Key Benefits
- Access to Phoenix Portfolios Pty Ltd
- Funds under Management Capped
- Diversified Portfolio
- Benchmark Unaware Portfolio
- Low fees
Key Events
| June Distribution payment | 17 July 2020 |
|---|---|
| June Quarterly Statement | 31 July 2020 |
| AMMA (tax) Statement released | 31 July 2020 |
Fund Details
This award winning Fund is one of the top performing property securities funds in Australia, with underlying investments chosen by investment manager, Phoenix Portfolios.
| Objective | The Fund aims to deliver a total return (after fees) in excess of the S&P/ASX 300 A-REIT Accumulation Index over three to five years with lower overall volatility of capital. |
|---|---|
| Overview | This award winning Fund is one of the top performing property securities funds in Australia. |
| Investments | The Fund will invest primarily in Australian property securities listed on the ASX which hold underlying investments including office, retail, industrial and hotel assets. The Fund may also invest in a selected range of other assets, including listed property related securities, international listed property securities, cash and fixed interest. |
| Benchmark | S&P/ASX300 A-REIT Accumulation Index |
| Date commenced | April 2008 |
Investment Strategy
The Fund provides investors with exposure to a broad range of Australian Securities Exchange listed property stocks which hold underlying investments including office, retail, industrial and hotel assets.
The Fund will not be constrained by benchmark considerations and instead will be managed in a ‘benchmark unaware’ manner.
Risk Disclosure
All investments carry risk. You should consider the Fund’s risks in light of your personal circumstances and your attitude towards risks. The key risks of investing in the Fund are typical of the risks associated with managed investment schemes that invest in shares of Australian listed companies. It is important that you know that the value of your investment will go up and down over time, the Fund’s returns will vary over time, future returns may differ from past returns, and returns are not guaranteed. All of this means that there is always the chance that you could lose money on your investment.
As set out in Section 4 of the Product Disclosure Statement dated 29 September 2017 (“PDS”) and the Additional Information Document dated 29 September 2017 (“AID”), the significant risks for the Fund are security specific risk, market risk, legal and regulatory risk, manager risk, derivative risk, and liquidity risk. You should read the important risk information in Section 4 of the PDS and AID before making a decision. The material may change between the time when you read the PDS and the day that you acquire the product.
Risk level
CFM believes that the Fund’s risk level is medium. The risk of your investment falling in value over the short term is high when compared to investments in managed investment schemes that invest in asset classes such as cash or fixed interest securities. However, the Fund offers potentially more favourable returns over the medium to long term than cash or fixed interest securities. This is why the minimum suggested timeframe for an investment in the Fund is at least three to five years.
How to Apply?
Direct investors are required to complete and return the application form accompanying the PDS and pay their nominated investment amount.
If you have any questions regarding the Fund, or would like to order a PDS, please contact your financial adviser or Cromwell Investor Services directly on 1300 268 078 or email invest@cromwell.com.au.
