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  5. IOOF GIS APN Property for Income - Managed fund profile

IOOF GIS APN Property for Income - Managed Fund (Closed)

Fund Objective
The Fund's investment objective is to provide investors with consistent income (paid monthly) and some capital growth by primarily investing in a diversified portfolio of AREITs and UPTs.
Fund Strategy
The Fund primarily invests in AREITs. The Fund may also invest in cash and fixed interest investments, UPTs and debt securities. The Fund does not invest in direct property. The RE continually reviews and, if appropriate, reweights the Fund's investments within its asset allocation parameters with the objective of optimising the Fund's distributable income and delivering lower risk than the S&P/ASX 200 AREIT Index

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 0.9% 1.78% 3.4% 21.66% -18.74% -18.35% -3.15% -%
Growth return -0.16% -0.83% -0.77% 11.68% -30.09% -30.03% -15.05% -%
Income return 1.06% 2.61% 4.17% 9.98% 11.35% 11.68% 11.9% -%
Market index (S&P/ASX 200 A-REIT TR)
Total return 4.47% 9.86% 16.7% 14.49% 20.15% 15.35% 12.27% 9%
As at 28 Feb 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS APN Property for Income
Cash
8.63%
Property & Infrastructure
91.37%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
2.41%
Property & Infrastructure
93.02%
Australian Equities
4.32%
International Equities
0.24%
Fixed Interest
0.01%
Alternatives
0.01%

General Information

Fund Details
Type Description
IOOF GIS APN Property for Income
Closed
IOOF Global One Limited
ASK0218AU
Equity Australia Real Estate
starstarstarstarstar (as at 28 Feb 2010)
Investment Fund
15 Nov 2002
$0.46 million (as at 28 Feb 2010)
$5.24336 (as at 28 Feb 2010)
$5.21721 (as at 28 Feb 2010)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.86% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR) 1.85% (as at 30 Jun 2009)
Minimum initial investment $3,000.00

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024) Type % of Portfolio
Goodman Group Equity 21.94%
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FAQs about the IOOF GIS APN Property for Income

The objective of the IOOF GIS APN Property for Income managed fund is The Fund's investment objective is to provide investors with consistent income (paid monthly) and some capital growth by primarily investing in a diversified portfolio of AREITs and UPTs.

The strategy of the IOOF GIS APN Property for Income managed fund is The Fund primarily invests in AREITs. The Fund may also invest in cash and fixed interest investments, UPTs and debt securities. The Fund does not invest in direct property. The RE continually reviews and, if appropriate, reweights the Fund's investments within its asset allocation parameters with the objective of optimising the Fund's distributable income and delivering lower risk than the S&P/ASX 200 AREIT Index

The APIR code of the IOOF GIS APN Property for Income managed fund is ASK0218AU.

IOOF GIS APN Property for Income’s total return last month was 0.9%. This was made up of a growth return of -0.16% and an income return of 1.06%. These returns were calculated as at 28 Feb 2010.

IOOF GIS APN Property for Income’s total return for the last three months was 1.78%. This was made up of a growth return of -0.83% and an income return of 2.61%%. These returns were calculated as at 28 Feb 2010.

IOOF GIS APN Property for Income’s one-year total return is 21.66%. This was made up of a growth return of 11.68% and an income return of 9.98%. These returns were calculated as at 28 Feb 2010.

IOOF GIS APN Property for Income’s one-year total return is -18.35%. This was made up of a growth return of -30.03% and an income return of 11.68%. These returns were calculated as at 28 Feb 2010.

The asset allocation of the IOOF GIS APN Property for Income managed fund is :

Cash
8.63%
Property & Infrastructure
91.37%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF GIS APN Property for Income managed fund is IOOF Global One Limited.

The IOOF GIS APN Property for Income managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 28 Feb 2010, the size of the IOOF GIS APN Property for Income managed fund was $0.46 million.

The IOOF GIS APN Property for Income managed fund has an inception date of 15 Nov 2002.

The current entry price of the IOOF GIS APN Property for Income managed fund is $5.24336 per unit and the current exit price is $5.21721 per unit (as at 28 Feb 2010).

The current exit price of the IOOF GIS APN Property for Income managed fund is $5.21721 per unit and the current entry price is $5.24336 per unit (as at 28 Feb 2010).

The minimum initial investment amount for the IOOF GIS APN Property for Income managed fund is $3,000.

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.