Fund Profile: Zurich Investments Aus Property Secs

Key Information

APIR codeZUR0064AU
StatusOpen
Asset classEquity Australia Real Estate
Responsible EntityZurich Investment Management Limited
Fund ManagerRenaissance Property Securities Pty Ltd
Product typeRetail
Legal typeOpen end
Fund inception28 Feb 2000
Fund size$260,934,817.00
Entry / exit price (2019-09-30)$1.4068 / $1.3984
Minimum initial$5000
Distribution frequencyQuarterly

PDS Objective

To provide investors with an income stream and capital growth over the medium to long term. The Fund aims to outperform the S&P/ASX 300 AREIT Accumulation Index over a period of five years.

What is this fund?

The Fund invests in a range of listed property securities, spread primarily across retail, commercial, industrial and residential property sectors.

What this rating means?

Superior: Suitable for inclusion on most APLs. The fund outperforms (or is likely to) its peers and benchmark the majority of the time. The fund most of the time has been operating within its mandate and PDS. There are very little to no corporate governance concerns. Management is of a very high calibre.

Fees

Management Fee % PA0.8100
ICR % PA0.8100
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.30% / 0.30%