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.
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
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.
How to invest in the fund
Speak to your Business Development Manager for more information on available platforms.