APN Property for Income Fund
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The APN Property for Income Fund (ARSN: 090 467 208) is a property securities fund predominantly investing in Australian listed and unlisted property securities.

Investment objectives

  • Provide a high level of distributable income by achieving a gross annual income yield that is equivalent to at least 110% of the average of the S&P/ASX 200 AREIT Dividend Yield;
  • Maintain the tax advantaged proportion of distribution above 20%; and
  • Provide a level of capital growth which at least matches increases in CPI combined with a low level of price volatility.

Benefits

  • Focus on listed and unlisted property securities which offer relatively higher yields and lower than market volatility.
  • Unlike many property securities funds which invest significantly on the basis of index weighting, APN determines the relative value of each property security.
  • Disciplined investment strategy designed to reduce both market and specific risk.
  • Monthly distributions.
  • Nil entry and exit fees.
  • Tax advantaged income component.

This fund is suited to

  • Investors seeking relatively high levels of income.
  • Investors seeking tax effective income.
  • SMSFs - Ideal for investors managing their own retirement.
  • Investors wanting access to a diversified portfolio of listed and unlisted Australian property securities.

Standard Risk Measure

APN has adopted the Standard Risk Measure developed by the Association of Superannuation Funds of Australia (ASFA) and the Financial Services Council (FSC) set out in the paper ‘Standard Risk Measure: Guidance Paper For Trustees.’ The Standard Risk Measure is based on industry guidance to allow unitholders to compare investments that are expected to deliver a similar number of negative annual returns over any 20 year period. The Standard Risk Measure is not a complete assessment of all forms of investment risk. Investors should still ensure they are comfortable with the risks and potential losses associated with their chosen investments.

AT A GLANCE
Current running yield*
5.63% as at 24 Jul 17
Latest unit price($)
24 Jul 17 Entry 2.2184 Exit 2.2072 History...
Commencement date
28 August 1998
Fund size
$147.05m as at 24 July 2017
Investment timeframe
Minimum 5 - 7 years
Minimum investment
$1,000.00
Income distribution
Monthly
Buy/sell spread
0.25% buy and 0.25% sell
Research ratings
SQM Research - Sep 2016
Morningstar - Jun 2015
Lonsec - May 2017
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