InvestSMART

Tower Central Trust - Managed Fund (Closed)

Fund Objective
The Trust has been established specifically to purchase and hold a property located at 114 Brisbane Street, Ipswich QLD 4305.
Fund Strategy
The expected term of the Trust is five years from the Property purchase Settlement Date. Unless the term is extended, the Property will be sold and the Trust wound up. Under the Constitution Trilogy Funds may extend the term for a further two years if this is in the interest of the Unit Holders, so that the Trust terminates on the 7th anniversary of the Settlement Date. If the term is so extended, it is the intention of Trilogy Funds to seek to sell the Property prior to the 7th anniversary of the Settlement Date and wind up the Trust.

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% 0% 0% 0% 3.93% 5.27% 6.35% -%
Growth return 0% -5.01% -% -% -% -% -% -%
Income return 0% 5.01% -% -% -% -% -% -%
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 Nov 2021. 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
3.72%
International Equities
0.32%
Cash
1.65%
Fixed Interest
0%
Alternatives
1.29%

General Information

Fund Details
Type Description
Tower Central Trust
Closed
Trilogy Funds Management Limited
TGY0029AU
Unlisted and Direct Property
Not Rated
Investment Fund
3 Jun 2015
$0 million (as at 30 Apr 2021)
n/a
n/a
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 7.95% (as at 30 Jun 2016)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount
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FAQs about the Tower Central Trust

The objective of the Tower Central Trust managed fund is The Trust has been established specifically to purchase and hold a property located at 114 Brisbane Street, Ipswich QLD 4305.

The strategy of the Tower Central Trust managed fund is The expected term of the Trust is five years from the Property purchase Settlement Date. Unless the term is extended, the Property will be sold and the Trust wound up. Under the Constitution Trilogy Funds may extend the term for a further two years if this is in the interest of the Unit Holders, so that the Trust terminates on the 7th anniversary of the Settlement Date. If the term is so extended, it is the intention of Trilogy Funds to seek to sell the Property prior to the 7th anniversary of the Settlement Date and wind up the Trust.

The APIR code of the Tower Central Trust managed fund is TGY0029AU.

Tower Central Trust’s total return last month was 0%. This was made up of a growth return of 0% and an income return of 0%. These returns were calculated as at 30 Nov 2021.

Tower Central Trust’s total return for the last three months was 0%. This was made up of a growth return of -5.01% and an income return of 5.01%%. These returns were calculated as at 30 Nov 2021.

Tower Central Trust’s one-year total return is 0%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2021.

Tower Central Trust’s one-year total return is 5.27%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Nov 2021.

The asset allocation of the Tower Central Trust managed fund is :

Property & Infrastructure
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Tower Central Trust managed fund is Trilogy Funds Management Limited.

The Tower Central Trust managed fund belongs to the Unlisted and Direct Property sector/asset class.

As at 30 Apr 2021, the size of the Tower Central Trust managed fund was $0 million.

The Tower Central Trust managed fund has an inception date of 3 Jun 2015.

The current entry price of the Tower Central Trust managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the Tower Central Trust managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the Tower Central Trust managed fund is $20,000. Minimum additional investment is $1000.

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.