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  5. Centro Direct Property International - Managed fund profile

Centro Direct Property International - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to provide investors with attractive tax advantaged income and capital returns from the direct international property market, predominantly through ownership of Centro MCS international direct retail property syndicates.
Fund Strategy
The Fund will invest substantially in the direct international retail property sector. Up to 30% of the Fund can be invested in liquid securities including cash and listed property trusts.

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 0.78% -0.48% -5.06% -4.02% -25.18% -38.47% -26.68% -%
Growth return 0.78% -0.48% -5.06% -10.07% -29.82% -41.71% -30.67% -%
Income return 0% 0% 0% 6.05% 4.64% 3.24% 3.99% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 1.82% 13.72% 5.96% 13.97% 19.19% 15.37% 12.42% 8.32%
As at 31 Jul 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Centro Direct Property International
Cash
99.62%
Alternatives
0.38%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
Cash
1.92%
Alternatives
0.05%
Australian Equities
15.23%
International Equities
0.63%
Property & Infrastructure
81.94%
Fixed Interest
0.23%

General Information

Fund Details
Type Description
Centro Direct Property International
Closed
Centro MCS Manager Limited
MCS0001AU
Unlisted and Direct Property
star (as at 28 Feb 2011)
Investment Fund
15 Aug 2005
$10.39 million (as at 31 May 2012)
n/a
$0.0058 (as at 19 Jun 2012)
Finalised
Offer information
Type Description
MER 0.45% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.49% (as at 30 Jun 2011)
Minimum initial investment $25,000

FAQs about the Centro Direct Property International

The objective of the Centro Direct Property International managed fund is The objective of the Fund is to provide investors with attractive tax advantaged income and capital returns from the direct international property market, predominantly through ownership of Centro MCS international direct retail property syndicates.

The strategy of the Centro Direct Property International managed fund is The Fund will invest substantially in the direct international retail property sector. Up to 30% of the Fund can be invested in liquid securities including cash and listed property trusts.

The APIR code of the Centro Direct Property International managed fund is MCS0001AU.

Centro Direct Property International’s total return last month was 0.78%. This was made up of a growth return of 0.78% and an income return of 0%. These returns were calculated as at 31 Jul 2011.

Centro Direct Property International’s total return for the last three months was -0.48%. This was made up of a growth return of -0.48% and an income return of 0%%. These returns were calculated as at 31 Jul 2011.

Centro Direct Property International’s one-year total return is -4.02%. This was made up of a growth return of -10.07% and an income return of 6.05%. These returns were calculated as at 31 Jul 2011.

Centro Direct Property International’s one-year total return is -38.47%. This was made up of a growth return of -41.71% and an income return of 3.24%. These returns were calculated as at 31 Jul 2011.

The asset allocation of the Centro Direct Property International managed fund is :

Cash
99.62%
Alternatives
0.38%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Centro Direct Property International managed fund is Centro MCS Manager Limited.

The Centro Direct Property International managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 May 2012, the size of the Centro Direct Property International managed fund was $10.39 million.

The Centro Direct Property International managed fund has an inception date of 15 Aug 2005.

The current entry price of the Centro Direct Property International managed fund is $ per unit and the current exit price is $0.0058 per unit (as at 19 Jun 2012).

The current exit price of the Centro Direct Property International managed fund is $0.0058 per unit and the current entry price is $ per unit (as at 19 Jun 2012).

The minimum initial investment amount for the Centro Direct Property International managed fund is $25,000.

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.