General Information

Morningstar Global Property Securities H
Morningstar Investment Management Austra
Equity Global Real Estate
starstarstar (as at 31 Jul 2017)
Investment Fund
15 May 2006
$243.77 million (as at 30 Jun 2017)
$1.18386 (as at 17 Aug 2017)
$1.1815 (as at 17 Aug 2017)

Fund performance (31 Jul 2017)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.96 0.86 4.3 -3.91 6.32 7.92 9.97 3.77
Growth return 0.96 0.73 3.43 -8.42 3.79 6.05 7.89 2.39
Income return 0 0.13 0.87 4.51 2.53 1.87 2.08 1.38

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

Asset Allocation (31 Jul 2017)

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

Objectives and Strategy

Aims to deliver a superior risk-return profile to the performance benchmark over rolling 5 year periods by investing predominantly in listed Real Estate Investment Trusts (REITs), particularly those that generate high levels of rental income from commercial property.
A Fund predominantly invested in international real estate investment trusts that generate high levels of rental income hedged back to Australian dollars. To implement this strategy, Morningstar may design portfolios and/or appoint managers to manage the assets of the Fund, supplemented by a passive currency overlay.

Offer information

Indirect Cost Ratio (ICR) 0.57% (as at 1 Jul 2016) (Estimated)
Minimum initial investment $20,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Mar 2017)

Holding Type % of Portfolio
Dexus Property Group Equity 4.31%
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