|Asset class||Equity Global Real Estate|
|Responsible Entity||Pendal Fund Services Limited|
|Fund Manager||Natixis Investment Managers Australia Pty Limited|
|Legal type||Open end|
|Fund inception||26 Jul 2004|
|Entry / exit price (2019-07-31)||$0.9432 / $0.9408|
The Fund aims to provide a return (before fees, costs and taxes) that exceeds the return from the FTSE EPRA/NAREIT Developed ex Australia hedged in AUD Net TRI over the medium to long term.
This Fund is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of international listed property securities and are prepared to accept higher variability of returns. The Fund invests primarily in listed property securities in North American, European and Asian (ex Australia) markets.
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.
|Management Fee % PA||0.9500|
|ICR % PA||0.9500|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.13% / 0.13%|