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 as at 31 October 2023
Indicative dividend yield as at 31 October 2023
Management fee p.a.
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 October 31, 2023
Precinct Properties New Zealand Limited
Goodman Property Trust
Kiwi Property Group Limited
Property for Industry Limited
Vital Healthcare Property
Health Care REITs
Argosy Property Ltd
Range of returns
The lowest and highest 12 month returns, in 5 years to the end of October 2023*
Growth of $10k
For the 5 years to 31 October 2023, an investment of $10,000 would be up 15.16%*
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 October 31, 2023
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.
This fund invests in global real estate companies with weighting towards sustainable practices.
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