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  5. IOOF/Perennial Flexi - Australian Property Securities - Managed fund profile

IOOF/Perennial Flexi - Australian Property Securities - Managed Fund (Closed)

Fund Objective
To achieve an annual total return that exceeds the total return of the Benchmark after fees measured on a rolling 3 year basis, while generating a consistent income return.
Fund Strategy
The Fund primarily invests in Australian listed REITs ('AREITs') and real estate securities but also has the ability to invest up to 20% of the portfolio in similar securities listed on global exchanges. The AREIT component is focused on identifying relative value opportunities within the Australian universe. The flexibility to allocate to global listed REITs and real estate securities, provides a means of diversification and enhancement of returns.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 4.16% 10.77% 11.49% 24.27% 14.1% 19.64% 10.59% 1.67%
Growth return 4.16% 10.77% 11.49% 20.16% 11.21% 16.54% 6.85% -6.54%
Income return 0% 0% 0% 4.11% 2.89% 3.1% 3.74% 8.21%
Market index (S&P/ASX 200 A-REIT TR)
Total return -2.51% 4.46% 14.2% 52.18% 21.11% 8.02% 6.24% 9.27%
As at 31 Dec 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF/Perennial Flexi - Australian Property Securities
Cash
0.52%
Property
99.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
1.82%
Property
95.03%
Australian Equities
2.12%
International Equities
0.75%
Fixed Interest
0.25%
Alternatives
0.04%

General Information

Fund Details
Type Description
IOOF/Perennial Flexi - Australian Property Securities
Closed
Pinnacle Fund Services Limited
IOF0014AU
Equity Australia Real Estate
starstarstar (as at 31 Dec 2014)
Investment Fund
5 Aug 1988
$0.46 million (as at 31 Dec 2014)
$0.7702 (as at 14 Jan 2015)
$0.7702 (as at 14 Jan 2015)
Finalised
Offer information
Type Description
Standard entry fee 4%
MER 1.74% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.71% (as at 30 Jun 2015)
Minimum initial investment $2,000.00
Minimum additional investments $500.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Goodman Group Equity 33.45%
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FAQs about the IOOF/Perennial Flexi - Australian Property Securities

The objective of the IOOF/Perennial Flexi - Australian Property Securities managed fund is To achieve an annual total return that exceeds the total return of the Benchmark after fees measured on a rolling 3 year basis, while generating a consistent income return.

The strategy of the IOOF/Perennial Flexi - Australian Property Securities managed fund is The Fund primarily invests in Australian listed REITs ('AREITs') and real estate securities but also has the ability to invest up to 20% of the portfolio in similar securities listed on global exchanges. The AREIT component is focused on identifying relative value opportunities within the Australian universe. The flexibility to allocate to global listed REITs and real estate securities, provides a means of diversification and enhancement of returns.

The APIR code of the IOOF/Perennial Flexi - Australian Property Securities managed fund is IOF0014AU.

IOOF/Perennial Flexi - Australian Property Securities’s total return last month was 4.16%. This was made up of a growth return of 4.16% and an income return of 0%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexi - Australian Property Securities’s total return for the last three months was 10.77%. This was made up of a growth return of 10.77% and an income return of 0%%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexi - Australian Property Securities’s one-year total return is 24.27%. This was made up of a growth return of 20.16% and an income return of 4.11%. These returns were calculated as at 31 Dec 2014.

IOOF/Perennial Flexi - Australian Property Securities’s one-year total return is 19.64%. This was made up of a growth return of 16.54% and an income return of 3.1%. These returns were calculated as at 31 Dec 2014.

The asset allocation of the IOOF/Perennial Flexi - Australian Property Securities managed fund is :

Cash
0.52%
Property
99.48%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF/Perennial Flexi - Australian Property Securities managed fund is Pinnacle Fund Services Limited.

The IOOF/Perennial Flexi - Australian Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 31 Dec 2014, the size of the IOOF/Perennial Flexi - Australian Property Securities managed fund was $0.46 million.

The IOOF/Perennial Flexi - Australian Property Securities managed fund has an inception date of 5 Aug 1988.

The current entry price of the IOOF/Perennial Flexi - Australian Property Securities managed fund is $0.7702 per unit and the current exit price is $0.7702 per unit (as at 14 Jan 2015).

The current exit price of the IOOF/Perennial Flexi - Australian Property Securities managed fund is $0.7702 per unit and the current entry price is $0.7702 per unit (as at 14 Jan 2015).

The minimum initial investment amount for the IOOF/Perennial Flexi - Australian Property Securities managed fund is $2,000. Minimum additional investment is $500.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.