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  5. Heine - Property Investment Fund - Managed fund profile

Heine - Property Investment Fund - Managed Fund (Closed)

Fund Objective
To provide a high quality property investment with regular income and capital growth in the medium to long term.
Fund Strategy
Invests in real property (either directly or through other trusts), property related listed securities, cash and interest bearing securities. The Fund is designed to have a minimum 30% of total assets as liquid investments. The Fund achieves its exposure to the property sector through investing in the Heine Property Securities fund, a pooled listed property fund.

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 -0.45% -3.86% -0.03% -3.64% 1.4% 1.65% 1.4% -%
Growth return -0.93% -4.32% -1.5% -6.78% -2.03% -3.64% -4.94% -%
Income return 0.48% 0.46% 1.47% 3.14% 3.43% 5.29% 6.34% -%
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 Dec 1999. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Heine - Property Investment Fund
Cash
27.64%
Property
72.36%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.64%
Property
94.20%
Australian Equities
3.78%
International Equities
0.35%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
Heine - Property Investment Fund
Closed
ING Management Limited
HML0001AU
Equity Australia Real Estate
Not Rated
Investment Fund
16 Aug 1994
$0.66 million (as at 31 Dec 1999)
$1.5526 (as at 31 Dec 1999)
$1.5526 (as at 31 Dec 1999)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00

FAQs about the Heine - Property Investment Fund

The objective of the Heine - Property Investment Fund managed fund is To provide a high quality property investment with regular income and capital growth in the medium to long term.

The strategy of the Heine - Property Investment Fund managed fund is Invests in real property (either directly or through other trusts), property related listed securities, cash and interest bearing securities. The Fund is designed to have a minimum 30% of total assets as liquid investments. The Fund achieves its exposure to the property sector through investing in the Heine Property Securities fund, a pooled listed property fund.

The APIR code of the Heine - Property Investment Fund managed fund is HML0001AU.

Heine - Property Investment Fund’s total return last month was -0.45%. This was made up of a growth return of -0.93% and an income return of 0.48%. These returns were calculated as at 31 Dec 1999.

Heine - Property Investment Fund’s total return for the last three months was -3.86%. This was made up of a growth return of -4.32% and an income return of 0.46%%. These returns were calculated as at 31 Dec 1999.

Heine - Property Investment Fund’s one-year total return is -3.64%. This was made up of a growth return of -6.78% and an income return of 3.14%. These returns were calculated as at 31 Dec 1999.

Heine - Property Investment Fund’s one-year total return is 1.65%. This was made up of a growth return of -3.64% and an income return of 5.29%. These returns were calculated as at 31 Dec 1999.

The asset allocation of the Heine - Property Investment Fund managed fund is :

Cash
27.64%
Property
72.36%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Heine - Property Investment Fund managed fund is ING Management Limited.

The Heine - Property Investment Fund managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Dec 1999, the size of the Heine - Property Investment Fund managed fund was $0.66 million.

The Heine - Property Investment Fund managed fund has an inception date of 16 Aug 1994.

The current entry price of the Heine - Property Investment Fund managed fund is $1.5526 per unit and the current exit price is $1.5526 per unit (as at 31 Dec 1999).

The current exit price of the Heine - Property Investment Fund managed fund is $1.5526 per unit and the current entry price is $1.5526 per unit (as at 31 Dec 1999).

The minimum initial investment amount for the Heine - Property Investment Fund managed fund is $2,000.

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.