Key Benefits

  1. Diversification
  2. Liquidity
  3. Tax advantaged monthly distribution
  4. Potential for capital growth

Yield

yield

4.90%

As at 31 December 20161

Fund Details

For investors looking for access to all of Cromwell’s property expertise. Accessing diversification, liquidity and exposure to both listed and unlisted property assets, all in the one single fund.

Objective Developed to meet demand from investors and financial advisers for a diversified property investment that incorporates Cromwell’s proven expertise in both listed and unlisted property
Overview We have established clear asset allocation and investment limits to ensure the Fund has prudent exposure to both listed and unlisted assets at any given time, as well as enough readily-realisable assets to maintain appropriate liquidity
Investments Listed property securities and unlisted  direct property investments.
BenchmarkBenchmarked against a combination of indices due to their relevance to the Fund's underlying investment portfolio and strategy. See the PDS dated 24 September 2013 for details.
Date commenced September 2013

Investment Strategy

The Fund has been constructed to provide a tax advantaged monthly distribution plus potential for capital growth2, by investing in a portfolio of listed and unlisted property investments. The Fund will initially hold units in the Cromwell Phoenix Property Securities Fund (“PSF”) and the Cromwell Direct Property Fund (“DPF”)3.

  • PSF provides the Fund with exposure to listed property securities that are predominantly Australian Real Estate Investment Trusts (“A-REITs”) listed on the ASX. Over time, the Fund may also invest in other property securities funds or hold listed property securities directly.
  • DPF provides the Fund’s direct property exposure.
  • The Fund may also hold up to 30% of assets in cash.

Risk Disclosure

An investment in this Fund is subject to risk. Capital growth, distributions and tax consequences cannot be guaranteed.

In the product disclosure statement dated 24 September 2013 (“PDS”), CFM has listed the key risks of investing in the Fund. CFM has not listed all risks. Where applicable, CFM has explained how it intends to manage the risks. However, risks cannot be avoided altogether and some risks are outside CFM’s control.

If a risk eventuates, it may result in reduced distributions and/or a loss of some or all of the capital value of your investment.

A potential investor should consider the risks, and their attitude towards risk in general, when considering an investment in the Fund.

As set out in Section 4 of the PDS, examples of key risks include diversification risk, property risk and Fund risk. See the PDS for further details.

How to Apply?

Direct investors are required to complete and return the application form contained in the PDS and pay their nominated investment amount.

If you have any questions, or would like to order a PDS, please contact your financial adviser or Cromwell on 1300 276 693 or email invest@cromwell.com.au