NZ Commercial Property

The Commercial Property Fund delivers diversification in the property sector by investing in the eight largest REITs on the New Zealand Exchange (NZX).

Designed to track the 
S&P/NZX Real Estate Select

Index

5 year p.a. return 
to June 2020

9.68%*

The fund pays
distributions

Quarterly

Trailing P/E ratio to
June 2020

15.45

Fund Overview

Kiwis love property. This fund provides a diversified investment to eight listed 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, however unlike bonds, the distributions are not guaranteed and valuations will vary with the business cycle.

Fund Performance

We believe past performance should not be relied on to make an investment choice, so we strive to provide a range information to assist in making the best choice for your goals.

Range of Returns

The best and the worst 12 month returns in the 5 years to June 2020*

$15,872

Growth of $10,000

For the 5 years to June 2020, you would be up 58.72%*

Investment Objective

The fund is designed to provide income generation and capital growth

*These are the gross index returns, not including fees or taxes.

Fund Holdings

Transparency is key and we think you should know which companies you own within our Fund. You can find out more about constituent selection here.  

CompanyIndustry% at 30 June 2020
Goodman Property
Diversified Real Estate17.09%
Precinct Properties
Office Real Estate17.02%
Kiwi Property Group
Retail Real Estate16.83%
Property for Industry
Industrial Real Estate13.69%
Argosy Property
Diversified Real Estate11.28%
Vital Healthcare
Health Care Real Estate10.06%
Stride Property
Diversified Real Estate7.57%
Investore
Retail Real Estate6.34%

Fund Returns

Since Inception

-11.63%

3 months

7.72%

1 year 

N/A

3 years

N/A

p.a

5 years

N/A

p.a

*Returns are after fees as at 30 June 2020. See our full performance disclaimer for more details.

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 our monthly fact sheet or most recent Fund Update.

Group 53 (1)

Ready to invest in NZ Commercial Property?

You may also call us on 0800 537 635 during 9am-5pm weekdays.

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Copyright 2020 – Kernel Wealth Limited 

Indices provided by: 

Our Funds
1 MONTH
YTD
1 YEAR
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CompanyIndustry% at 30 June 2020
Goodman Property
Diversified Real Estate17.09%
Precinct Properties
Office Real Estate17.02%
Kiwi Property Group
Retail Real Estate16.83%
Property for Industry
Industrial Real Estate13.69%
Argosy Property
Diversified Real Estate11.28%
Vital Healthcare
Health Care Real Estate10.06%
Stride Property
Diversified Real Estate7.57%
Investore
Retail Real Estate6.34%
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