Dexus Asian REIT Fund
The Dexus Asian REIT Fund (ARSN: 162 658 200) (APIR: APN0023AU) is an income-focused property securities fund that invests in a portfolio of listed Asian Real Estate Investment Trusts (REITs).
A quality portfolio of Asian Real Estate Investment Trusts
The Dexus Asian REIT Fund (DXARF) is a property securities fund that invests in a quality portfolio of Asian Real Estate Investment Trusts. The fund primarily comprises REITs listed on the Asia Region securities exchanges, including but not limited to Hong Kong, Singapore, Malaysia, Japan and New Zealand, but excluding Australia, as well as cash and fixed-interest investments.
The aim of DXARF is to provide investors with a consistent and relatively high level of income compared to the Benchmark being the GPR APREA Composite REIT Asia Index (in AUD) (GPR) (or equivalent), combined with some capital growth derived predominantly from investing in Asian REITs.
Real Estate Securities Contact
Dexus Investor Services
Unit Prices
As at 27 Sep 2023
1.3645
Buy
1.3603
Sell
7.33%
Current running yield* as at 27 Sep 2023
$36.83m
Fund size as at 27 Sep 2023
$1,000
Minimum investment
Monthly**
Income Distribution
0.98% p.a. of NAV***
Management fees and costs
Investment objectives
The primary investment objectives of the Fund are to aim to provide:
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investors with a consistent and relatively high level of income compared to the Benchmark^ combined with some capital growth, derived predominantly from investing in Asian REITs
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a gross annual income yield (before management fees, expenses and taxes) that equates to at least 110% of the average yield of the Benchmark^
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investors with some capital growth over a 5-7 year time horizon
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lower-than-market volatility compared with the GPR APREA Composite REIT Asia Index (in AUD) (GPR) (or equivalent) over a 5-7 year time horizon
Benefits
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Focus on generating sustainable, regular and relatively high income returns through investing in listed property securities
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Access to an underlying diversified portfolio of thousands of quality commercial real estate assets predominantly located in Asia
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Has paid monthly distributions**
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Actively managed (non-index aware) portfolio, aplpying a highly disciplined and proven strategy designed to deliver on the Fund's income and risk objectives
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Currently 100% liquid - daily applications and withdrawl (this is under normal market conditions, but withdrawals can take longer in certain cases as set out in the PDS)
This fund is suited to
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Investors seeking consistent and relatively high levels of income
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Investors wanting access to a diversified portfolio of quality Asian REITs
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Medium-to-long-term investors
Please refer to the Target Market Determination.
How to invest
Allotment or issue of securities in the Dexus Asian REIT Fund will be made only on receipt of an application form attached to a copy of the Product Disclosure Statement (PDS), which has been lodged with the Australian Securities and Investments Commission. For more information on how to invest, click here.
To purchase units using the mFund Settlement Service (mFund code APF02), click here.
*Current running yield is calculated daily by dividing the annualised distribution rate by the latest entry unit price. Distributions may include a capital gains component. Distributions are not guaranteed and past performance is not an indication of future performance.
**Past performance is not an indicator of future performance.
***See section 6 of the PDS.
^The average dividend yield from the GPR APREA Composite REIT Asia Index (in AUD) (GPR), in Australian dollars.
This material has been prepared by Dexus Asset Management Limited (ACN 080 674 479, AFSL No. 237500) (“DXAM”), the responsible entity and issuer of the financial products of Dexus Asian REIT Fund (ARSN 162 658 200) without taking account of your objectives, financial situation and needs. Accordingly, and 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 1800 996 456. The PDS contains important information about risks, costs and fees associated with an investment. Any investment is subject to investment risk, including possible delays in repayment and loss of income and principal invested, and there is no guarantee on the performance of the fund or the return of any capital. Past performance is not an indication of future performance. This material is for general information purposes only, (subject to applicable law) does not constitute financial product advice, and does not constitute an offer, invitation, solicitation or recommendation with respect to any investment. No warranty or representation is provided as to the accuracy, completeness or reliability of any information, and to the fullest extent permitted by law, the recipient releases DXAM and its affiliates from any and all liabilities and losses arising in connection with any person acting on or relying on anything contained in or omitted from this material (whether due to negligence or otherwise). This material is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives.