Key Benefits
- Monthly withdrawals1
- Low volatility
- Tax advantaged income stream with a strong yield
- Security through a seven year term
Yield
6.0%
As at 30 September 20202
Key Events
| Distribution payment – Monthly | Approximately 10 days after the end of each month |
|---|---|
| September 2020 Quarterly Investment Statement | 29 October 2020 |
Fund Details
For investors looking for reliable monthly distributions from a diversified high quality commercial property portfolio with restricted monthly liquidity. The portfolio is also underpinned by long term leases to blue chip tenants.
| Objective | To provide investors with diversification and access to a strong income stream with capital growth potential3. |
|---|---|
| Overview | Provides exposure to property throughout Australia either directly or through investments in unlisted property trusts.4 |
| Investments | The Fund currently delivers diversification across ten properties located throughout New South Wales, Queensland, Victoria, South Australia and the Australian Capital Territory. |
| Benchmark | Performance is benchmarked against the PCA / IPD Australia Unlisted Retail Property Fund Core Index. |
| Date commenced | August 2013 |
| Withdrawal Amount | The amount available to meet withdrawal requests in any month will be the greater of an amount equal to 0.5% of the Fund’s net asset value (approximately $1.6 million available for withdrawals submitted throughout the month of November) and (if CFM believes it appropriate given the Fund’s future cash requirements) the amount by which the Fund and its sub-trust’s cash exceeds 6% of its net asset value. |
Investment Strategy
We plan to deliver on the Fund’s investment objective by investing directly, or through unlisted property trusts, in non-residential Australian property with a primary focus on high quality commercial, industrial and retail property leased to government and blue chip tenants on long leases. The current portfolio provides investors with diversification across eleven properties and access to a strong income stream, a portion of which is expected to be tax deferred.
Risk Disclosure
An investment in this Fund is subject to risk. Capital growth, distributions and tax consequences cannot be guaranteed.
In the 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 268 078 or email invest@cromwell.com.au
