Presima - Fund information | MLC Asset Management

Fund information

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Presima Global Property Securities Concentrated Fund

Fund description: The Fund invests in an actively managed portfolio of property securities listed on share markets around the world. The Fund’s foreign currency exposures will be substantially hedged to the Australian dollar.

Investment approach: Presima has a disciplined, research-driven investment approach to managing the Fund. Through its extensive fundamental research the investment team seeks to identify high quality, undervalued investment opportunities within the global listed property securities market.

Presima’s research gains insights into the fundamental value of listed property securities. It selects investments using a bottom-up approach, which starts with an indepth understanding of the issuer’s properties, management and competitive advantage. Presima’s investment team builds proprietary financial models on the larger issuers of listed property securities in the investment universe. These models allow the investment team to screen and compare risk-adjusted expected returns across issuers in real time.

Fund facts

The above is just a snapshot of the Fund's terms and features. Further terms and conditions are set out in the Fund's PDS.
Fund objective	The Fund aims to provide a total return of 2% p.a. or more above the Benchmark over rolling four year periods (before fees).
APIR code	PPL0026AU
Inception date	31 May 2013
Benchmark	FTSE EPRA/NAREIT Developed Index Net, hedged to the Australian dollar.
Minimum suggested timeframe	5 years or more (Please note this is a guide not a recommendation).
Management fee	1.00% p.a. of the Fund’s net asset value (including GST net of Reduced Input Tax Credit)
Minimum initial investment	$20,000
Minimum additional investment	$1,000
Risk level (expected volatility)	High: While the Trust offers investors the potential for higher returns over the long term compared to funds investing in other types of assets such as fixed income or cash, the high level of volatility in the Trust means the likelihood of the value of your investment going down over the short term is relatively high.
Distribution frequency	Half yearly
Indicative asset allocation ranges	Global developed markets: 80%-100% Global emerging markets: 0%-10% Cash and cash equivalents: 0%-10%
Typical number of stocks	30-40
Research ratings	Lonsec: Rated Zenith: Rated

Unit prices

Effective date	Entry price	Exit price
21/09/2020	0.816552	0.814107

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How to invest in the fund

Direct investors

Speak to your financial adviser for more information or invest directly through the Product Disclosure Statement available under Resources.

Advisers

Speak to your Business Development Manager for more information on available platforms.

ASX mFund Settlement Service

If you don’t have an existing stockbroking account, contact a participating broker, such as nabtrade, opens in new window, today. A complete list of participating stockbrokers can be found on the ASX website, opens in new window.