|Asset class||Equity Australia Real Estate|
|Responsible Entity||One Managed Investment Funds Limited|
|Fund Manager||Folkestone Maxim Asset Management|
|Legal type||Open end|
|Fund inception||17 Oct 2005|
|Entry / exit price (2019-10-31)||$1.0476 / $1.0424|
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.
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||0.9000|
|Entry / Exit %||0.0000/0.0000|
|Buy / Sell Spread||0.25% / 0.25%|