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  5. Alceon Australian Property Fund - Managed fund profile

Alceon Australian Property Fund - Managed Fund

Fund Objective
The objective of the Fund is to provide investors with exposure to a diversified portfolio of listed and unlisted Property Securities, including Listed Infrastructure, that derive a high proportion of earnings from rental or mature/contracted income and have capital growth potential with a medium level of liquidity.
Fund Strategy
The Fund strategy is to combine investments in Listed Assets with positions in Unlisted Assets consisting primarily of unlisted property funds that are either managed by external managers or by Freehold.

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 1.97% 2.35% 8.81% 7.68% 4.49% 8.22% 6.7% -%
Growth return 3.19% 3.58% 8.76% 3.21% -0.51% 3.08% 1.04% -%
Income return -1.22% -1.23% 0.05% 4.47% 5% 5.14% 5.66% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 9.7% 16.75% 36.08% 36.58% 8.42% 11.44% -% 10.52%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Alceon Australian Property Fund
Australian Equities
10.04%
Cash
2.70%
Property
87.26%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
3.78%
Cash
1.64%
Property
94.20%
International Equities
0.35%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Alceon Australian Property Fund
Melbourne Securities Corporation Limited
LAM0044AU
Unlisted and Direct Property
starstarstar (as at 30 Jun 2019)
Investment Fund
3 Feb 2015
$611 million (as at 31 Aug 2022)
$1.2273 (as at 31 Mar 2024)
$1.2211 (as at 31 Mar 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.21% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000.00
Minimum additional investments $2,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Jan 2024)

Holding (as at 31 Jan 2024) Type % of Portfolio
Scentre Group Equity - REIT 8.62%
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FAQs about the Alceon Australian Property Fund

The objective of the Alceon Australian Property Fund managed fund is The objective of the Fund is to provide investors with exposure to a diversified portfolio of listed and unlisted Property Securities, including Listed Infrastructure, that derive a high proportion of earnings from rental or mature/contracted income and have capital growth potential with a medium level of liquidity.

The strategy of the Alceon Australian Property Fund managed fund is The Fund strategy is to combine investments in Listed Assets with positions in Unlisted Assets consisting primarily of unlisted property funds that are either managed by external managers or by Freehold.

The APIR code of the Alceon Australian Property Fund managed fund is LAM0044AU.

Alceon Australian Property Fund’s total return last month was 1.97%. This was made up of a growth return of 3.19% and an income return of -1.22%. These returns were calculated as at 31 Mar 2024.

Alceon Australian Property Fund’s total return for the last three months was 2.35%. This was made up of a growth return of 3.58% and an income return of -1.23%%. These returns were calculated as at 31 Mar 2024.

Alceon Australian Property Fund’s one-year total return is 7.68%. This was made up of a growth return of 3.21% and an income return of 4.47%. These returns were calculated as at 31 Mar 2024.

Alceon Australian Property Fund’s one-year total return is 8.22%. This was made up of a growth return of 3.08% and an income return of 5.14%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Alceon Australian Property Fund managed fund is :

Australian Equities
10.04%
Cash
2.70%
Property
87.26%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Alceon Australian Property Fund managed fund is Melbourne Securities Corporation Limited.

The Alceon Australian Property Fund managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 31 Aug 2022, the size of the Alceon Australian Property Fund managed fund was $611 million.

The Alceon Australian Property Fund managed fund has an inception date of 3 Feb 2015.

The current entry price of the Alceon Australian Property Fund managed fund is $1.2273 per unit and the current exit price is $1.2211 per unit (as at 31 Mar 2024).

The current exit price of the Alceon Australian Property Fund managed fund is $1.2211 per unit and the current entry price is $1.2273 per unit (as at 31 Mar 2024).

The minimum initial investment amount for the Alceon Australian Property Fund managed fund is $10,000. Minimum additional investment is $2000.

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.