InvestSMART

Dexus Property for Income - Managed Fund

Fund Objective
The Fund's investment objective is to provide investors with consistent income (paid monthly) and some capital growth by primarily investing in a diversified portfolio of AREITs and UPTs.
Fund Strategy
The Fund primarily invests in AREITs. The Fund may also invest in cash and fixed interest investments, UPTs and debt securities. The Fund does not invest in direct property. The RE continually reviews and, if appropriate, reweights the Fund's investments within its asset allocation parameters with the objective of optimising the Fund's distributable income and delivering lower risk than the S&P/ASX 200 AREIT Index

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 0.21% -0.07% 14.94% 13.57% 3.61% 3.4% 2.28% 6.93%
Growth return 0.21% -0.88% 12.57% 8.13% -1.57% -1.57% -2.78% 1.35%
Income return 0% 0.81% 2.37% 5.44% 5.18% 4.97% 5.06% 5.58%
Market index (S&P/ASX 200 A-REIT TR)
Total return -3.1% 4.56% 18.9% 4.1% 23.7% 19.85% 11.91% 8.69%
As at 31 May 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Dexus Property for Income
Cash
8.63%
Property & Infrastructure
91.37%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.84%
Property & Infrastructure
93.67%
Australian Equities
4.26%
International Equities
0.23%
Fixed Interest
0.01%
Alternatives
0%

General Information

Fund Details
Type Description
Dexus Property for Income
APN0001AU
Equity Australia Real Estate
starstar (as at 31 May 2024)
Investment Fund
7 Jul 1998
$49.42 million (as at 31 May 2024)
$2.1217 (as at 14 Jun 2024)
$2.1152 (as at 14 Jun 2024)
Finalised
Offer information
Type Description
MER 1.05% (as at 15 Dec 2023)
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $1,000.00
Minimum additional investments $500.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024) Type % of Portfolio
Goodman Group Equity 21.94%
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FAQs about the Dexus Property for Income

The objective of the Dexus Property for Income managed fund is The Fund's investment objective is to provide investors with consistent income (paid monthly) and some capital growth by primarily investing in a diversified portfolio of AREITs and UPTs.

The strategy of the Dexus Property for Income managed fund is The Fund primarily invests in AREITs. The Fund may also invest in cash and fixed interest investments, UPTs and debt securities. The Fund does not invest in direct property. The RE continually reviews and, if appropriate, reweights the Fund's investments within its asset allocation parameters with the objective of optimising the Fund's distributable income and delivering lower risk than the S&P/ASX 200 AREIT Index

The APIR code of the Dexus Property for Income managed fund is APN0001AU.

Dexus Property for Income’s total return last month was 0.21%. This was made up of a growth return of 0.21% and an income return of 0%. These returns were calculated as at 31 May 2024.

Dexus Property for Income’s total return for the last three months was -0.07%. This was made up of a growth return of -0.88% and an income return of 0.81%%. These returns were calculated as at 31 May 2024.

Dexus Property for Income’s one-year total return is 13.57%. This was made up of a growth return of 8.13% and an income return of 5.44%. These returns were calculated as at 31 May 2024.

Dexus Property for Income’s one-year total return is 3.4%. This was made up of a growth return of -1.57% and an income return of 4.97%. These returns were calculated as at 31 May 2024.

The asset allocation of the Dexus Property for Income managed fund is :

Cash
8.63%
Property & Infrastructure
91.37%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Dexus Property for Income managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 May 2024, the size of the Dexus Property for Income managed fund was $49.42 million.

The Dexus Property for Income managed fund has an inception date of 7 Jul 1998.

The current entry price of the Dexus Property for Income managed fund is $2.1217 per unit and the current exit price is $2.1152 per unit (as at 14 Jun 2024).

The current exit price of the Dexus Property for Income managed fund is $2.1152 per unit and the current entry price is $2.1217 per unit (as at 14 Jun 2024).

The minimum initial investment amount for the Dexus Property for Income managed fund is $1,000. Minimum additional investment is $500.

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.