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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).
10 year p.a. return
to February 2021
13.34%*
The fund pays
distributions
Quarterly
Management fee
p.a. (before rebate)
0.39%
Indicative dividend
yield at 28 February 2021
3.41%
Fund 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, which you can find out more about here.
Fund Performance
We believe past performance should not be relied on to make an investment choice, so we strive to provide a range of information to assist in making the best choice for your goals.
Range of Returns
The best and the worst 12 month returns in the 10 years to December 2020*
$17,149
Growth of $10,000
For the 5 years to February 2021, you would be up 71.49%*
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.
| Company | Industry | % as at 28 February 2021 |
|---|---|---|
| Kiwi Property Group | Retail Real Estate | 17.25% |
| Precinct Properties | Office Real Estate | 15.92% |
| Goodman Property | Diversified Real Estate | 15.87% |
| Property for Industry | Industrial Real Estate | 13.12% |
| Argosy Property | Diversified Real Estate | 11.43% |
| Vital Healthcare | Health Care Real Estate | 10.89% |
| Stride Property | Diversified Real Estate | 9.38% |
| Investore | Retail Real Estate | 5.95% |
Returns
Fund Returns
Index Returns
Since Inception
4.25%
3 months
-1.33%
1 year
1.22%
5 years
N/A
p.a
10 years
N/A
p.a
*Returns are after fees as at 28 February 2021. 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.
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
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