Dexus Global REIT Fund
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Financial advisers, SMSF, direct investors, wholesale investors, family offices + international investors
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Access defensive growth opportunities leveraged to accelerating global trends
The Dexus Global REIT Fund (DXGRF) is an actively managed fund providing investors with exposure to a diversified portfolio of global listed property securities.
Investing for sustainable growth, relative total return and lower-than-market volatility, DXGRF invests in a portfolio of Real Estate Investment Trusts (REITs) listed in North America, Europe and Asia Pacific, concentrating on the regions and property types where developing structural trends and local fundamentals are driving the best prospects for sustained rental growth and total investment return.
DXGRF is designed for investors looking to access the relatively defensive and real asset qualities of commercial property through an actively managed portfolio of listed real estate securities. The fund offers global diversification and access to thousands of individual properties, along with further diversification via exposure to real estate types not available within the Australian market.
Fund benefits
Diversification
Investing in a property securities fund gives you access to REITs across global markets providing you with investment, geographic, sector and tenant diversification.
Unique opportunities
The Fund has access to investment opportunities, markets and diversity which may not be available to individual investors.
Regluar income
The Fund aims to provide a consistent and relatively high-income stream (compared with the performance benchmark), monthly distributions, as well as the opportunity for some capital growth.
Investment specialists
The Fund is actively managed by a team of specialists with significant experience and specialist expertise in the property investment market.
London, United Kingdom
Paris, France
Fund facts
| Minimum investment | $1,000 |
| Income distribution | Monthly1 |
| Management fees and costs | 0.98% p.a. of NAV2 |
| ARSN | 642 411 292 |
| APIR Code | APN4390AU |
| Minimum suggested timeframe | 5-7 years |
| Product inception data | 1 April 2020 |
| Redemption payment terms | Daily3 |
| Risk level (1-7) | 54 |
1 Distributions may include a capital gains component. Distributions are not guaranteed.
2 See section 6 of the PDS for details.
3 Under normal circumstances, investors can withdraw from the Fund on a daily basis. Withdrawal proceeds will normally be paid within 3 business days of receipt of a withdrawal request. The Constitution permits a 30-day period, which may be extended in certain circumstances as described in the Fund’s PDS and Product Guide.
4 An investment in the Fund has a high level of risk. This means the risk of the value of your investment falling in the short term is higher than an investment in a managed investment scheme that invests in assets such as cash or fixed income. The Fund’s risk band and risk label are based on an estimation of up to 6 negative annual returns over any 20-year period.
Investment objectives
The primary investment return objectives of the fund aim to:
deliver a gross annual income yield (before management fees, expenses and taxes) in excess of the performance benchmark, being the GPR 250 REIT Index (AU) Yield or equivalent in Australian dollars
provide lower-than-market volatility compared with the GPR 250 REIT Index (AU) (or equivalent Global REITs Index) over a 5–7-year time horizon
maintain the real value of investments over a 5–7-year time horizon (where real value is measured against the weighted-average CPI for those countries within the GPR 250 REIT Index (AU) (or equivalent))
Fund performance
Performance to 31 March 2025
| Dexus Global REIT Fund total return | |
|---|---|
| 1 month | -1.37% |
| 3 months | 1.94% |
| 6 months | 5.15% |
| 1 year | 14.49% |
| 3 year | 3.69% |
| 5 years | 9.19% |
| Since inception2 pa | 7.44% |
Past performance is not a reliable indicator of future performance. Returns quoted are before tax, after fees, costs and expenses, assume all distributions are reinvested. Returns are annualised for periods greater than one year. Fund’s inception date used to determine return: 1 April 2020. Investors’ tax rates are not taken into account when calculating returns. Returns and values may rise and fall from one period to another. Distributions may include a capital gains component. On 31 March 2025, the Fund changed its performance benchmark from GPR 250 REIT Index (AU), where returns are calculated on a “gross” basis with respect to withholding taxes, to GPR 250 REIT Net Index (AU), which is on a “net” basis. The new benchmark allows for a more accurate comparison of benchmark and Fund returns. The impact of the change on the comparison of Fund’s performance returns to the benchmark is not material and accordingly, the Fund’s inception date used for since inception returns remains 1 April 2020.
What are the key risks?
The key risks of investing in DXGRF may include or be associated with:
Please refer to the Product Disclosure Statement for further information about the key risks noted above, as well as information about other investment risks of which you should be aware.
Who is this fund suited to?
DXGRF is suited to investors who:
are seeking consistent and relatively high levels of income
are wanting access to a diversified portfolio of quality global REITs over the medium to long term
are intending to use the Fund as a minor allocation or satellite allocation within a broader investment portfolio
have a high or very high risk/return profile for that portion of their investment portfolio
Please refer to the Product Disclosure Statement and Target Market Determination or visit the 'How to invest' tab for further information.
Your real asset partner of choice
Spanning infrastructure and real estate, real asset investing offers a variety of benefits for your portfolio, including diversification benefits, reduced volatility compared with equities and enhanced risk-adjusted returns for income-oriented investment portfolios.
With over 40 years of experience in real asset investment, funds management, asset management and development, Dexus has a proud history of creating long-term value for investors. It is our deep local sector expertise and active management approach that sets us apart, allowing us to anticipate local market and sector needs and drive long-term performance at every stage of the investment lifecycle.
Fund performance
Performance to 31 March 2025
| Dexus Global REIT Fund growth | Dexus Global REIT Fund income1 | Dexus Global REIT Fund total return2 | GPR 250 REIT Net Index (AUD) total return3 | Out/(under) performance | Dexus Global REIT Fund standard dev4 | GPR 250 New Index (AUD) standard dev | |
|---|---|---|---|---|---|---|---|
| 1 month | -1.68% | 0.30% | -1.37% | -2.00% | 0.62% | ||
| 3 months | 0.99% | 0.95% | 1.94% | 3.48% | -1.54% | ||
| 6 months | 3.18% | 1.97% | 5.15% | 4.73% | 0.42% | ||
| 1 year | 10.04% | 4.46% | 14.49% | 13.33% | 1.17% | 12.37% | 12.43% |
| 3 years | -0.46% | 4.15% | 3.69% | 3.03% | 0.65% | 13.34% | 13.70% |
| 5 years | 5.34% | 3.85% | 9.19% | 8.21% | 0.98% | 11.82% | 13.06% |
| Since inception5 pa | 5.34% | 3.85% | 9.19% | 8.21% | 0.98% | 11.82% | 13.06% |
Past performance is not a reliable indicator of future performance.
1 Distributions may include a capital gains component.
2 Returns quoted are before tax, after fees, costs and expenses, assume all distributions are reinvested. Returns are annualised for periods greater than one year. Fund’s inception date used to determine return: 1 April 2020. Investors’ tax rates are not taken into account when calculating returns. Returns and values may rise and fall from one period to another. Distributions may include a capital gains component. On 31 March 2025, the Fund changed its performance benchmark from GPR 250 REIT Index (AU), where returns are calculated on a “gross” basis with respect to withholding taxes, to GPR 250 REIT Net Index (AU), which is on a “net” basis. The new benchmark allows for a more accurate comparison of benchmark and Fund returns. The impact of the change on the comparison of Fund’s performance returns to the benchmark is not material and accordingly, the Fund’s inception date used for since inception returns remains 1 April 2020.
3 Dexus Global REIT Fund performance Index/Benchmark is the GPR 250 REIT Net Index (AU)
4 Calculated monthly, standard deviation is based on total returns (net of all fees).
5 Fund inception 1 April 2020.
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Disclaimers and Important Information
Jump to next sectionFOOTNOTES
*Important note: The unit prices displayed in this section are indicative only.
If unit prices are not available for today, then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.
Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices.
During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.
**Returns quoted are before tax, after fees, costs and expenses, assume all distributions are reinvested. Returns are annualised for periods greater than one year. Fund’s inception date used to determine return: 1 April 2020. Investors’ tax rates are not taken into account when calculating returns. Returns and values may rise and fall from one period to another. Distributions may include a capital gains component. On 31 March 2025, the Fund changed its performance benchmark from GPR 250 REIT Index (AU), where returns are calculated on a “gross” basis with respect to withholding taxes, to GPR 250 REIT Net Index (AU), which is on a “net” basis. The new benchmark allows for a more accurate comparison of benchmark and Fund returns. The impact of the change on the comparison of Fund’s performance returns to the benchmark is not material and accordingly, the Fund’s inception date used for since inception returns remains 1 April 2020.
DISCLAIMERS AND IMPORTANT INFORMATION
All information contained on this website (“Information”) is subject to change without notice. While every care has been taken in the preparation of the Information, to the extent permitted by law, Dexus: DXS, its related body corporates and each of their respective directors, officers and employees do not make any representation or warranty or warranty, express or implied, as to the accuracy, currency, reliability or completeness of any statement in it, including, without limitation, any forecasts, and do not guarantee the repayment of capital, or the performance of or any particular rate of return for the Dexus fund referred to on this website. Past performance is not a reliable indicator of future performance.
The Information has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the Information, and seek professional advice, having regard to their objectives, financial situation and needs.
Dexus Asset Management Limited (ACN 080 674 479, AFSL No. 237500) (“DXAM”) is the responsible entity of Dexus Global REIT Fund (ARSN 642 411 292) (“Fund”) and issuer of the Fund. DXAM is a wholly owned subsidiary of Dexus: DXS.
Before you receive any financial service from us (including deciding to acquire or to continue to hold a product in any fund mentioned in this material), or act on this material, you should obtain and consider the relevant product disclosure statement(s) (“PDS”), DXAM financial services guide ("FSG”) and relevant target market determination (“TMD”) in full, consider the appropriateness of this material having regard to your own objectives, financial situation and needs and seek independent legal, tax and financial advice. The PDS, FSG and TMD (hard copy or electronic copy) are available from DXAM, Level 5, 80 Collins Street (South Tower), Melbourne VIC 3000, by visiting https://www.dexus.com/investor-centre, by emailing investorservices@dexus.com or by phoning 1300 374 029.
The Information should not be considered to be comprehensive or to comprise all the information which a potential investor may require in order to determine whether to invest in the Fund. The Information is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives.
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