Charter Hall Maxim Property Securities Fund
About this Fund
|FUND MANAGER||Charter Hall Property Securities Management|
|INVESTMENT STYLE||The Fund invests in an actively managed and diversified portfolio of predominantly Australian listed real estate investment trusts (A-REITs) and property related securities.|
|INVESTMENT PROFILE||The Fund seeks to outperform the Benchmark by 1.5% p.a. over rolling 3 year periods.|
|BENCHMARK||S&P/ASX 300 A-REIT Accumulation Index|
|FUND SIZE||S&P/ASX 300 A-REIT Accumulation Index|
|NO. OF HOLDINGS|
|FEES||0.85% p.a. of the NAV of the Fund|
Benefits of investing in the Charter Hall Maxim Property Securities Fund
An investment in the Fund offers the following significant benefits:
About the Fund
The Charter Hall Maxim Property Securities Fund (formerly Folkestone Maxim A-REIT Securities Fund) is a high conviction, actively managed fund.
It gives investors exposure to a mix of quality listed A-REITs that own assets across the retail, residential, commercial, industrial and real estate related social infrastructure sectors.
The aim is to outperform the S&P/ASX 300 A-REIT Accumulation Index by 1.5% p.a. over rolling 3 year periods whilst also aiming to achieve a balance between growth in the value of your Units as well as income from your investment. The returns from the Fund are not guaranteed.
The Charter Hall Maxim Property Securities Fund utilises a disciplined investment process combining in-depth fundamental research with disciplined portfolio construction and risk controls with the aim of adding consistent value over time.
The basic premise of Charter Hall Maxim Property Securities Fund's investment philosophy is that there is a close relationship between the real estate market cycle and the economic cycle.
The investment process begins with a top-down analysis of economic environment and each of the major real estate sectors and geographic sub-markets.
We believe the integration of quality research on the economic environment, capital markets and market pricing trends is critical to our decision making framework and gives us the ability to add value by identifying investment opportunities ahead of the market.
The approach includes estimates of the listed property securities yield, the net present value, net tangible assets, and gearing. Qualitative factors are also evaluated, including asset quality and management.
The combination of our research and proven investment process ensures we maintain our high conviction approach to the management of the Fund, and avoid being labelled an Index hugger.
How we invest your money
The Fund will give you exposure to a varying mix of listed A-REITs across but not limited to the retail, residential, commercial, hotel, industrial and real estate related social infrastructure sectors. The Fund may also invest in a selected range of other assets including listed property related securities, international listed property securities, cash and fixed interest. Charter Hall Maxim will make decisions about buying and selling investments of the Fund daily (often called active management), selecting individual investments and also changing the mix of the types of investments.
Charter Hall Maxim will actively adjust the investment mix within the investment guideline ranges below. The "target position is the start position for formulating the portfolio structure. Generally speaking, the target position is intended to be the investment mix of the Fund.
(Min-Max / Target)