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Diversified Property Fund

Direct property with sustainable income
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7.00% FORECAST FY2025 CASH DISTRIBUTION YIELD*
*Based on 30 June 2024 unit price. Subject to assumptions and not guaranteed.
AU_Master illustration_Building wealth_property_Sandstone

About the Fund

The Fund is an unlisted property fund that owns properties across Australia, diversified across convenience retail, office and industrial sectors.

With a diverse tenant base that includes many of Australia's most successful companies and brands.

Operating since August 2006, the Fund offers investors access to property investments without the obligations of direct property ownership.

Why invest?

  • Regular, monthly income
  • Potential for capital growth over the medium to long term
  • Exposure to big name brands and quality tenants
  • Access to property investments without the obligations of direct property ownership
  • Distribution reinvestment available
  • Regular savings plan
  • Quarterly withdrawals available
  • Potential for tax-deferred income
  • Suggested investment timeframe: 5 years

Investment objective

The Fund aims to provide investors with:
  • a total return* (income and capital growth) above the MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index; and
  • a stable income stream* that is at least 1% per annum above the average Commonwealth Government 10-year bond yield calculated on a rolling basis over the previous 5-year period (Fund Cash Yield Benchmark).

*The return that we aim to deliver to investors is a statement of intent, and we cannot guarantee that the Fund will achieve this return.

PROPERTY PORTFOLIO

As at 31 March 2024
7
PROPERTIES
 
10.2
WEIGHTED AVERAGE LEASE EXPIRY
98.5%
OCCUPANCY (BY INCOME)
 

Investment details

For the most recent information regarding Fund performance, unit pricing and distribution history please see below.

Historical Performance Chart

As At
1 mth %
3 mth %
6 mth %
1 yr % pa
2 yrs % pa
3 yrs % pa
5 yrs % pa

Total Return is calculated after fees and expenses and assume the reinvestment of distributions. Past performance is not a reliable indicator of future performance.

Historical performance chart assumptions

This chart assumes a notional investment of $10,000 and the reinvestments of distributions credited over the period shown. The returns are calculated after fees and expenses, and uses entry to exit prices. It does not allow for any application or exit fees which may apply to an actual client investment. Past performance is not a reliable indicator of future performance. Investment decisions should be considered in the context of the overall performance of the relevant asset class over the period shown and any economic or market changes recently occurring. You should also refer to the Product Disclosure Statement and current details for this investment which are made available on this website.

Historical Unit Price Chart

From

To

Effective date
14 May 2024
Entry price
1.0502
Exit price
1.0398

Historical unit price chart assumptions

This chart reflects an exit value at the date shown and is only intended to provide a snapshot of the movements in those prices. Past performance is not a reliable indicator of future performance. Investment decisions should be considered in the context of the overall performance of the relevant asset class over the stated period and any economic or market changes recently occurring. You should also refer to the Product Disclosure Statement and current details for this investment which are made available on this website.

Historical Distribution

Frequency Period End Cents Per Unit Reinvestment Price
Frequency Period End Cents Per Unit Reinvestment Price

Product resources

Announcements

Tax Information
Important information

Returns are calculated after fees and expenses and assume the reinvestment of distributions.

Units in this Fund are issued by ASA Funds Management Limited ABN 58 079 538 499, AFS Licence No 234455. Information provided here is general information only and current at the time of publication and does not take into account your objectives, financial situation or needs. In deciding whether to acquire, hold or dispose of the product you should obtain a copy of the Product Disclosure Statement (and any relevant Supplementary Product Disclosure Statement) and seek professional financial and taxation advice. This information is intended for recipients in Australia only. Past performance is not a reliable indicator of future performance.

Further help and information

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Resources, news and insights

Visit our investor resources to access a range of articles and features that can help you in your decision-making process.