective'). In addition to the Primary Objective, the Fund aims to outperform the distribution yield of the Index (before management costs) over a rolling 12 month period.
Fund Strategy
The Fund employs an active, bottom-up investment style with a top down overlay. This means investment decisions are made independent of Index composition but within active risk limits. The Fund's investment strategy seeks to identify value through fundamental analysis and also recognises growth is a key determinant in the assessment of value.

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 -0.17% 6.35% 9.02% -24.91% -4.95% -1.12% -% -%
Growth return -0.17% 5.85% 8.52% -26.85% -10.67% -7.2% -% -%
Income return 0% 0.5% 0.5% 1.94% 5.72% 6.08% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return -11.21% -16.63% -17.8% -2.26% -3.86% 8.08% 5.05% 5.31%
As at 31 Oct 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Unity - Real Estate Securities
Cash
3.70%
Property & Infrastructure
96.30%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.08%
Property & Infrastructure
92.57%
Australian Equities
3.72%
International Equities
0.33%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Australian Unity - Real Estate Securities
Closed
Australian Unity Funds Management Ltd
AUS9185AU
Equity Australia Real Estate
starstar (as at 31 Oct 2020)
Investment Fund
4 Jul 2017
$11.14 million (as at 31 Oct 2020)
$1.0738 (as at 13 Nov 2020)
$1.0695 (as at 13 Nov 2020)
Finalised
Offer information
Type Description
MER 0.83% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR) 0.82% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments $100,000
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FAQs about the Australian Unity - Real Estate Securities

The objective of the Australian Unity - Real Estate Securities managed fund is The Fund aims to outperform the S&P/ASX300 AREIT Index ('index') total return by 1.50% per annum (before management costs), over rolling three year periods (the 'Primary Objective'). In addition to the Primary Objective, the Fund aims to outperform the distribution yield of the Index (before management costs) over a rolling 12 month period.

The strategy of the Australian Unity - Real Estate Securities managed fund is The Fund employs an active, bottom-up investment style with a top down overlay. This means investment decisions are made independent of Index composition but within active risk limits. The Fund's investment strategy seeks to identify value through fundamental analysis and also recognises growth is a key determinant in the assessment of value.

The APIR code of the Australian Unity - Real Estate Securities managed fund is AUS9185AU.

Australian Unity - Real Estate Securities’s total return last month was -0.17%. This was made up of a growth return of -0.17% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Australian Unity - Real Estate Securities’s total return for the last three months was 6.35%. This was made up of a growth return of 5.85% and an income return of 0.5%%. These returns were calculated as at 31 Oct 2020.

Australian Unity - Real Estate Securities’s one-year total return is -24.91%. This was made up of a growth return of -26.85% and an income return of 1.94%. These returns were calculated as at 31 Oct 2020.

Australian Unity - Real Estate Securities’s one-year total return is -1.12%. This was made up of a growth return of -7.2% and an income return of 6.08%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Australian Unity - Real Estate Securities managed fund is :

Cash
3.70%
Property & Infrastructure
96.30%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Australian Unity - Real Estate Securities managed fund is Australian Unity Funds Management Ltd.

The Australian Unity - Real Estate Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Oct 2020, the size of the Australian Unity - Real Estate Securities managed fund was $11.14 million.

The Australian Unity - Real Estate Securities managed fund has an inception date of 4 Jul 2017.

The current entry price of the Australian Unity - Real Estate Securities managed fund is $1.0738 per unit and the current exit price is $1.0695 per unit (as at 13 Nov 2020).

The current exit price of the Australian Unity - Real Estate Securities managed fund is $1.0695 per unit and the current entry price is $1.0738 per unit (as at 13 Nov 2020).

The minimum initial investment amount for the Australian Unity - Real Estate Securities managed fund is $500,000. Minimum additional investment is $100000.

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.