Resolution Capital Core Plus Property Securities Fund
The Resolution Capital Core Plus Property Securities Fund ('the Core Plus Fund')
gives Investors access to the benefits of listed real estate diversification through
a professionally managed portfolio of Australian Real Estate Investment trusts ('A-REITs').
Resolution Capital seeks to further enhance returns by investing up to 20% of the
Core Plus Fund in REITs listed on exchanges other than the Australian Securities
Exchange.
Investment Syle
The Core Plus Fund will invest in a diversified portfolio of predominantly Australian
listed real estate securities, in addition to a concentrated, high conviction portfolio
of up to 20% international real estate securities.
Resolution Capital assess A-REITs against an extensive universe of global REITs
and in the broader context of investment themes that drive our investment in global
REITs.
Our investment team travels extensively to gauge local markets, inspect properties
and talk with management and market participants, with approximately 300 meetings
held every year. However our focus is always on seeking to identify the long term
growth drivers of these markets, rather than the shorter term 'noise' that often
preoccupies regional investors.
Investment Objective
The Core Plus Fund's investment objective is to exceed the total returns of the
S&P/ASX 300 A-REIT Accumulation Index (the 'Core Plus Benchmark') after fees
by 1.45% per annum on a rolling 3 year basis. In doing so, the Core Plus Fund
aims to provide Investors with a level of distributable income combined with the
potential for long term capital growth sourced from real estate based revenue streams.
Resolution Capital intends to hedge the capital component of the Fund.
Benchmark
The Benchmark for the Core Plus Fund is the S&P/ASX 300 A-REIT Accumulation
Index.
For any Unitholder information please contact the Fund Administrator:
FundBPO Pty Ltd
GPO Box 4968
Sydney NSW 2001
Tel: 1300 133 451
Fax: +61 2 9251 3525
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