|Asset class||Equity Australia Real Estate|
|Responsible Entity||One Managed Investment Funds Limited|
|Fund Manager||Charter Hall Property Securities Management Ltd|
|Legal type||Open end|
|Fund inception||17 Oct 2005|
|Entry / exit price (2020-07-31)||$0.8344 / $0.8302|
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.
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.
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||0.9500|
|ICR % PA||0.9000|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.25% / 0.25%|