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  5. Principal Global Property MPS - Managed fund profile

Principal Global Property MPS - Managed Fund

Fund Objective
To provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over periods of five years or longer.
Fund Strategy
The Fund invests in a wide range of property securities listed, or expected to be listed, on major world stock exchanges which derive the bulk of their income from property rental income and/or development as well as infrastructure securities. The Fund is typically hedged back into Australian dollars.

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 3.21% -0.57% 12.45% 7.22% -8.5% -1.46% -1.14% -%
Growth return 3.21% -0.57% 12.45% 4.19% -9.8% -5.05% -4.02% -%
Income return 0% 0% 0% 3.03% 1.3% 3.59% 2.88% -%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
0%
Australian Equities
0.18%
International Equities
6.60%
Cash
1.91%
Property
91.32%

General Information

Fund Details
Type Description
Principal Global Property MPS
WFS8263AU
Equity Global Real Estate
starstar (as at 31 Mar 2024)
Investment Fund
15 Oct 2018
$57.14 million (as at 22 Apr 2024)
$0.8474 (as at 22 Apr 2024)
$0.844 (as at 22 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.79% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR) 0
Minimum initial investment $500,000
Minimum additional investments

FAQs about the Principal Global Property MPS

The objective of the Principal Global Property MPS managed fund is To provide investors with a total investment return (before fees and taxes) that outperforms the benchmark over periods of five years or longer.

The strategy of the Principal Global Property MPS managed fund is The Fund invests in a wide range of property securities listed, or expected to be listed, on major world stock exchanges which derive the bulk of their income from property rental income and/or development as well as infrastructure securities. The Fund is typically hedged back into Australian dollars.

The APIR code of the Principal Global Property MPS managed fund is WFS8263AU.

Principal Global Property MPS’s total return last month was 3.21%. This was made up of a growth return of 3.21% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Principal Global Property MPS’s total return for the last three months was -0.57%. This was made up of a growth return of -0.57% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Principal Global Property MPS’s one-year total return is 7.22%. This was made up of a growth return of 4.19% and an income return of 3.03%. These returns were calculated as at 31 Mar 2024.

Principal Global Property MPS’s one-year total return is -1.46%. This was made up of a growth return of -5.05% and an income return of 3.59%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Principal Global Property MPS managed fund is :

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

The Principal Global Property MPS managed fund belongs to the Equity Global Real Estate sector/asset class.

As at 22 Apr 2024, the size of the Principal Global Property MPS managed fund was $57.14 million.

The Principal Global Property MPS managed fund has an inception date of 15 Oct 2018.

The current entry price of the Principal Global Property MPS managed fund is $0.8474 per unit and the current exit price is $0.844 per unit (as at 22 Apr 2024).

The current exit price of the Principal Global Property MPS managed fund is $0.844 per unit and the current entry price is $0.8474 per unit (as at 22 Apr 2024).

The minimum initial investment amount for the Principal Global Property MPS managed fund is $500,000. Minimum additional investment is $0.

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.