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  5. Macquarie AP - APN Property for Income - Managed fund profile

Macquarie AP - APN Property for Income - Managed Fund (Closed)

Fund Objective
APN FM's primary objective for the APN Unlisted Property Fund is to achieve an orderly realisation of the Fund's assets within 5 years of the Fund's commencement, in order to provide investors with progressive liquidity. APN FM's secondary objective for the APN Unlisted Property Fund is to manage the existing investments to achieve consistent income combined with some capital growth.
Fund Strategy
APN FM will also aim to maximise income and growth returns by managing the existing portfolio of assets to the extent that this is consistent with the primary objective to realise the Fund's assets. APN FM as responsible entity of the Fund will not invest in any new unlisted property trusts.

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 -0.29% 3.24% 1.58% 3.81% 9.76% 10.17% 8.37% -1.39%
Growth return -0.29% 3.24% 1.58% 3.81% 9.76% 10.17% 8.37% -1.39%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
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 28 Feb 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie AP - APN Property for Income
Cash
8.63%
Property
91.37%
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
Macquarie AP - APN Property for Income
Closed
Macquarie Investment Management Aus Ltd.
MAQ0326AU
Equity Australia Real Estate
starstarstar (as at 28 Feb 2017)
Allocated Pension
28 Mar 2004
$0.04 million (as at 28 Feb 2017)
$1.5635 (as at 28 Mar 2017)
$1.5635 (as at 28 Mar 2017)
Finalised
Offer information
Type Description
Standard entry fee 3.50%
MER 2.15% (as at 30 Apr 2004)
Indirect Cost Ratio (ICR) 2.15% (as at 30 Jun 2010)
Minimum initial investment $25,000
Minimum redemption amount $500.00

Top 10 holdings (as at 31 May 2024)

Holding (as at 31 May 2024) Type % of Portfolio
Goodman Group Equity 21.94%
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FAQs about the Macquarie AP - APN Property for Income

The objective of the Macquarie AP - APN Property for Income managed fund is APN FM's primary objective for the APN Unlisted Property Fund is to achieve an orderly realisation of the Fund's assets within 5 years of the Fund's commencement, in order to provide investors with progressive liquidity. APN FM's secondary objective for the APN Unlisted Property Fund is to manage the existing investments to achieve consistent income combined with some capital growth.

The strategy of the Macquarie AP - APN Property for Income managed fund is APN FM will also aim to maximise income and growth returns by managing the existing portfolio of assets to the extent that this is consistent with the primary objective to realise the Fund's assets. APN FM as responsible entity of the Fund will not invest in any new unlisted property trusts.

The APIR code of the Macquarie AP - APN Property for Income managed fund is MAQ0326AU.

Macquarie AP - APN Property for Income’s total return last month was -0.29%. This was made up of a growth return of -0.29% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

Macquarie AP - APN Property for Income’s total return for the last three months was 3.24%. This was made up of a growth return of 3.24% and an income return of 0%%. These returns were calculated as at 28 Feb 2017.

Macquarie AP - APN Property for Income’s one-year total return is 3.81%. This was made up of a growth return of 3.81% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

Macquarie AP - APN Property for Income’s one-year total return is 10.17%. This was made up of a growth return of 10.17% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

The asset allocation of the Macquarie AP - APN Property for Income managed fund is :

Cash
8.63%
Property
91.37%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Macquarie AP - APN Property for Income managed fund is Macquarie Investment Management Aus Ltd..

The Macquarie AP - APN Property for Income managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 28 Feb 2017, the size of the Macquarie AP - APN Property for Income managed fund was $0.04 million.

The Macquarie AP - APN Property for Income managed fund has an inception date of 28 Mar 2004.

The current entry price of the Macquarie AP - APN Property for Income managed fund is $1.5635 per unit and the current exit price is $1.5635 per unit (as at 28 Mar 2017).

The current exit price of the Macquarie AP - APN Property for Income managed fund is $1.5635 per unit and the current entry price is $1.5635 per unit (as at 28 Mar 2017).

The minimum initial investment amount for the Macquarie AP - APN Property for Income managed fund is $25,000.

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.