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The Commercial Property Fund delivers diversification in the property sector by investing in the eight largest REITs on the New Zealand Exchange (NZX).
5 year p.a. index return to April 2022
Indicative dividend yield as at April 2022
Management fee p.a.
Overview
Kiwis love property. This fund provides a diversified investment into eight listed Real Estate Investment Trusts, who own and manage commercial property portfolios. This includes office buildings, industrial estates and shopping malls. Leveraging at an average of 30%, the underlying companies provide a varied exposure to over 300 properties throughout New Zealand. This fund can provide a regular income stream, however unlike bonds, the distributions are not guaranteed and valuations will vary with the business cycle. This fund tracks the S&P/NZX Real Estate Select index.
As at April 30, 2022
Company | Country | Industry | Weight |
---|---|---|---|
Precinct Properties | NZ | Office REITs | 17.80% |
Goodman Property Trust | NZ | Diversified REITs | 17.23% |
Kiwi Property Group | NZ | Retail REITs | 15.40% |
Property for Industry | NZ | Industrial REITS | 12.53% |
Vital Healthcare | NZ | Healthcare REITs | 12.33% |
Argosy Property | NZ | Diversified REITs | 10.21% |
Range of returns
VS
The best and the worst 12 month returns in 5 years to the end of March 2022*
Growth of $10k
For the 5 years to April 2022, you would be up 64.82%*
Investment Objective
The fund is designed to provide long-term capital growth and income generation.
*These are the gross index returns, not including fees or taxes.
As at April 30, 2022
3 months
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5 years
10 years
Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.
The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The lowest risk rating doesn’t mean “risk-free” and this risk indicator is not a guarantee of a Fund’s future performance.
Potentially Lower Returns
Potentially Higher Returns
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© Copyright 2022 Kernel Wealth Limited
Indices provided by: S&P Dow Jones Indices