For investors in Singapore

Global Real Estate Equity Income Fund

Actively managed, high-conviction fund focused on the managers’ best ideas in listed property stocks and REITs, and aiming to deliver long-term capital appreciation

ISIN
IE0009MIBWU7

NAV
USD 7.13
As of 2023/09/22

1-Day Change
USD -0.04 (-0.56%)
 As of 2023/09/22

Overview

INVESTMENT OBJECTIVE

A global equity fund that seeks to provide investors total returns – both capital appreciation and current income – associated with global real estate growth and development. The fund invests in a variety of publicly listed securities that derive the majority of their revenues through real estate and real estate-related activities.

Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

ABOUT THIS FUND

  • A broad investable universe and selective approach enables the team to identify stocks with attractive dividend yield and growth characteristics
  • Managed by a global team of experts based in Singapore, the UK, and the US with more than 90 years’ collective investment experience
  • Offers a liquid means of diversifying into global real estate and benefitting from powerful secular themes influencing the asset class

PORTFOLIO MANAGEMENT

Guy Barnard, CFA

Guy Barnard, CFA

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2003. Joined Firm in 2006.

Tim Gibson

Tim Gibson

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2001. Joined Firm in 2011.

Greg Kuhl, CFA

Greg Kuhl, CFA

Portfolio Manager

Industry since 2005. Joined Firm in 2015.

Performance

Cumulative & Annualised Performance (%)
As of 2023/08/31
A5m USD (Net) A5m USD (With Sales Charge)* FTSE EPRA Nareit Global REITs NR
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
2021/09/28
A5m USD (Net) -2.20 2.52 -3.75 0.88 -5.76 - - - -8.46
A5m USD (With Sales Charge)* -7.09 -2.61 -8.56 -4.17 -10.47 - - - -10.87
FTSE EPRA Nareit Global REITs NR -3.42 2.88 -2.62 1.81 -4.98 - - - -7.86
Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
*Performance with sales charge assume 5.00% initial sales charge/front-end load (FEL) applied.
© Morningstar 2023. All rights reserved. NAV-NAV, gross income reinvested where applicable.
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.25%
Ongoing Charge
(As of 2023/06/30) 		2.02%

Portfolio

Top Holdings (As of 2023/08/31)
% OF FUND
Prologis Inc 6.23
VICI Properties Inc 6.19
Welltower Inc 5.70
Digital Realty Trust Inc 4.34
Brixmor Property Group Inc 4.24
NNN REIT Inc 4.20
STAG Industrial Inc 3.95
National Storage Affiliates Trust 3.84
Agree Realty Corp 3.78
Spirit Realty Capital Inc 3.75
Total 46.22

Documents

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