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  5. PIC Wholesale Property Securities - Managed fund profile

PIC Wholesale Property Securities - Managed Fund

Fund Objective
Aims to outperform the Benchmark (after fees) over 7 year periods.
Fund Strategy
The fund invests primarily in Australian property securities, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It doesn't normally invest in direct property, but may have some exposure to property securities listed outside of Australia from time to time.

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 0.59% -4.98% 10.63% 24.36% 15.78% 6.17% 5.31% 9.19%
Growth return -0.72% -6.21% 8.69% 21.55% 13.05% 3.76% 3.05% 5.69%
Income return 1.31% 1.23% 1.94% 2.81% 2.73% 2.41% 2.26% 3.5%
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 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

PIC Wholesale Property Securities
Australian Equities
2.17%
International Equities
1.51%
Cash
2.82%
Property & Infrastructure
93.14%
Alternatives
0.37%
Fixed Interest
0%
Average Allocation of Peers
Australian Equities
4.32%
International Equities
0.24%
Cash
2.41%
Property & Infrastructure
93.02%
Alternatives
0.01%
Fixed Interest
0.01%

General Information

Fund Details
Type Description
PIC Wholesale Property Securities (Wholesale)
MLC Investments Limited
MLC0783AU
Equity Australia Real Estate
starstarstarstar (as at 30 Jun 2024)
Investment Fund
14 Mar 2007
n/a
$0.92582 (as at 28 Jun 2024)
$0.92212 (as at 28 Jun 2024)
Finalised
Offer information
Type Description
MER 0.62% (as at 30 Nov 2023)
Indirect Cost Ratio (ICR) 0.68% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 31 May 2025)

Holding (as at 31 May 2025) Type % of Portfolio
Goodman Group Equity - REIT 34.29%
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FAQs about the PIC Wholesale Property Securities

The objective of the PIC Wholesale Property Securities managed fund is Aims to outperform the Benchmark (after fees) over 7 year periods.

The strategy of the PIC Wholesale Property Securities managed fund is The fund invests primarily in Australian property securities, including listed Real Estate Investment Trusts and companies across most major listed property sectors. It doesn't normally invest in direct property, but may have some exposure to property securities listed outside of Australia from time to time.

The APIR code of the PIC Wholesale Property Securities managed fund is MLC0783AU.

PIC Wholesale Property Securities’s total return last month was 0.59%. This was made up of a growth return of -0.72% and an income return of 1.31%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Property Securities’s total return for the last three months was -4.98%. This was made up of a growth return of -6.21% and an income return of 1.23%%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Property Securities’s one-year total return is 24.36%. This was made up of a growth return of 21.55% and an income return of 2.81%. These returns were calculated as at 30 Jun 2024.

PIC Wholesale Property Securities’s one-year total return is 6.17%. This was made up of a growth return of 3.76% and an income return of 2.41%. These returns were calculated as at 30 Jun 2024.

The asset allocation of the PIC Wholesale Property Securities managed fund is :

Australian Equities
2.17%
International Equities
1.51%
Cash
2.82%
Property & Infrastructure
93.14%
Alternatives
0.37%
Fixed Interest
0%

The Responsible Entity for the PIC Wholesale Property Securities managed fund is MLC Investments Limited.

The PIC Wholesale Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 May 2007, the size of the PIC Wholesale Property Securities managed fund was $ million.

The PIC Wholesale Property Securities managed fund has an inception date of 14 Mar 2007.

The current entry price of the PIC Wholesale Property Securities managed fund is $0.92582 per unit and the current exit price is $0.92212 per unit (as at 28 Jun 2024).

The current exit price of the PIC Wholesale Property Securities managed fund is $0.92212 per unit and the current entry price is $0.92582 per unit (as at 28 Jun 2024).

The minimum initial investment amount for the PIC Wholesale Property Securities managed fund is $0. 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.