asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: AUP
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Aurora Property Buy-Write Income Trust (AUP) is an ASX listed investment company. It seeks to capture returns from investing in some of Australia’s leading ASX listed property securities, with the objective of increasing the income generated by implementing an active call option selling (‘writing’) strategy. A portion of the additional income may be used to purchase put options for protection.
- The portfolio, which will target to hold 10 – 20 securities directly at any one time, will be refined every three months or more regularly if the Investment Adviser recommends.
- The weighting of each security will be subject to the Investment Adviser’s discretion, but generally no single investment will account for more than 20% of the portfolio.
- Around 80% of the securities held will be selected from listed A-REIT securities that represent diversified exposure to the Australian listed property market.
- The remaining securities (up to 20%) may be drawn from other listed property related securities and will not be subject to the option overlay strategy.