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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).

 
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

 

 

  • the opportunity to invest in proper ty securities listed on recognised stock exchanges around the world (excluding Australia) in a single investment;
  • access to Deutsche Asset Management's experienced global securities investment team staffed with senior portfolio managers and analysts local to the region of coverage;
  • access to Deutsche Asset Management's highly regarded real estate research and other international resource teams;
  • access to an established and proven investment process with attention to risk management before, during and after portfolio construction;
  • diversification that comes from investing globally.
RISK LEVEL 7
INVESTOR SUITABILITY

Investor suitability

The 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

Title
Detail

Key Features

About the Fund

The Fund provides valuable diversification benefits from investing globally.

About the Investment Manager

RREEF 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 money

The 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

  • Global property securities (including property trusts and property related companies): 90% - 100%
  • Cash: 0% - 10%

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.