Fund Profile: Quay Global Real Estate-Daily Series

Key Information

APIR codeBFL0020AU
StatusOpen
Asset classEquity Global Real Estate
Responsible EntityBennelong Funds Management Ltd
Fund ManagerQuay Global Investors Pty Ltd
Product typeRetail
Legal typeOpen end
Fund inception29 Jan 2016
Fund size$192,408,401.00
Entry / exit price (2019-09-30)$1.3687 / $1.3612
Minimum initial$20000
Distribution frequencySemi-Annually

PDS Objective

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.

What is this fund?

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.

What this rating means?

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.

Fees

Management Fee % PA0.8200
ICR % PA1.3500
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.27% / 0.27%