Fund Profile: Charter Hall Maxim Property Securities

Key Information

APIR codeCOL0001AU
StatusOpen
Asset classEquity Australia Real Estate
Responsible EntityOne Managed Investment Funds Limited
Fund ManagerFolkestone Maxim Asset Management
Product typeRetail
Legal typeOpen end
Fund inception17 Oct 2005
Fund size$152,084,977.00
Entry / exit price (2019-08-31)$1.0627 / $1.0573
Minimum initial$5000
Distribution frequencyQuarterly

PDS Objective

The aim is to outperform the S&P/ASX 300 A-REIT Accumulation Index by 1.5% p.a. over rolling 3 year periods whilst also aiming to achieve a balance between growth in the value of your Units as well as income from your investment.

What is this fund?

Folkestone Maxim utilises a disciplined investment process combining in-depth fundamental research with disciplined portfolio construction and risk controls to add consistent value over time. The basic premise of Folkestone Maxim's investment philosophy is that there is a close relationship between the real estate market cycle and the economic cycle.

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 % PA0.9500
ICR % PA0.9000
Entry / Exit %0.0000/0.0000
Switching %0.0000
Buy / Sell Spread 0.25% / 0.25%