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MLC Wholesale Global Property Fund (Class A)

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/106860-2024-08-14-02:50.pdf
FUND MANAGER MLC Asset Management
ASX Code
APIR MLC0786AU
ASSET CLASS AUSTRALIAN EQUITIES
INVESTMENT STYLE

The Trust invests primarily in listed property securities around the world, including listed REITs and companies across most major listed property sectors.

INVESTMENT PROFILE

It doesn't invest in direct property.
Foreign currency exposures will be substantially hedged to the Australian dollar.

CURRENCY MANAGEMENT
INCEPTION DATE
BENCHMARK FTSE EPRA NAREIT Developed ex Aus Rental 100% Hedged to AUD Net Tax (Super) Index
FUND SIZE FTSE EPRA NAREIT Developed ex Aus Rental 100% Hedged to AUD Net Tax (Super) Index
DISTRIBUTION FREQUENCY
NO. OF HOLDINGS
FEES Estimated to be 0.87% pa of the Trust’s NAV
STRUCTURE

Benefits

Benefits

How the Trust works

 

The MLC Wholesale Global Property Fund is one of MLC’s single sector trusts. It invests in global listed property securities and suits investors looking for a complete investment solution for that asset class. The Trust benefits from the strength of our investment experts' manager research capability, experience and knowledge of investing.

 

About the Trust The Trust

 

operates like most other managed investment schemes. Your money is pooled together with other investors’ money to buy investments which are managed on behalf of all investors. When you invest in a managed investment scheme, such as the Trust, you gain exposure to investments that you may not ordinarily have access to, if you invest on your own. When your money is paid into the Trust, you are issued with units and when money is paid out, your units are cancelled. The unit price will reflect, among other things, the performance of the underlying assets, which are in turn influenced by movements in investment markets. Our unit pricing philosophy is available at mlc.com.au. For more details on our policies relating to unit pricing please contact us. The Trust has multiple classes of units on issue. Class A units are issued to all investors other than MLC MasterKey Investment Service. Class B Units are issued to the MLC MasterKey Investment Service. The Trust is part of a larger suite of wholesale trusts collectively known as the MLC Investment Trusts. The PDSs for other trusts in the suite are available at mlcam.com.au/mlctrusts/pds You should read the relevant PDS before making an investment decision in respect of these trusts. The Trust is governed by its constitution and is registered with the Australian Securities and Investments Commission (ASIC). ASIC takes no responsibility for this PDS or the operation of the Trust by MLC.

Investing via an IDPS

The most common way to access the Trust is via an IDPS. If you invest in the Trust through an IDPS, then you don’t hold units in the Trust and you have none of the rights of a unitholder. Instead, the IDPS holds units on your behalf. Investing through an IDPS may result in different conditions applying from those referred to in this PDS including:

- minimum balance requirements

 - fees and other costs

- cooling-off rights 

- how to transact on your investment 

- timing of processing of transactions and payment of distributions and withdrawals, 

- and provision of statements and other information. 

You should contact your financial adviser or IDPS operator for further information. We authorise the use of this PDS as disclosure to persons who wish to access the Trust through an IDPS. This PDS must be read together with offer documents provided by the IDPS operator.

RISK LEVEL 6
INVESTOR SUITABILITY

TheTrust may be suited to you if:

  • you want to invest in an actively managed Australian share trust that’s diversified across investment managers, industries and companies
  • you want long-term growth in the value of your investment and some income
  • you understand that there can be very large fluctuations in income and the value of your investment.

Risks

Title
Detail

Key Features

Investing with us

Our trusts have different investment objectives because we know everyone has different requirements about how their money
should be managed.

Our trusts make sophisticated investing
straightforward. Our investment experts use a market-leading
investment approach to structure our trusts with the aim of delivering more reliable returns in many potential market environments.

And, as their assessment of world markets changes, our trusts are evolved to capture new opportunities and manage new risks.
MLC Asset Management uses specialist investment managers in our trusts. They research hundreds of investment managers
from around the world and select the managers they believe are the best for our trusts. Investment managers may be specialist
in-house managers, external managers or a combination of both.
Importantly, we stay true to the objectives of our trusts, so you can keep on track to meeting your goals.

 

Keeping up to date

Recent information on the Trust is available on our Fund Profile Tool at mlcam.com.au/mlctrusts. It’s an easy to use, interactive tool that gives you insight into how your money is managed including where your money is invested, the investment managers and how your investments are performing

 

About the Trust

The Trust operates like most other managed investment schemes. Your money is pooled together with other investors’ money to buy investments which are managed on behalf of all investors. When you invest in a managed investment scheme, such as the Trust, you gain exposure to investments that you may not ordinarily have access to, if you invest on your own. When your money is paid into the Trust, you are issued with units and when money is paid out, your units are cancelled. The unit price will reflect, among other things, the performance of the underlying assets, which are in turn influenced by movements in investment markets. Our unit pricing philosophy is available at mlc.com.au. For more details on our policies relating to unit pricing please contact us. The Trust is part of a larger suite of wholesale trusts collectively known as the MLC Investment Trusts. The PDSs for other trusts in the suite are available at mlcam.com.au/mlctrusts/pds You should read the relevant PDS before making an investment decision in respect of these trusts. The Trust is governed by its constitution and is registered with the Australian Securities and Investments Commission (ASIC). ASIC takes no responsibility for this PDS or the operation of the Trust by MLC.

 

Applications and withdrawals

We have the discretion to accept or refuse any initial application or additional investment without explanation. You can request a partial or a full withdrawal to a nominated bank account at any time by sending a completed Application/Instruction Form by post or emailing a scanned copy to Registry Services. The Application/Instruction Form is available on request from us on 1300 738 355. Generally, withdrawal requests will be actioned by us promptly to enable us to make payments within 10 Business Days. Actioning of withdrawal requests and payment may be delayed, for example, if underlying assets need to be sold. In certain circumstances, such as when there are adverse market conditions, we may suspend withdrawals. We may also process requests in instalments over a period of time and may also suspend processing of requests we have already accepted. In certain circumstances we may refuse a withdrawal request. Where withdrawals are delayed, suspended or being paid in instalments, the unit prices used for a withdrawal will be those available on the day the withdrawal takes effect, rather than the day of the withdrawal request. In the unlikely event that the Trust is no longer liquid (as defined in the Corporations Act 2001 (Cth)), you may only withdraw your funds in accordance with any withdrawal offer that we make.

Mandate

How we invest your money

 

The Trust invests primarily in listed property securities around the world, including listed REITs and
companies across most major listed property sectors. It doesn't invest in direct property.
Foreign currency exposures will be substantially hedged to the Australian dollar

 

Assett allocation

  • 100% Global listed property securities