Fund Monitors Pty Ltd

www.fundmonitors.com
© Copyright 2026
Printed: 21 September 2026 4:28 AM

27 May 2016 - APN AREIT Fund

By: Australian Fund Monitors
Copy Article Link

Report Date26 May 2016
ManagerAPN Funds Management Limited
Fund NameAPN AREIT Fund
StrategyReal Estate
Latest Return DateApril 2016
Latest Return3.37%
Latest 6 Months12.18%
Latest 12 Months17.19%
Latest 24 Months44.46%
Annualised Since Inception18.43%
Inception Date19 January 2009
FUM (millions)AU$1123.22
Fund OverviewEstablished in 2009, the APN AREIT Fund is a property securities fund investing in Australian Securities Exchange ('ASX') listed Australian Real Estate Investment Trusts ('AREITs') and cash/fixed interest. The Fund does not invest in direct property.

The senior management of APN FM all have significant experience in their fields. They include CEO Real Estate Securities, Michael Doble who has 25 years'experience having held various senior roles specialising in real estate valuation, consultancy and funds management. Immediately prior to joining APN in 2003 he was Head of Property at ANZ Funds Management. He is a fellow of the Australian Property Institute and FINSIA as well as holding a Bachelor of Business (Property).

The Fund aims to deliver a competitive yield with lower risk than the market. The underlying stocks are selected based on a highly disciplined investment approach that focuses on the fundamentals and number of valuation approaches. The Fund provides access to a wide spread of property-based revenue streams that are specifically analysed, selected and weighted with the aim of delivering strong and sustainable income returns. The Fund is suited to medium to long term investors seeking a relatively high monthly income and some capital growth over the long term.
Manager CommentsAPN AREIT Fund rose 3.37% in April, outperforming the S&P/ASX300 Property Trust Accumulation Index's return of 2.76%, by 0.61%. Since inception in February 2009, the Fund has returned 18.43% p.a. This has been achieved with a volatility of 12.04% p.a., to give notable Sharpe and Sortino of 1.21 and 2.01 respectively. Majority of the Fund was allocated in the Retail property sector (65%), followed by the Office property sector (18%). The Fund's top 5 holdings were in Scentre Group, Vicinity Centres, Stockland, Charter Hall Retail REIT and Dexus Property Group.

Click below to read the complete Fund Manager's Report.
More Information

Australian Fund Monitors Pty Ltd
A.C.N. 122 226 724
AFSL 324476
Email: contact@fundmonitors.com
Live chat