asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker:
release_schedule:
structure: Managed Fund
commentary_block:
factsheet_url:
https://investmentcentre.moneymanagement.com.au/factsheets/mi/n2j4/apn-property-for-income-2
fund_features:
APN Property for Income No. 2 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; 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, re-weights 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.