asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: APN0001AU
release_schedule: Monthly
structure: Managed Fund
commentary_block:
factsheet_url:
https://investmentcentre.moneymanagement.com.au/factsheets/mi/n2j3/apn-property-for-income
fund_features:
APN Property for Income aims to provide investors with consistent income (paid monthly) and some capital growth by primarily investing in a diversified portfolio of AREITs and UPTs. The Fund aims to have a gross annual income yield (before management fees and expenses) that equates to at least 110% of the average yield of the S&P/ASX 200 AREIT Index Dividend Yield have a tax advantaged income component of distributed income; and provide investors with a level of capital growth which at least matches increases in the Consumer Price Index over a 5 – 7 year time horizon; and provide lower than market volatility compared with the S&P/ASX 200 AREIT Index over a 5-7 year time horizon.
- The Fund primarily invests in AREITs and UPTs. The Fund may also invest in cash and fixed interest investments.
- The Fund does not invest in direct property.
- APN FM continually reviews and, if appropriate, reweights the Fund’s investments within its asset allocation parameters with the objective of optimising the Fund’s distributable income and delivering lower risk than the S&P/ASX 200 AREIT Index.