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  5. Centuria Healthcare Direct Medical No. 2 - Managed fund profile

Centuria Healthcare Direct Medical No. 2 - Managed Fund

Fund Objective
The Fund's Investment Objective is to achieve superior risk adjusted returns by acquiring existing medical properties, participating in the development of new medical properties (greenfield or brownfield sites), and actively managing the properties during the Investment Term.
Fund Strategy
The Manager will endeavour to maintain a maximum exposure of 20% of the Fund's equity allocated to development opportunities. The Manager will seek to achieve the Investment Strategy by investing in a portfolio of properties which are diverse by type, tenant, return type (income and development) and location, with long term leases in place, and multiple exit strategies.

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 1.15% 0.97% -% -2.97% 5.25% 15.01% 14.52% -%
Growth return 0.23% -1.77% -7.47% -9.19% -% 8.29% 7.39% -%
Income return 0.92% 2.74% -% 6.22% -% 6.72% 7.13% -%
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 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Centuria Healthcare Direct Medical No. 2
Cash
1.48%
Property
98.52%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.63%
Property
94.14%
Australian Equities
3.85%
International Equities
0.35%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Centuria Healthcare Direct Medical No. 2
Heathley Asset Management Limited
HTH2279AU
Unlisted and Direct Property
Not Rated
Investment Fund
8 Jun 2017
$145.39 million (as at 28 Feb 2021)
n/a
$1.247 (as at 29 Feb 2024)
Closed
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.31% (as at 30 Jun 2020)
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount

FAQs about the Centuria Healthcare Direct Medical No. 2

The objective of the Centuria Healthcare Direct Medical No. 2 managed fund is The Fund's Investment Objective is to achieve superior risk adjusted returns by acquiring existing medical properties, participating in the development of new medical properties (greenfield or brownfield sites), and actively managing the properties during the Investment Term.

The strategy of the Centuria Healthcare Direct Medical No. 2 managed fund is The Manager will endeavour to maintain a maximum exposure of 20% of the Fund's equity allocated to development opportunities. The Manager will seek to achieve the Investment Strategy by investing in a portfolio of properties which are diverse by type, tenant, return type (income and development) and location, with long term leases in place, and multiple exit strategies.

The APIR code of the Centuria Healthcare Direct Medical No. 2 managed fund is HTH2279AU.

Centuria Healthcare Direct Medical No. 2’s total return last month was 1.15%. This was made up of a growth return of 0.23% and an income return of 0.92%. These returns were calculated as at 29 Feb 2024.

Centuria Healthcare Direct Medical No. 2’s total return for the last three months was 0.97%. This was made up of a growth return of -1.77% and an income return of 2.74%%. These returns were calculated as at 29 Feb 2024.

Centuria Healthcare Direct Medical No. 2’s one-year total return is -2.97%. This was made up of a growth return of -9.19% and an income return of 6.22%. These returns were calculated as at 29 Feb 2024.

Centuria Healthcare Direct Medical No. 2’s one-year total return is 15.01%. This was made up of a growth return of 8.29% and an income return of 6.72%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the Centuria Healthcare Direct Medical No. 2 managed fund is :

Cash
1.48%
Property
98.52%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Centuria Healthcare Direct Medical No. 2 managed fund is Heathley Asset Management Limited.

The Centuria Healthcare Direct Medical No. 2 managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 28 Feb 2021, the size of the Centuria Healthcare Direct Medical No. 2 managed fund was $145.39 million.

The Centuria Healthcare Direct Medical No. 2 managed fund has an inception date of 8 Jun 2017.

The current entry price of the Centuria Healthcare Direct Medical No. 2 managed fund is $ per unit and the current exit price is $1.247 per unit (as at 29 Feb 2024).

The current exit price of the Centuria Healthcare Direct Medical No. 2 managed fund is $1.247 per unit and the current entry price is $ per unit (as at 29 Feb 2024).

The minimum initial investment amount for the Centuria Healthcare Direct Medical No. 2 managed fund is $25,000. Minimum additional investment is $5000.

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.