Macquarie Hedged Index Global Real Estate Securities Fund
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/104320-2024-03-29-02:30.pdf |
FUND MANAGER | Macquarie Investment Management |
ASX Code | |
APIR | MAQ0830AU |
ASSET CLASS | GLOBAL LISTED REAL ESTATE |
INVESTMENT STYLE | The Fund gains exposure to the performance of the Index by investing in the Macquarie True Index Global Real Estate Securities Fund (Underlying Fund) and entering into currency hedging contracts. Macquarie is the responsible entity of the Underlying Fund, which is also managed by the Investment Manager |
INVESTMENT PROFILE | The Fund provides exposure to the performance of the FTSE EPRA Nareit Developed Index Net Total Return Index (hedged in AUD) (Index). It aims to generate capital growth and income. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 16-10-2012 |
BENCHMARK | FTSE EPRA Nareit Developed Index Net Total Return Index (hedged in AUD) |
FUND SIZE | FTSE EPRA Nareit Developed Index Net Total Return Index (hedged in AUD) |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0% pa of the net asset value of the Fund |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Macquarie Hedged Index Global Real Estate Securities FundSignificant benefits |
RISK LEVEL | High |
INVESTOR SUITABILITY | The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed above and are prepared to accept the risks of the Fund set out in Section 4. |
Risks
Title | |
Detail |
Key Features
The Underlying Fund is designed to result in pre-tax returns for investors that equal the returns provided by the FTSE EPRA Nareit Developed Net Total Return Index (in AUD (unhedged)) (known as ‘True Indexing’) and seeks to achieve this by investing in shares, derivatives (including options, futures, warrants and forwards) and cash, either directly or through Underlying funds that are managed by members of the Macquarie Group (Underlying Investments) with the aim of providing exposure that closely resembles the exposure of the Index Significant features |
Mandate
True Indexing is designed to result in pre-tax returns for investors that equal the returns provided by the Index. The Fund achieves this by: a) investing in shares, derivatives (including options, futures, warrants and forwards) and cash, either directly or through underlying funds that are managed by members of the Macquarie Group (Underlying Investments) with the aim of providing exposure that closely resembles the exposure of the Index, and
These arrangements enable the Fund to provide True Indexing regardless of the performance of the Underlying Investments. Asset Allocation:
Global property securities: 100% |