Dexus Global REIT Fund

The Dexus Global REIT Fund (ARSN: 642 411 292) (APIR: APN4390AU) is designed for investors seeking a diversified, defensive income stream from global commercial property.

Access a whole world of commercial property


The Dexus Global REIT Fund (DXGRF) is an investment strategy for global listed property developed to target higher income with low relative risk while maintaining the real value of capital over the investment time horizon. The fund invests in the developed markets of North America, Europe and Asia, with a concentration on those regions and property types where developing structural trends and local fundamentals are driving the best prospects for sustained rental growth and total return.

DXGRF is designed for investors looking to access the relatively defensive, liquid, and real asset qualities of commercial property through an actively managed portfolio of listed real estate securities. The fund offers global diversification, access to thousands of individual properties, along with further diversification via exposure to real estate types not available within the Australian market.

Unit Prices

As at 23 Nov 2022

2.3786

Buy

2.3713

Sell

4.16%

Current running yield* as at 23 Nov 2022

$18.10m

Fund size as at 23 Nov 2022

$1,000

Minimum investment

Monthly

Income Distribution

0.98% p.a.

Management Cost

Unit Price History

Date

Buy

Sell

  • Assumptions & disclaimers
    • Past performance is not necessarily an indication of future performance

    • Returns and values may rise and fall from one period to another

    • Returns shown are net of fees and costs and annualised for periods greater than one year

    • The performance figures reflect compounding, as distributions are assumed to be reinvested as additional units

    • Investors’ tax rates are not taken into account when calculating returns

    • The information provided does not constitute financial product advice and does not purport to contain all relevant information necessary for making an investment decision. It is provided on the basis that the recipient will be responsible for making their own assessment on financial needs and will seek further advice about the investments as is considered appropriate.

Investment objectives


The primary investment return objectives of the fund are to provide:

  • Investors with a consistent and relatively high level of income compared to the Benchmark1, combined with some capital growth, derived predominantly from investing in global REITs

  • A level of capital growth which at least matches increases in CPI over a 5 - 7 year time horizon

  • Lower-than-market volatility2

Benefits


With a focus on generating sustainable, regular and relatively high-income returns through investing in global listed property securities, this fund is designed for investors seeking:

  • Access to an underlying diversified portfolio of thousands of quality commercial real estate assets located in North America, Asia Pacific and European markets

  • Monthly distributions

  • An actively managed (non-index aware) portfolio, applying a highly disciplined and proven strategy designed to deliver on the fund’s income and risk objectives

  • 100% liquidity: daily applications and withdrawals

This fund is suited to

  • Investors seeking relatively high levels of income and the potential for some long-term capital growth

  • Investors with a medium to long-term time horizon

  • Investors wanting access to a diversified pool of quality global REITs

  • SMSFs - investors managing their own retirement

Financial Services Guide


Dexus Asset Management Limited has issued a financial services guide, available here.  If you would like to receive a hardcopy of the financial services guide, or an email containing the financial services guide, please contact Dexus Asset Management at investorservices@dexus.com or on 1800 996 456.

How to invest


Allotment or issue of securities in the Dexus Global 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.

Apply Online

Note: Please be advised that as part of the transition of APN Global REIT Fund ARSN 642 411 292 (the Fund) to the Dexus platform, Dexus Asset Management Limited ACN 080 674 479 as Responsible Entity has appointed a new Financial Statement auditor and Compliance Plan auditor for the Fund, as outlined below.
Dexus Asset Management Limited as Responsible Entity of the fund has received consent from ASIC to remove the existing Compliance Plan and Financial Statement auditor for the fund.

The Compliance Plan and Financial Statement auditor appointed prior to integration with the Dexus Group, being Deloitte Touche Tohmatsu, will be replaced by PricewaterhouseCoopers (PwC), as PwC is the current Compliance Plan and Financial Statement auditor for Dexus’s other registered schemes. 
We note that the financial year end for the fund remains unchanged as 30 June 2021.

*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.

1. GPR 250 REIT Index Yield Series or equivalent, in Australian dollars.
2. The Dexus Global REIT Fund aims to provide lower-than-market volatility compared with the GPR 250 REIT Index (or equivalent Global REITs Index) over a 5 - 7 year time period.


General risks apply. Dexus Asset Management Limited ACN 080 674 479, AFSL 237500 (DXAM) is the responsible entity and issuer of the fund. Before making an investment in the fund, you should consider important information about risks, costs and fees in the Product Disclosure Statement here or by contacting Dexus on 1800 502 914.

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