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| Manager | |
| Fund Name | |
| Strategy | |
| Latest Return Date | |
| Latest Return | |
| Latest 6 Months | |
| Latest 12 Months | |
| Latest 24 Months (pa) | |
| Annualised Since Inception | |
| Inception Date | |
| FUM (millions) | |
| Fund Overview | The Fund will invest in a number of global listed real estate companies, groups or funds. The investment strategy is to make investments in real estate securities at a price that will deliver a real, after inflation, total return of 5% per annum (before costs and fees), inclusive of distributions over a longer-term period. The Investment Strategy is indifferent to the constraints of any index benchmarks and is relatively concentrated in its number of investments. The Fund is expected to own between 20 and 40 securities, and from time to time up to 20% of the portfolio maybe invested in cash. The Fund is $A un-hedged. |
| Manager Comments | Quay noted that, considering global real estate has lagged the general equity market recovery, and given that the operating environment was generally better than expected, they saw an opportunity to redeploy cash across their preferred names, as well as top up on sectors that had been hit hardest (Healthcare and Retail). For long-term investors, Quay's view is that valuations look very attractive at current levels, however, their biggest concern remains access to capital and rent collection. To date these concerns have been allayed as more companies reported over the month. |
| More Information |
