Fund Details
About the Fund
The Diversified Property Fund is an open unlisted property fund focusing on industrial, office and retail property investments.
Investment Objective
The Fund aims to deliver:
- a total return* (income and capital growth) above the Mercer/IPD Australian Pooled Property Fund Index, while providing a steady level of income. We will also seek to deliver an attractive level of tax advantaged components within the income;
- a stable income stream that is at least 1% per annum above the average Commonwealth Government 10-year bond yield calculated on a rolling basis over the previous 5-year period (Fund Cash Yield Benchmark).
*The return that we aim to deliver to investors is a statement of intent, and we cannot guarantee that the Fund will achieve this return.
Refer to the Fund Update for the Fund's quarterly performance, with Total Return Benchmark and Fund Cash Yield Benchmark.
Investment Strategy
The investment strategy of the Fund is to acquire, manage and grow an underlying property portfolio of industrial, office and retail properties in Australia and New Zealand. The Fund may also invest in Australian Real Estate Investment Trusts and unlisted property trusts where appropriate.
Who is the investment manager?
Australian Unity Investments
Registry provider
On Friday 26 October 2012, Australian Unity Funds Management Limited replaced Link Market Services Limited as the provider of registry and administration services for the Fund.
Investors should direct all queries and requests to the Australian Unity Investments Investor Services team by either:
Distributions
|
|
|
Frequency |
Period End |
Cents Per Unit |
Reinvestment Price |
|
Quarterly |
31-Mar-13 |
1.2000 |
$0.7885 |
|
Quarterly |
31-Dec-12 |
1.2000 |
$0.7820 |
|
Quarterly |
30-Sep-12 |
1.1500 |
$0.7701 |
|
Quarterly |
30-Jun-12 |
1.1100 |
$0.7579 |
|
Quarterly |
31-Mar-12 |
1.1100 |
$0.7775 |
|
Quarterly |
31-Dec-11 |
1.1000 |
$0.7975 |
|
Quarterly |
30-Sept-11 |
1.1000 |
$0.7843 |
|
Quarterly |
30-Jun-11 |
1.0295 |
$0.7878 |
|
Quarterly |
31-Mar-11 |
1.3750 |
$0.7761 |
|
Quarterly |
31-Dec-10 |
1.3750 |
n/a |
|
Quarterly |
30-Sep-10 |
1.3750 |
n/a |
Fund
| Inception Date | Fund Size at 31-May-2013 | Distribution Frequency | Minimum Initial Investment |
| 22-Aug-06 | $242.78m Gross Assets ($153.89m Net Assets) | Quarterly | $5,000.00 |
Unit Prices
| Effective Date |
Entry Price |
Exit Price |
|
31-May-13 |
$0.8152 |
$0.7989 |
|
Important Information
This product is issued by Australian Unity Property Funds Management Limited ABN 28 085 352 405, AFS Licence No 233718. Information provided here is indicative and current at the time of publication only. Any prices or values shown for this product should not be assumed to be applicable to the date that you are viewing this page, and may also not reflect the actual effect of fees or expenses. Any decisions relating to a financial investment should only be based upon a consideration of your objectives, situation or needs, and should not be influenced by historical data such as past performance. You should refer to the current Product Disclosure Statement (PDS) if you wish to know more about this product.
