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

10 year p.a. return 
to August 2020

13.31%*

The fund pays
distributions

Quarterly

Indicative dividend
yield at 31 July 2020

4.07%

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.

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 18 September 2020
Goodman PropertyDiversified Real Estate18.09%
Precinct PropertiesOffice Real Estate17.91%
Kiwi Property GroupRetail Real Estate15.86%
Property for IndustryIndustrial Real Estate13.26%
Argosy PropertyDiversified Real Estate10.80%
Vital HealthcareHealth Care Real Estate9.88%
Stride PropertyDiversified Real Estate7.42%
InvestoreRetail Real Estate6.29%

Returns

Since Inception

-2.52%

3 months

10.42%

1 year 

-3.47%

5 years

N/A

p.a

10 years

N/A

p.a

*Returns are after fees as at 31 August 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: 

CompanyIndustry% at 18 September 2020
Goodman PropertyDiversified Real Estate18.09%
Precinct PropertiesOffice Real Estate17.91%
Kiwi Property GroupRetail Real Estate15.86%
Property for IndustryIndustrial Real Estate13.26%
Argosy PropertyDiversified Real Estate10.80%
Vital HealthcareHealth Care Real Estate9.88%
Stride PropertyDiversified Real Estate7.42%
InvestoreRetail Real Estate6.29%
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