Summer Listed Property

For a printable version of this performance information, please click here.

Summer Listed Property fund performance summary as at 31 July 2018. 

Fund at a glance

Unit price (as at 31 July 2018): $1.0961

Date the fund started: 19 September 2016

For information on fees, see our Fees page.

Further information can be found in the product disclosure statement

Fund objective and strategy

See the Listed Property page for the Summary of investment objective and strategy.

Fund returns

 Annualised total since inception1 Month3 Months1 Year
Fund 5.19% 1.41% 5.98% 11.43%

Fund returns are calculated net of fund charges, trading expenses and accrued tax for a New Zealand resident individual paying tax at the highest Prescribed Investor Rate (28%). 

Top 10 investments

  Asset name % of fund net assets
1 Kiwi Property Group Limited 16.05%
2 Goodman Property Trust 15.03%
3 Precinct Properties New Zealand Limited 14.79%
4 Property For Industry Limited 9.77%
5 Stride Property Group  8.56%
6 Vital Healthcare Property Trust 6.57%
7 ANZ Cash Deposit 5.25%
8 Investore Property Limited 4.96%
9 Lendlease Group  3.13%
10 Unibail-Rodamco SE 3.01%

 

The top 10 investments make up 87.12% of the fund.

Manager's comments

We actively manage the fund’s foreign currency exposures. As at 31 July 2018, these exposures represented 16.68% of the value of the fund and were unhedged.

The next Manager’s commentary will be included in the September Performance Summary (available October 2018).

 

For more information on the Summer Listed Property fund, read the latest quarterly fund update.

This is not a recommendation to buy or sell any financial product and does not take your personal circumstances into account. All opinions reflect our judgement on the date of communication and may change without notice. Past performance is not a reliable guide to future performance. We recommend you take financial advice before making investment decisions. We have prepared this web page in good faith based on information obtained from other sources, but we do not guarantee the accuracy of that information. We do not make any representation or warranty (express or implied) that this web page is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this web page.