|Asset class||Equity Global Real Estate|
|Responsible Entity||Bennelong Funds Management Ltd|
|Fund Manager||Quay Global Investors Pty Ltd|
|Legal type||Open end|
|Fund inception||29 Jan 2016|
|Entry / exit price (2019-07-31)||$1.2958 / $1.2887|
To generate a real total return of at least 5% above CPI per annum over a 5+ year investment horizon. The return objective is before fees and costs.
Investments will be limited to listed real estate securities of entities on stock exchanges from around the world, where the majority of income is derived from leases, rent and other real estate related income. The Fund may also use exchange traded derivatives for non-currency hedging purposes or to gain exposure to investment markets where the underlying economic exposure is consistent with the Investment Objective of the Fund.
Outstanding : Highly suitable for inclusion on APLs. The fund most often outperforms its peers and benchmark. In all cases the fund is operating to its mandate and product disclosure statement (PDS). There are no corporate governance issues. Management is extremely experienced and skilled and has access to significant resources.
|Management Fee % PA||0.8200|
|ICR % PA||2.1400|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.27% / 0.27%|