NZ Commercial Property

For getting on the commercial property ladder

DESIGNED TO TRACK THE 

INDEX

S&P/NZX REAL ESTATE SELECT

THE NUMBER OF COMPANIES

8

YOU’RE INVESTED IN 

ASSET CLASS

NZ SHARES

THE FUND PAYS 

QUARTERLY

DISTRIBUTIONS

INVESTMENT MANAGEMENT

0.39%

FEE

About the Fund

Kiwis love property. While this is no stretch of houses or developer of a new subdivision, it is a diversified exposure to eight large Real Estate Investment Trusts, who own and manage commercial property portfolios. That 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, while being a good hedge against inflation. However, unlike bonds, the distributions are not guaranteed and valuations will vary with the business cycle.

Fund Highlights

Range of Returns

The best and worst 12 month return in the 10 years to October 2019*

Growth of $10,000

$20,200

For the 5 years to October 2019, you would be up 102%*

Investment Objective
Income generation
Income Generation
Capital Growth
Capital Growth

Fund Holdings

CompanyIndustry% at 30 Nov 2019
Kiwi Property Group
Retail Real Estate18.13%
Goodman Property
Diversified Real Estate18.06%
Precinct Properties
Office Real Estate17.33%
Property for Industry
Industrial Real Estate12.26%
Argosy Property
Diversified Real Estate12.23%
Vital Healthcare
Health Care Real Estate9.51%
Stride Property
Diversified Real Estate8.54%
Investore
Retail Real Estate3.93%
View All Holdings

Fund Returns

At 30 Nov 20193 Months1 Year3 Year5 YearSince inception
Return-0.92%30.57%**16.73%**14.37%**0.05%

Returns Disclaimer: Investor returns are calculated on unit price movement, assuming distributions are reinvested and after fees, but before your applicable PIE tax. Fund inception date is 28 Aug 2019. 

*These are gross index returns, not including fees or taxes. **Gross index return figures, not including fees or taxes, have been used for time periods where the fund has not been in existence. All yearly returns are annualised.

Risk and Returns

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. For more information, read the Fund Update and PDS.

Risk Indicator 4

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1.

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2.

Deposit your money and choose your first investment

3.

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Copyright 2019 – Kernel Wealth Limited 

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