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  5. Heine Industrial Property - Ordinary Units - Managed fund profile

Heine Industrial Property - Ordinary Units - Managed Fund (Closed)

Fund Objective
To be 75%-85% invested in income producing property for the next 6 mths. The Manager believes that prime property well selected tenanted and managed provides the best prospects for long term growth in income and value.
Fund Strategy
Invest in well located commercial, industrial and retail properties in the eastern capital cities with financially strong tenants on long-term leases.

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 1.52% 10.48% 30.46% 34.58% 21.54% 17.1% 4.47% -%
Growth return 1.52% 8.06% 24.07% 21.82% 10.37% 6.8% -4.21% -%
Income return 0% 2.42% 6.39% 12.76% 11.17% 10.3% 8.68% -%
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 30 Nov 1996. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
3.78%
International Equities
0.35%
Cash
1.64%
Property
94.20%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Heine Industrial Property - Ordinary Units
Closed
ING Management Limited
Equity Australia Real Estate
Not Rated
Investment Fund
6 Mar 1989
$278.63 million (as at 31 Oct 1996)
n/a
$0.68 (as at 20 Dec 1996)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00

FAQs about the Heine Industrial Property - Ordinary Units

The objective of the Heine Industrial Property - Ordinary Units managed fund is To be 75%-85% invested in income producing property for the next 6 mths. The Manager believes that prime property well selected tenanted and managed provides the best prospects for long term growth in income and value.

The strategy of the Heine Industrial Property - Ordinary Units managed fund is Invest in well located commercial, industrial and retail properties in the eastern capital cities with financially strong tenants on long-term leases.

The APIR code of the Heine Industrial Property - Ordinary Units managed fund is .

Heine Industrial Property - Ordinary Units’s total return last month was 1.52%. This was made up of a growth return of 1.52% and an income return of 0%. These returns were calculated as at 30 Nov 1996.

Heine Industrial Property - Ordinary Units’s total return for the last three months was 10.48%. This was made up of a growth return of 8.06% and an income return of 2.42%%. These returns were calculated as at 30 Nov 1996.

Heine Industrial Property - Ordinary Units’s one-year total return is 34.58%. This was made up of a growth return of 21.82% and an income return of 12.76%. These returns were calculated as at 30 Nov 1996.

Heine Industrial Property - Ordinary Units’s one-year total return is 17.1%. This was made up of a growth return of 6.8% and an income return of 10.3%. These returns were calculated as at 30 Nov 1996.

The asset allocation of the Heine Industrial Property - Ordinary Units managed fund is :

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

The Responsible Entity for the Heine Industrial Property - Ordinary Units managed fund is ING Management Limited.

The Heine Industrial Property - Ordinary Units managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Oct 1996, the size of the Heine Industrial Property - Ordinary Units managed fund was $278.63 million.

The Heine Industrial Property - Ordinary Units managed fund has an inception date of 6 Mar 1989.

The current entry price of the Heine Industrial Property - Ordinary Units managed fund is $ per unit and the current exit price is $0.68 per unit (as at 20 Dec 1996).

The current exit price of the Heine Industrial Property - Ordinary Units managed fund is $0.68 per unit and the current entry price is $ per unit (as at 20 Dec 1996).

The minimum initial investment amount for the Heine Industrial Property - Ordinary Units managed fund is $1,000.

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.