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Principal Property Securities - Managed Fund (Closed)

Fund Objective
The Fund aims to achieve a total return of 1.5% per annum above the S&P/ASX 300 Property Accumulation Index (Index), before fees, over rolling three-year periods.
Fund Strategy
The Fund invests primarily in Australian listed property securities across the retail, residential, commercial, industrial and hotel sectors. The Fund is actively managed against the S&P/ASX300 Property Accumulation Index ('Index'). The majority of the Fund's investments are in stocks within this Index. However, subject to strict risk controls the Fund can also invest in carefully selected stocks that fall outside this Index, including international listed property securities.

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 2.35% 7.51% 13.04% 22.37% 20.88% 17.56% 17.25% 2.15%
Growth return 1.44% 6.56% 11.48% 19.86% 17.05% 13.91% 13.04% -4.46%
Income return 0.91% 0.95% 1.56% 2.51% 3.83% 3.65% 4.21% 6.61%
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 30 Jun 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Principal Property Securities
Cash
1.72%
Property
98.28%
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
Principal Property Securities (Wholesale)
Closed
Principal Global Investors (AUS) Ltd
PRE0001AU
Equity Australia Real Estate
starstarstar (as at 30 Jun 2016)
Investment Fund
1 Apr 2003
$5.2 million (as at 30 Jun 2016)
$0.8137 (as at 21 Jul 2016)
$0.8097 (as at 21 Jul 2016)
Finalised
Offer information
Type Description
MER 0.80% (as at 31 Oct 2006)
Indirect Cost Ratio (ICR) 0.80% (as at 30 Sep 2015)
Minimum initial investment $500,000

Top 10 holdings (as at 30 Jun 2016)

Holding (as at 30 Jun 2016) Type % of Portfolio
Scentre Group Equity 22.43%
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FAQs about the Principal Property Securities

The objective of the Principal Property Securities managed fund is The Fund aims to achieve a total return of 1.5% per annum above the S&P/ASX 300 Property Accumulation Index (Index), before fees, over rolling three-year periods.

The strategy of the Principal Property Securities managed fund is The Fund invests primarily in Australian listed property securities across the retail, residential, commercial, industrial and hotel sectors. The Fund is actively managed against the S&P/ASX300 Property Accumulation Index ('Index'). The majority of the Fund's investments are in stocks within this Index. However, subject to strict risk controls the Fund can also invest in carefully selected stocks that fall outside this Index, including international listed property securities.

The APIR code of the Principal Property Securities managed fund is PRE0001AU.

Principal Property Securities’s total return last month was 2.35%. This was made up of a growth return of 1.44% and an income return of 0.91%. These returns were calculated as at 30 Jun 2016.

Principal Property Securities’s total return for the last three months was 7.51%. This was made up of a growth return of 6.56% and an income return of 0.95%%. These returns were calculated as at 30 Jun 2016.

Principal Property Securities’s one-year total return is 22.37%. This was made up of a growth return of 19.86% and an income return of 2.51%. These returns were calculated as at 30 Jun 2016.

Principal Property Securities’s one-year total return is 17.56%. This was made up of a growth return of 13.91% and an income return of 3.65%. These returns were calculated as at 30 Jun 2016.

The asset allocation of the Principal Property Securities managed fund is :

Cash
1.72%
Property
98.28%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Principal Property Securities managed fund is Principal Global Investors (AUS) Ltd.

The Principal Property Securities managed fund belongs to the Equity Australia Real Estate sector/asset class.

As at 30 Jun 2016, the size of the Principal Property Securities managed fund was $5.2 million.

The Principal Property Securities managed fund has an inception date of 1 Apr 2003.

The current entry price of the Principal Property Securities managed fund is $0.8137 per unit and the current exit price is $0.8097 per unit (as at 21 Jul 2016).

The current exit price of the Principal Property Securities managed fund is $0.8097 per unit and the current entry price is $0.8137 per unit (as at 21 Jul 2016).

The minimum initial investment amount for the Principal Property Securities managed fund is $500,000.

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.