Macquarie S/RO - 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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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.28%	5.41%	3.97%	6.7%	11.86%	12.07%	8.74%	-1.27%
Growth return	-0.28%	5.41%	3.97%	6.7%	11.86%	12.07%	8.74%	-1.27%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (S&P/ASX 200 A-REIT TR)
Total return	4.47%	9.86%	16.7%	14.49%	20.15%	15.35%	12.27%	9%

As at 28 Feb 2017. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Macquarie S/RO - APN Property for Income

Cash: 8.63%

Property & Infrastructure: 91.37%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 2.41%

Property & Infrastructure: 93.02%

Australian Equities: 4.32%

International Equities: 0.24%

Fixed Interest: 0.01%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Macquarie S/RO - APN Property for Income
Fund Status	Closed
Responsible Entity	Macquarie Investment Management Aus Ltd.
APIR Code	MAQ0339AU
Sector/Asset Class	Equity Australia Real Estate
Morningstar Rating	(as at 31 Dec 2016)
Legal Structure	Superannuation Fund
Fund Inception	24 Mar 2004
Fund Size	$0.08 million (as at 28 Feb 2017)
Entry Price	$1.8376 (as at 27 Mar 2017)
Exit Price	$1.8376 (as at 27 Mar 2017)
Fund Status	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 S/RO - APN Property for Income

What is the objective of the Macquarie S/RO - APN Property for Income managed fund?

The objective of the Macquarie S/RO - 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.

What is the strategy for the Macquarie S/RO - APN Property for Income managed fund?

The strategy of the Macquarie S/RO - 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.

What is the APIR code of the Macquarie S/RO - APN Property for Income managed fund?

The APIR code of the Macquarie S/RO - APN Property for Income managed fund is MAQ0339AU.

What was Macquarie S/RO - APN Property for Income’s total return last month?

Macquarie S/RO - APN Property for Income’s total return last month was -0.28%. This was made up of a growth return of -0.28% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

What was Macquarie S/RO - APN Property for Income’s total return for the last three months?

Macquarie S/RO - APN Property for Income’s total return for the last three months was 5.41%. This was made up of a growth return of 5.41% and an income return of 0%%. These returns were calculated as at 28 Feb 2017.

What is Macquarie S/RO - APN Property for Income’s one-year total return?

Macquarie S/RO - APN Property for Income’s one-year total return is 6.7%. This was made up of a growth return of 6.7% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

What is Macquarie S/RO - APN Property for Income’s three-year total return?

Macquarie S/RO - APN Property for Income’s one-year total return is 12.07%. This was made up of a growth return of 12.07% and an income return of 0%. These returns were calculated as at 28 Feb 2017.

What is the asset allocation of the Macquarie S/RO - APN Property for Income managed fund?

The asset allocation of the Macquarie S/RO - APN Property for Income managed fund is :

Cash: 8.63%

Property & Infrastructure: 91.37%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Macquarie S/RO - APN Property for Income managed fund?

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

What sector/asset class does the Macquarie S/RO - APN Property for Income managed fund belong to?

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

What is the size of the Macquarie S/RO - APN Property for Income managed fund?

As at 28 Feb 2017, the size of the Macquarie S/RO - APN Property for Income managed fund was $0.08 million.

What is the inception date of the Macquarie S/RO - APN Property for Income managed fund?

The Macquarie S/RO - APN Property for Income managed fund has an inception date of 24 Mar 2004.

What is the current entry price of the Macquarie S/RO - APN Property for Income managed fund?

The current entry price of the Macquarie S/RO - APN Property for Income managed fund is $1.8376 per unit and the current exit price is $1.8376 per unit (as at 27 Mar 2017).

What is the current exit price of the Macquarie S/RO - APN Property for Income managed fund?

The current exit price of the Macquarie S/RO - APN Property for Income managed fund is $1.8376 per unit and the current entry price is $1.8376 per unit (as at 27 Mar 2017).

What is the minimum investment amount for the Macquarie S/RO - APN Property for Income managed fund?

The minimum initial investment amount for the Macquarie S/RO - 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.

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