RF CorVal New Zealand Trust - Managed Fund

Fund Objective

Funds raised under the Offer will be used to acquire a portfolio of eleven properties across New Zealand (Properties or Portfolio), under sale-andleaseback arrangements to entities within the Mainland Poultry Group (Mainland), guaranteed by the parent company.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-%	1.46%	-4.31%	22.97%	16.93%	53.63%	-%	-%
Growth return	1.61%	1.61%	-2.48%	22.05%	12.37%	41.88%	-%	-%
Income return	-%	-0.15%	-1.83%	0.92%	4.56%	11.75%	-%	-%
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 Mar 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Property & Infrastructure: 93.02%

Australian Equities: 3.73%

International Equities: 0.13%

Cash: 1.83%

Fixed Interest: 0%

Alternatives: 1.29%

General Information

Fund Details

Type	Description
Fund Name	RF CorVal New Zealand Trust
APIR Code	CRV8776AU
Sector/Asset Class	Unlisted and Direct Property
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	1 Nov 2022
Fund Size	$21.69 million (as at 31 Dec 2025)
Entry Price	$1.17693 (as at 31 Mar 2026)
Exit Price	$1.17693 (as at 31 Mar 2026)
Fund Status	Open

Offer information

Type	Description
MER	0.60% (as at 26 Mar 2025)
Indirect Cost Ratio (ICR)	0.60% (as at 30 Jun 2024)
Minimum initial investment	$100,000

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
Agriculture		117.69%

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FAQs about the RF CorVal New Zealand Trust

What is the objective of the RF CorVal New Zealand Trust managed fund?

The objective of the RF CorVal New Zealand Trust managed fund is Funds raised under the Offer will be used to acquire a portfolio of eleven properties across New Zealand (Properties or Portfolio), under sale-andleaseback arrangements to entities within the Mainland Poultry Group (Mainland), guaranteed by the parent company.

What is the strategy for the RF CorVal New Zealand Trust managed fund?

The strategy of the RF CorVal New Zealand Trust managed fund is Funds raised under the Offer will be used to acquire a portfolio of eleven properties across New Zealand (Properties or Portfolio), under sale-andleaseback arrangements to entities within the Mainland Poultry Group (Mainland), guaranteed by the parent company.

What is the APIR code of the RF CorVal New Zealand Trust managed fund?

The APIR code of the RF CorVal New Zealand Trust managed fund is CRV8776AU.

What was RF CorVal New Zealand Trust’s total return last month?

RF CorVal New Zealand Trust’s total return last month was -%. This was made up of a growth return of 1.61% and an income return of -%. These returns were calculated as at 31 Mar 2026.

What was RF CorVal New Zealand Trust’s total return for the last three months?

RF CorVal New Zealand Trust’s total return for the last three months was 1.46%. This was made up of a growth return of 1.61% and an income return of -0.15%%. These returns were calculated as at 31 Mar 2026.

What is RF CorVal New Zealand Trust’s one-year total return?

RF CorVal New Zealand Trust’s one-year total return is 22.97%. This was made up of a growth return of 22.05% and an income return of 0.92%. These returns were calculated as at 31 Mar 2026.

What is RF CorVal New Zealand Trust’s three-year total return?

RF CorVal New Zealand Trust’s one-year total return is 53.63%. This was made up of a growth return of 41.88% and an income return of 11.75%. These returns were calculated as at 31 Mar 2026.

What is the asset allocation of the RF CorVal New Zealand Trust managed fund?

The asset allocation of the RF CorVal New Zealand Trust managed fund is :

Property & Infrastructure: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the RF CorVal New Zealand Trust managed fund belong to?

The RF CorVal New Zealand Trust managed fund belongs to the Unlisted and Direct Property sector/asset class.

What is the size of the RF CorVal New Zealand Trust managed fund?

As at 31 Dec 2025, the size of the RF CorVal New Zealand Trust managed fund was $21.69 million.

What is the inception date of the RF CorVal New Zealand Trust managed fund?

The RF CorVal New Zealand Trust managed fund has an inception date of 1 Nov 2022.

What is the current entry price of the RF CorVal New Zealand Trust managed fund?

The current entry price of the RF CorVal New Zealand Trust managed fund is $1.17693 per unit and the current exit price is $1.17693 per unit (as at 31 Mar 2026).

What is the current exit price of the RF CorVal New Zealand Trust managed fund?

The current exit price of the RF CorVal New Zealand Trust managed fund is $1.17693 per unit and the current entry price is $1.17693 per unit (as at 31 Mar 2026).

What is the minimum investment amount for the RF CorVal New Zealand Trust managed fund?

The minimum initial investment amount for the RF CorVal New Zealand Trust managed fund is $100,000.

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.

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