Alpha Property Securities Fund
The Fund is designed for investors seeking both high-income and capital growth opportunities, combined with moderate tax benefits, by investing in a globally-diversified portfolio of listed property securities
$25,000
Minimum initial investment
$10,000
Minimum additional investment
$10,000
Minimum withdrawal
0.33%
Buy/Sell spread
1.27% p.a.
Management costs (including service costs)
$25,000
Minimum balance
The Alpha Property Securities Fund is designed for investors seeking both high-income and capital growth opportunities, combined with moderate tax benefits, by investing in a globally-diversified portfolio of listed property securities. It aims to outperform (after fund fees and expenses, and before taxes) a combination of the FTSE EPRA/NAREIT Developed Index and the S&P/ASX 200 Property Trust Accumulation Index on a rolling 3 to 5 year basis. The Fund invests in global listed property securities that derive the bulk of their income from property rental – providing greater diversification and liquidity than direct property, and access to a wider universe of investment opportunities than the Australian market.
The Alpha Property Securities Fund gains exposure to listed property securities traded on global markets by investing into property securities managed funds.
Key information overview
Unit Price
The Alpha Property Securities Fund’s unit price are calculated daily, please refer to the PDS for information relating to the buy/sell spread.
$0.4375
SUBSCRIPTIONS
$0.4346
REDEMPTIONS
Performance
The Alpha Property Securities Fund’s returns are calculated after fees have been deducted, assuming reinvestment of distributions. No allowance is made for tax. *Benchmark – FTSE EPRA/NAREIT Developed Index and S&P/ASX200 Property Trusts Accumulation Index.
97.16%
Downside Capture since inception
-0.39%
Outperformance since inception
14.76%
Distribution yield
-0.92%
Annualised volatility vs benchmark
Fund performance report – 31 October 2018
| Alpha Property Securities Fund | Distribution Return | Growth Return | Total Return | Benchmark Return | Outperformance |
| Month | 0.00% | -1.96% | -1.96% | -3.12% | 1.16% |
| 3 Month | 0.34% | -0.28% | 0.06% | -1.98% | 2.04% |
| 6 Month | 12.80% | -7.08% | 5.72% | 5.43% | 0.29% |
| 1 Year | 13.37% | -4.85% | 8.52% | 8.95% | -0.43% |
| 3 Years pa | 10.20% | -2.89% | 7.32% | 7.58% | -0.27% |
| 5 Years pa | 8.72% | 1.71% | 10.43% | 11.44% | -1.01% |
| Since Inception pa | 7.80% | -6.95% | 0.85% | 1.06% | -0.20% |
Investment Managers
The following Investment Managers sit within the Alpha Property Securities Fund.
Folkestone is an ASX listed real estate fund manager and developer comprising of a range of real estate investment products across debt, equity, public and private markets. In April 2014, Folkestone acquired 100% of Maxim Asset Management, which was subsequently renamed as Folkestone Maxim Asset Management. The business objective is to develop into a leading specialist manager of A-REIT securities, with a focus on delivering strong risk adjusted returns through fundamental analysis and adhering to its high conviction process.
Quay Global Investors (Quay) is a boutique investment manager focused on the preservation and creation of wealth through innovative strategies in real estate securities. Quay was launched in May 2015 as a partnership with principals Justin Blaess and Chris Bedingfield and Bennelong. Prior to this, the business operated as Quay Real Estate Advisors which was founded by Justin and Chris in 2013. The founding partners have over 40 years of collective experience in direct property, equities research, investment banking and investment management across domestic and global markets, giving them a unique skill set and perspective which they bring to the management of a portfolio of global real estate securities.
Renaissance Property Securities is a privately owned boutique fund manager established in 2003. The principals, Carlos Cocaro and Damien Barrack, have worked together since 1998 - previously at Rothschild Australia Asset Management, and subsequently BT Financial Group. Portfolios are managed for institutional and wholesale clients, with the core aim to deliver outperformance for our clients over the medium to long term.
Information on this page is general advice only and is not personal advice. It does not take into account your individual objectives, financial situation or needs. Please review a copy of the Product Disclosure Statement to determine if this is a suitable investment to meet your needs or speak to your financial adviser before you make any decision to invest.
Funds invested are not guaranteed and their value will rise and fall in line with market forces. Past performance is no guarantee of future return.