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VanEck FTSE International Property (Hedged) ETF (REIT)

Slowing Economic Growth and Three Sectors Set to Benefit

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/101812-2022-03-09-17:46.pdf
FUND MANAGER VanEck Investments Limited
ASX Code REIT*
APIR
ASSET CLASS EXCHANGE TRADED FUNDS
INVESTMENT STYLE REIT gives investors access to a diversified portfolio of international property securities from developed markets (ex Australia) with returns hedged into Australian dollars.
INVESTMENT PROFILE REIT aims to provide investment returns (before fees and other costs) which track the performance of the Benchmark.
CURRENCY MANAGEMENT Hedged
INCEPTION DATE 15-10-2021
BENCHMARK FTSE EPRA NAREIT Developed ex Australia Rental Index AUD Hedged
FUND SIZE FTSE EPRA NAREIT Developed ex Australia Rental Index AUD Hedged
DISTRIBUTION FREQUENCY Quarterly
NO. OF HOLDINGS Around 400
FEES 0.43% p.a.
STRUCTURE

Benefits

Benefits

Benefits of investing in REIT

The Fund provides investors with:

  • cost effective and easy access to a diversified portfolio of international listed equities via a single trade on ASX;
  • hedging against currency risk;
  • transparency of holdings, pricing and performance;
  • flexibility of intraday ASX trading capability; and
  • less paperwork than investing directly in international securities.

Compared to unlisted actively managed funds, investors benefit from: trading via live prices on ASX; potentially lower costs; liquidity; transparency and intraday trading.
RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

REIT gives investors access to a diversified portfolio of international property securities from developed markets (ex Australia) with returns hedged into Australian dollars. REIT aims to provide investment returns before fees and other costs which track the performance of the Index.

Index description

The FTSE EPRA Nareit Developed ex Australia Rental Index AUD Hedged consists of securities that are real estate investment trusts (REITs) and companies listed on the exchanges of the world's major developed economies (ex Australia) that own real estate assets and derive >70% of their EBITDA from rental income.

Mandate

How we invest your money

The Fund is designed to give investors low-cost access to the returns of international property securities, hedged into Australian dollars. It does this by investing in companies and real estate investment trusts (REITs) listed in developed countries around the world that derive a significant portion of their EBITDA from rental income. The Fund is hedged to Australian dollars so the value of the Fund is relatively unaffected by currency fluctuations.

The Fund employs a passive management strategy of investing directly in the securities that comprise the relevant Reference Index.

For REIT, this Index is the FTSE EPRA NAREIT Developed ex Australia Rental Index AUD Hedged.

The securities in the Index are real estate investment trusts (REITs) and companies that own real estate assets that derive a significant portion of their EBITDA from rental income and are listed on exchanges in the world's major developed economies.

For information on how this Index is calculated, see pages 17 and 18 of the PDS.