Freehold Australian Property Fund

Overview of the Fund

The Freehold Australian Property Fund is designed as a hybrid portfolio of listed and unlisted securities. The benchmark comprises 50% A-REITs and Listed Infrastructure portfolio and 50% Unlisted Property and Infrastructure funds.

The listed securities portfolio is screened for pure property and infrastructure characteristics and has minimal exposure to development, currency risk and other 'active' earnings.

The unlisted securities portfolio comprises a combination of institutional-grade, internally & externally managed unlisted funds, providing a diversified portfolio across the property risk spectrum.

The target allocation to unlisted assets is 70% Core, 20% Value Add and 10% Development.

Fund Details
Inception date Model Portfolio – 7th Nov 2011
Fund – 15th Feb 2015
Objective Outperform the Benchmark on a rolling 3-year basis
Benchmark Derived as the A-REITs and Listed Infrastructure Customised Index and the Unlisted Property and Infrastructure Customised Index, combined on a 50/50 basis.
Investment Timeframe 3–5 Years
Minimum Investment $10,000
Income Distribution Quarterly
Unit Pricing Weekly
Management Costs 0.165% to 1.015% p.a. (incl. GST)
Buy / Sell Spread 0.25% / 0.25%
Responsible Entity Trustee Partners
ARSN 169 952 738
APIR Code LAM0044AU

Investment Approach

The Freehold Australian Property Fund is a hybrid portfolio comprising a 50% benchmark allocation to the Freehold A-REITs & Listed Infrastructure Fund and 50% unlisted property & infrastructure funds. The target gearing range across the fund is 30-40%.

Details about the investment approach for the listed component of the Fund can be found in the Freehold Listed A-REIT & Infrastructure Fund section.

The unlisted component of the Fund is invested primarily in institutional grade core assets, including infrastructure. Additionally, there is some limited exposure to higher returning value add and development assets. There is a defined 4-step investment process to select the unlisted funds, involving fund/manager search criteria and a proprietary model using quantitative analysis to determine relative rankings.

The portfolio construction process for the Fund, which brings together the listed and unlisted sectors, considers factors such as liquidity, risk, number of positions and unlisted fund structure.

Investment Performance

The Freehold Australian Property Fund aims to provide investors with a combined return of recurring income, derived from either long term rental leases or a contracted nature, and enhanced returns from selected value add and development assets with some gearing.

Investment Performance
As at 31 October 2017
Month Quarter 1 Year 3 Years 5 Years Since inception**
Freehold Australian Property Fund 1.4% 2.4% 9.9% 12.5% 12.5% 13.9%
Combined Benchmark Index** 1.4% 3.7% 12.2% 12.8% 12.9% 13.3%
Value Added 0.0% (1.3%) (2.3%) (0.3)% (0.4%) 0.6%
S&P/ASX 300 A-REIT Accumulation Index 2.2% 4.4% 8.6% 10.9% 12.5% 14.1%

* Performance numbers are NET and assume reinvestment of distributions. Freehold Australian Property inception date – effective 7 November 2011. ** Freehold Australian Property Benchmark Index is derived as the A-REITs & Listed Infrastructure Customised Index and the Unlisted Property and Infrastructure Customised Index combined on a 50/50 basis.

Latest Performance Report

as at 31 October 2017 (PDF 114KB)

Past Performance Reports

All reports are in PDF format.

For older past performance reports please contact the administrator or login.

September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017
December 2016 November 2016

How to Invest

Applications to invest in the Freehold Australian Property Fund can be made by completing the application form attached to the Fund Product Disclosure Statement below.

Fund PDS & Application Form
(PDF 1.1MB)

Download

Withdrawal Form
(PDF 492KB)

Download

For other administrative queries or forms please contact the administrator or login.


You should obtain the product disclosure statement (PDS) relating to the offer of units in the Freehold Australian Property Fund ARSN 169 952 738 (Fund) and consider the PDS before making any decision about whether to acquire, or to continue to hold, units in the Fund. The PDS can be obtained at the link above. The issuer of units in the Fund is Responsible Entity Partners Limited ACN 119 757 596 AFSL 30454