RF Corval Queenstown Trust - Managed Fund

Fund Objective

Following acquisition in Nov 2024, the Manager will collapse strata, retain key staff, and appoint EVT Hotels to manage operations. Plans include refurbishing rooms (PIP) to reposition as a 4.5-star boutique hotel and developing 40 new rooms. Refurbishments begin in early 2025; development in 2026 (subject to consent). The goal is a sustainable, high-performing community hotel with strong income returns.

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

% p.a.

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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	-%	12%	12%	-%	-%	-%	-%	-%
Growth return	12%	12%	12%	-%	-%	-%	-%	-%
Income return	-%	0%	0%	-%	-%	-%	-%	-%
Market index (S&P/ASX 200 A-REIT TR)
Total return	-11.21%	-16.63%	-17.8%	-2.26%	-3.86%	8.08%	5.05%	5.31%

As at 30 Jun 2025. 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: 92.66%

Australian Equities: 3.73%

International Equities: 0.13%

Cash: 2.18%

Fixed Interest: 0%

Alternatives: 1.29%

General Information

Fund Details

Type	Description
Fund Name	RF Corval Queenstown Trust
APIR Code	CRV3663AU
Sector/Asset Class	Unlisted and Direct Property
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	25 Sep 2024
Fund Size	n/a
Entry Price	$1.12 (as at 22 Jul 2025)
Exit Price	$1.12 (as at 22 Jul 2025)
Fund Status	Open

Offer information

Type	Description
Minimum initial investment	$100,000

Top 10 holdings (as at 31 Dec 2025)

Holding (as at 31 Dec 2025)	Type	% of Portfolio
Hotel		107%

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FAQs about the RF Corval Queenstown Trust

What is the objective of the RF Corval Queenstown Trust managed fund?

The objective of the RF Corval Queenstown Trust managed fund is Following acquisition in Nov 2024, the Manager will collapse strata, retain key staff, and appoint EVT Hotels to manage operations. Plans include refurbishing rooms (PIP) to reposition as a 4.5-star boutique hotel and developing 40 new rooms. Refurbishments begin in early 2025; development in 2026 (subject to consent). The goal is a sustainable, high-performing community hotel with strong income returns.

What is the strategy for the RF Corval Queenstown Trust managed fund?

The strategy of the RF Corval Queenstown Trust managed fund is Following acquisition in Nov 2024, the Manager will collapse strata, retain key staff, and appoint EVT Hotels to manage operations. Plans include refurbishing rooms (PIP) to reposition as a 4.5-star boutique hotel and developing 40 new rooms. Refurbishments begin in early 2025; development in 2026 (subject to consent). The goal is a sustainable, high-performing community hotel with strong income returns.

What is the APIR code of the RF Corval Queenstown Trust managed fund?

The APIR code of the RF Corval Queenstown Trust managed fund is CRV3663AU.

What was RF Corval Queenstown Trust’s total return last month?

RF Corval Queenstown Trust’s total return last month was -%. This was made up of a growth return of 12% and an income return of -%. These returns were calculated as at 30 Jun 2025.

What was RF Corval Queenstown Trust’s total return for the last three months?

RF Corval Queenstown Trust’s total return for the last three months was 12%. This was made up of a growth return of 12% and an income return of 0%%. These returns were calculated as at 30 Jun 2025.

What is RF Corval Queenstown Trust’s one-year total return?

RF Corval Queenstown Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2025.

What is RF Corval Queenstown Trust’s three-year total return?

RF Corval Queenstown Trust’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Jun 2025.

What is the asset allocation of the RF Corval Queenstown Trust managed fund?

The asset allocation of the RF Corval Queenstown 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 Queenstown Trust managed fund belong to?

The RF Corval Queenstown Trust managed fund belongs to the Unlisted and Direct Property sector/asset class.

What is the size of the RF Corval Queenstown Trust managed fund?

As at , the size of the RF Corval Queenstown Trust managed fund was $ million.

What is the inception date of the RF Corval Queenstown Trust managed fund?

The RF Corval Queenstown Trust managed fund has an inception date of 25 Sep 2024.

What is the current entry price of the RF Corval Queenstown Trust managed fund?

The current entry price of the RF Corval Queenstown Trust managed fund is $1.12 per unit and the current exit price is $1.12 per unit (as at 22 Jul 2025).

What is the current exit price of the RF Corval Queenstown Trust managed fund?

The current exit price of the RF Corval Queenstown Trust managed fund is $1.12 per unit and the current entry price is $1.12 per unit (as at 22 Jul 2025).

What is the minimum investment amount for the RF Corval Queenstown Trust managed fund?

The minimum initial investment amount for the RF Corval Queenstown 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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