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Pendal Wholesale Plus Property Securities Fund

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101171-2022-09-30-02:39.pdf
FUND MANAGER Pendal Institutional
ASX Code
APIR BTA0540AU
ASSET CLASS PROPERTY
INVESTMENT STYLE The Fund invests into the Underlying Fund, which is an actively managed portfolio of primarily Australian property securities.
INVESTMENT PROFILE The Fund aims to provide a return (before fees, costs and taxes) that exceeds the Benchmark over the medium to long term.
CURRENCY MANAGEMENT Active management
INCEPTION DATE 04-11-2014
BENCHMARK S&P/ASX 300 A-REIT Accumulation Index
FUND SIZE S&P/ASX 300 A-REIT Accumulation Index
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS
FEES 0.60% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in the Pendal Wholesale Plus Property Securities Fund

  • Investing in the Fund offers investors a range of benefits including the following:
  • Access to a professionally managed portfolio of property securities and the potential for long term capital growth and income.
  • Access to the Manager's investment expertise and valuation-driven investment style.
  • Broad based coverage of Australian property securities.

Risk level

High
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Fund will invest into the Pendal Property Securities Fund APIR BTA0061AU (Underlying Fund), which is designed for investors who want the potential for long term capital growth and income, diversification across a broad range of Australian property securities and are prepared to accept higher variability of returns.

Mandate

How we invest your money

The Fund invests in the Underlying Fund.

The Underlying Fund invests in property securities including listed property trusts, developers and infrastructure investments. The Underlying Fund invests primarily in Australia but at times it may have some overseas exposure. Up to 15% of the Underlying Fund can be invested in international listed property securities. Up to 5% may also be invested in unlisted property investments. The Underlying Fund may also hold cash and may use derivatives.

The Manager's investment process for property securities is based on their valuation-driven investment style and aims to add value through active security selection and fundamental investment research. The Manager's valuation-driven investment style is to identify securities that are mispriced relative to their fundamental value. Their fundamental investment research focuses on financial modelling, valuation and identifying quality securities through franchise, management quality and risk factors (both financial and non-financial risk).

The Underlying Fund may have assets that are denominated in foreign currencies. This means that changes to the Australian dollar relative to foreign currencies may affect the value of the assets of the Underlying Fund. The Underlying Fund's foreign currency exposure will generally be fully hedged back to the Australian dollar to the extent considered reasonably practicable.

Derivatives may be used by the Underlying Fund to reduce risk and can act as a hedge against adverse movements in a particular market and/or in the underlying assets. Derivatives can also be used by the Underlying Fund to gain exposure to assets and markets.

The asset allocation of the Underlying Fund is:

  • Property: 80-100%
  • Cash: 0-20%