Fund Profile: Charter Hall Maxim Property Securities

Key Information

APIR codeCOL0001AU
StatusOpen
Asset classEquity Australia Real Estate
Responsible EntityOne Managed Investment Funds Limited
Fund ManagerCharter Hall Property Securities Management Ltd
Product typeRetail
Legal typeOpen end
Fund inception17 Oct 2005
Fund size$135,352,538
Entry / exit price (2020-07-31)$0.8344 / $0.8302
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?

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