Dexus AREIT Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100165-2022-11-03-02:23.pdf |
FUND MANAGER | Dexus Asset Management Limited |
ASX Code | |
APIR | APN0008AU |
ASSET CLASS | PROPERTY |
INVESTMENT STYLE | The APN AREIT Fund is an income focused, award winning property securities fund that invests in a portfolio of listed Australian Real Estate Investment Trusts (AREITs). |
INVESTMENT PROFILE | To provide investors with a consistent, relatively high level of income combined with some capital growth, sourced primarily from AREITs listed on the ASX. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 19-01-2009 |
BENCHMARK | S&P/ASX 200 AREIT Index Dividend Yield |
FUND SIZE | S&P/ASX 200 AREIT Index Dividend Yield |
DISTRIBUTION FREQUENCY | Monthly |
NO. OF HOLDINGS | |
FEES | 0.85% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Dexus AREIT FundActive managementDexus is an active investment manager and constructs portfolios independent of index weightings. By evaluating the potential risks and rewards of the underlying AREIT stocks and actively investing in stocks outside of the S&P/AREIT 300 Index, the Fund aims to provide greater diversification benefits and lower risk returns than the market. Income returnsA significant focus for the management of the Fund is on generating sustainable and regular income returns. This typically means that the Fund targets those investments it believes can deliver relatively high and sustainable income returns. Exposure to commercial real estateDirect investment in commercial real estate can be difficult and is often beyond the realm of possibility of many retail investors due to the large capital commitment and specialist knowledge that is generally required to invest in this sector. The Fund provides an ideal way for investors to invest in a diversified and professionally managed portfolio of listed AREITs to gain exposure to the benefits of a portfolio of quality commercial real estate. The distributions received predominately come from rental income of the underlying commercial properties that are owned by these property securities. Non index weightingsUnlike many property securities funds which invest significantly on the basis of the weighting of a particular property security investment in an index, the Fund will invest on the basis of Dexus's determination of the relative value and attractiveness of the property security investment. Limiting exposure to higher risk earningsDexus limits the Fund's exposure to earnings derived from international assets and active business activities, such as property development or funds management type activities, which are generally considered riskier earnings. This strategy aims to deliver lower risk compared to the risk of investing in the AREIT Index. Risk Level
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RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
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Detail |
Key Features
Investment objectivesThe primary investment objectives of the Fund are to:
Investment StrategyThe Fund will invest in AREITs and cash/fixed interest. The Fund will not invest in direct property. We will continually review and, if appropriate, reweight the Fund's investments with the objective of optimising the Fund's distributable income. The Constitution allows us to borrow on behalf of the Fund. It is our current intention that the Fund will not undertake direct borrowing. The entities in which the Fund will invest may borrow. |
Mandate
How we invest your moneyTarget asset allocationsAssets: Long-term asset allocation ranges / Indicative asset allocation
DerivativesIt is our current policy not to use derivatives for leverage or risk management purposes within the Fund. We will inform you if this policy changes. The entities in which the Fund will invest may use derivatives. |