InvestSMART

inveST Property Fund - Managed Fund (Closed)

Fund Objective
To provide exposure to a diversified portfolio of Australian and international listed property. To provide a gross return that exceeds the Fund's performance benchmark over the long term.
Fund Strategy
The Fund invests in the Underlying Funds which predominantly invest in real estate trusts or listed property securities.

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 1.02% 4.51% 8.21% 6.85% 17.24% 11.5% 13.66% -%
Growth return 1.02% 4.51% 7% 4.4% 14.28% 6.87% 9.63% -%
Income return 0% 0% 1.21% 2.45% 2.96% 4.63% 4.03% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 2.97% -0.73% -4.96% -2.15% 4.86% 10.92% 6.45% 5.92%
As at 31 May 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

inveST Property Fund
Cash
0.87%
Property & Infrastructure
99.13%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.83%
Property & Infrastructure
93.02%
Australian Equities
3.73%
International Equities
0.13%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
inveST Property Fund
Closed
State Trustees Limited
STT0012AU
Equity Australia Real Estate
starstar (as at 31 May 2014)
Investment Fund
1 Jan 2009
$25.22 million (as at 30 May 2014)
$1.37484 (as at 24 Jun 2014)
$1.36936 (as at 24 Jun 2014)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.54% (as at 30 Jun 2013)
Minimum initial investment $2,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00
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FAQs about the inveST Property Fund

The objective of the inveST Property Fund managed fund is To provide exposure to a diversified portfolio of Australian and international listed property. To provide a gross return that exceeds the Fund's performance benchmark over the long term.

The strategy of the inveST Property Fund managed fund is The Fund invests in the Underlying Funds which predominantly invest in real estate trusts or listed property securities.

The APIR code of the inveST Property Fund managed fund is STT0012AU.

inveST Property Fund’s total return last month was 1.02%. This was made up of a growth return of 1.02% and an income return of 0%. These returns were calculated as at 31 May 2014.

inveST Property Fund’s total return for the last three months was 4.51%. This was made up of a growth return of 4.51% and an income return of 0%%. These returns were calculated as at 31 May 2014.

inveST Property Fund’s one-year total return is 6.85%. This was made up of a growth return of 4.4% and an income return of 2.45%. These returns were calculated as at 31 May 2014.

inveST Property Fund’s one-year total return is 11.5%. This was made up of a growth return of 6.87% and an income return of 4.63%. These returns were calculated as at 31 May 2014.

The asset allocation of the inveST Property Fund managed fund is :

Cash
0.87%
Property & Infrastructure
99.13%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the inveST Property Fund managed fund is State Trustees Limited.

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

As at 30 May 2014, the size of the inveST Property Fund managed fund was $25.22 million.

The inveST Property Fund managed fund has an inception date of 1 Jan 2009.

The current entry price of the inveST Property Fund managed fund is $1.37484 per unit and the current exit price is $1.36936 per unit (as at 24 Jun 2014).

The current exit price of the inveST Property Fund managed fund is $1.36936 per unit and the current entry price is $1.37484 per unit (as at 24 Jun 2014).

The minimum initial investment amount for the inveST Property Fund managed fund is $2,000. Minimum additional investment is $1000.

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.