InvestSMART

Essential Services Trust No.19 - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is: to build a portfolio of investment properties with a total purchase price of up to $350 million, geared to an LVR of not more than 55% (excluding temporary financing - see 2.9 Temporary financing), to produce adequate funds from operations to sustain the forecast distributions, and to hold the portfolio for a minimum of seven years from the date on the front cover of this PDS.
Fund Strategy
The Responsible Entity intends to hold the Properties as longterm investments. The strategy is to hold the Properties without adding any significant value through development activity. Some real estate assets may be acquired under a Fund-through Arrangement and these assets will be held as investments of the Fund from completion.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.05% 0.15% 0.26% 14.28% -% -% -% -%
Growth return 0.05% 0.05% 0% 13.56% -% -% -% -%
Income return 0% 0.1% 0.26% 0.72% -% -% -% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 8.59% -7% -11.26% -0.2% 4.33% 9.19% 6.18% 5.88%
As at 30 Jun 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Property & Infrastructure
92.72%
Australian Equities
3.69%
International Equities
0.13%
Cash
2.16%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Essential Services Trust No.19
Closed
FWN5294AU
Unlisted and Direct Property
Not Rated
Investment Fund
28 Sep 2021
n/a
$1.01 (as at 30 Jun 2023)
$1.01 (as at 30 Jun 2023)
Suppressed
Offer information
Type Description
Minimum initial investment $20,000
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Essential Services Trust No.19

The objective of the Essential Services Trust No.19 managed fund is The investment objective of the Fund is: to build a portfolio of investment properties with a total purchase price of up to $350 million, geared to an LVR of not more than 55% (excluding temporary financing - see 2.9 Temporary financing), to produce adequate funds from operations to sustain the forecast distributions, and to hold the portfolio for a minimum of seven years from the date on the front cover of this PDS.

The strategy of the Essential Services Trust No.19 managed fund is The Responsible Entity intends to hold the Properties as longterm investments. The strategy is to hold the Properties without adding any significant value through development activity. Some real estate assets may be acquired under a Fund-through Arrangement and these assets will be held as investments of the Fund from completion.

The APIR code of the Essential Services Trust No.19 managed fund is FWN5294AU.

Essential Services Trust No.19’s total return last month was 0.05%. This was made up of a growth return of 0.05% and an income return of 0%. These returns were calculated as at 30 Jun 2023.

Essential Services Trust No.19’s total return for the last three months was 0.15%. This was made up of a growth return of 0.05% and an income return of 0.1%%. These returns were calculated as at 30 Jun 2023.

Essential Services Trust No.19’s one-year total return is 14.28%. This was made up of a growth return of 13.56% and an income return of 0.72%. These returns were calculated as at 30 Jun 2023.

Essential Services Trust No.19’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2023.

The asset allocation of the Essential Services Trust No.19 managed fund is :

Property & Infrastructure
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%
Alternatives
0%

The Essential Services Trust No.19 managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at , the size of the Essential Services Trust No.19 managed fund was $ million.

The Essential Services Trust No.19 managed fund has an inception date of 28 Sep 2021.

The current entry price of the Essential Services Trust No.19 managed fund is $1.01 per unit and the current exit price is $1.01 per unit (as at 30 Jun 2023).

The current exit price of the Essential Services Trust No.19 managed fund is $1.01 per unit and the current entry price is $1.01 per unit (as at 30 Jun 2023).

The minimum initial investment amount for the Essential Services Trust No.19 managed fund is $20,000.

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.