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BlackRock Wholesale Combined Property Income D - Managed Fund (Closed)

Fund Objective
The primary aim is to deliver a combination of income and capital growth over the medium to long-term by investing in a portfolio of direct property and listed property securities. We aim to achieve this objective by outperforming the benchmark asset allocation returns [50% Mercer Unlisted Property Funds Index (before fees and taxes) and 50% S&P/ASX 200 Property Trust Accumulation Index] over rolling five year periods.
Fund Strategy
The investment objective of the Fund is currently pursued by investing in a portfolio of direct property and listed property securities. Exposure to direct property and listed property securities is obtained through related Funds managed by us, the BlackRock Property Trust and the BlackRock Property Securities Fund. The portion of the Fund not invested in direct property or listed property securities will be invested in the money market (ie. cash) through a BlackRock wholesale fund.

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 0.49% 0.68% 5.04% 8.59% 5.72% 5.95% -6.39% -%
Growth return 0.49% -1.66% 0.93% 1.18% -1.02% -0.65% -12.16% -%
Income return 0% 2.34% 4.11% 7.41% 6.74% 6.6% 5.77% -%
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 31 Oct 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BlackRock Wholesale Combined Property Income D
Cash
3.80%
Property & Infrastructure
96.20%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.86%
Property & Infrastructure
93%
Australian Equities
3.72%
International Equities
0.13%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
BlackRock Wholesale Combined Property Income D
Closed
BlackRock Investment Mgmt (AUS) Ltd
MAL0008AU
Unlisted and Direct Property
starstar (as at 28 Feb 2011)
Investment Fund
25 Aug 2003
$76.25 million (as at 31 May 2013)
$0.67933 (as at 28 Jun 2013)
$0.67933 (as at 28 Jun 2013)
Finalised
Offer information
Type Description
MER 0.85% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.78% (as at 30 Jun 2012)
Minimum initial investment $5,000.00

Top 10 holdings (as at 30 Apr 2009)

Holding (as at 30 Apr 2009) Type % of Portfolio
Westfield Group Stock 48.88%
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FAQs about the BlackRock Wholesale Combined Property Income D

The objective of the BlackRock Wholesale Combined Property Income D managed fund is The primary aim is to deliver a combination of income and capital growth over the medium to long-term by investing in a portfolio of direct property and listed property securities. We aim to achieve this objective by outperforming the benchmark asset allocation returns [50% Mercer Unlisted Property Funds Index (before fees and taxes) and 50% S&P/ASX 200 Property Trust Accumulation Index] over rolling five year periods.

The strategy of the BlackRock Wholesale Combined Property Income D managed fund is The investment objective of the Fund is currently pursued by investing in a portfolio of direct property and listed property securities. Exposure to direct property and listed property securities is obtained through related Funds managed by us, the BlackRock Property Trust and the BlackRock Property Securities Fund. The portion of the Fund not invested in direct property or listed property securities will be invested in the money market (ie. cash) through a BlackRock wholesale fund.

The APIR code of the BlackRock Wholesale Combined Property Income D managed fund is MAL0008AU.

BlackRock Wholesale Combined Property Income D’s total return last month was 0.49%. This was made up of a growth return of 0.49% and an income return of 0%. These returns were calculated as at 31 Oct 2012.

BlackRock Wholesale Combined Property Income D’s total return for the last three months was 0.68%. This was made up of a growth return of -1.66% and an income return of 2.34%%. These returns were calculated as at 31 Oct 2012.

BlackRock Wholesale Combined Property Income D’s one-year total return is 8.59%. This was made up of a growth return of 1.18% and an income return of 7.41%. These returns were calculated as at 31 Oct 2012.

BlackRock Wholesale Combined Property Income D’s one-year total return is 5.95%. This was made up of a growth return of -0.65% and an income return of 6.6%. These returns were calculated as at 31 Oct 2012.

The asset allocation of the BlackRock Wholesale Combined Property Income D managed fund is :

Cash
3.80%
Property & Infrastructure
96.20%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BlackRock Wholesale Combined Property Income D managed fund is BlackRock Investment Mgmt (AUS) Ltd.

The BlackRock Wholesale Combined Property Income D managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 May 2013, the size of the BlackRock Wholesale Combined Property Income D managed fund was $76.25 million.

The BlackRock Wholesale Combined Property Income D managed fund has an inception date of 25 Aug 2003.

The current entry price of the BlackRock Wholesale Combined Property Income D managed fund is $0.67933 per unit and the current exit price is $0.67933 per unit (as at 28 Jun 2013).

The current exit price of the BlackRock Wholesale Combined Property Income D managed fund is $0.67933 per unit and the current entry price is $0.67933 per unit (as at 28 Jun 2013).

The minimum initial investment amount for the BlackRock Wholesale Combined Property Income D managed fund is $5,000.

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.