Summary
This product is likely to be appropriate for a consumer seeking regular income returns and with the potential for capital growth, to be used as generally a Satellite to Core style investment within a portfolio where the consumer has a medium or long term investment timeframe, low to medium risk/return profile and needs medium term access to capital.
Details
Consumer's investment objective
Capital Growth
In target market
Capital Preservation
In target market
Capital Guaranteed
Not in target market
Income Distribution
In target market
More Information:
The Fund is designed for investors looking for capital
growth and regular income returns. It aims to build
a diversified portfolio of residential property assets
that provide relatively high, consistent and growing long-term income returns for investors with the potential for capital growth with a total
return over time of at least 10% p.a. (net of fees and expenses and before tax).
Consumer's intended product use
Solution/Standalone - a large allocation (75-100% of portfolio)
Potentially in target market
Core Component - a medium allocation (25-75% of portfolio)
In target market
Satellite - a small allocation (<25% of portfolio)
In target market
More Information:
The Fund invests in Australian residential property, with
around 80% of investment to be in Sydney, Melbourne &
Brisbane. The Fund aims for 90 – 100% of the properties acquired
or constructed to generate long term passive rental
income, comprising of single family homes and duplexes
in addition to small and large multi tenancy properties.
Consumer's investment timeframe
Short (<= 2 years)
Not in target market
Medium (>2 years)
In target market
Long (>8 years)
In target market
More Information:
The minimum suggested time frame for holding investments
in the Fund is between 5 – 8 years (medium to long term
investment) and is therefore likely to be appropriate for a
consumer who has a medium to long investment timeframe.
Consumer's Risk (ability to bear loss) and Return Profile
Low - can tolerate up to 1 period of underperformance over 20 years
Potentially in target market
Medium - can tolerate up to 4 periods of underperformance over 20 years
In target market
High - can tolerate up to 6 periods of underperformance over 20 years
Potentially in target market
Very High - can tolerate over 6 periods of underperformance over 20 years
Potentially in target market
More Information:
The consumer is moderate or medium risk in nature, seeking to minimise potential losses (e.g. has the ability to bear up
to 4 negative returns over a 20 year period (SRM 3 to 5)) and
comfortable with a moderate target return profile.
Residential property has historically had the lowest risk
profile and yet highest returns of most major Australian asset
classes over the 30 years ending March 2018.
Consumer's need to withdraw money
Daily
Not in target market
Weekly
Not in target market
Monthly
Not in target market
Quarterly
Not in target market
Annually or longer
In target market
More Information:
The Fund has fixed 5-year liquidity dates at which retail unitholders may seek a redemption, thereby giving rise to new investors having a 0-5 year opportunity to redeem, depending on when they invest.
