Ironbark DWS Global (ex-Australia) Property Securities Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100052-2024-01-18-02:28.pdf |
FUND MANAGER | RREEF America L.L.C. |
ASX Code | |
APIR | MGL0010AU |
ASSET CLASS | PROPERTY |
INVESTMENT STYLE | The Fund invests in property securities listed on recognised stock exchanges around the world (excluding Australia).
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INVESTMENT PROFILE | The Fund Seeks to outperform its Benchmark, after fees, over rolling three year periods. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 20-10-2004 |
BENCHMARK | FTSE EPRA/NAREIT Developed ex-Australia Index (hedged to $A, total return, net of withholding tax) |
FUND SIZE | FTSE EPRA/NAREIT Developed ex-Australia Index (hedged to $A, total return, net of withholding tax) |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | 70-120 |
FEES | 1.1000% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Ironbark RREEF Global (Ex-Australia) Property Securities Fund
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RISK LEVEL | 7 |
INVESTOR SUITABILITY | Investor suitabilityThe Fund is intended to be suited to investors who seek an investment that can deliver income returns together with long-term capital growth, want to benefit from a global exposure to property investments and accept that fluctuations in investment returns may be experienced. |
Risks
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Detail |
Key Features
About the FundThe Fund provides valuable diversification benefits from investing globally. About the Investment ManagerRREEF America manages the investments of the Fund on behalf of the Responsible Entity. RREEF America is part of DWS Group GmbH &Co. KGaA (DWS'), a publicly-listed firm that is a majority owned subsidiary of Deutsche Bank AG. |
Mandate
How we invest your moneyThe Fund invests in property securities listed on recognised stock exchanges around the world (excluding Australia). The Fund may also invest in unlisted Initial Public Offering (IPO') securities, provided those securities are expected to be listed within three months of issue. The Fund may have exposure to derivatives for investment and currency management purposes. In particular, derivatives may be used by the Investment Manager for hedging to protect an asset in the Fund against market value fluctuations; to reduce volatility in the Fund; as a substitute for a physical security; or when adjusting asset exposures within the investment parameters of the Fund. Asset allocation
The Fund may temporarily move outside the ranges due to certain factors such as the receipt of significant cash flows. If this occurs, action will be taken to bring the Fund back within these ranges as soon as practicable. |