asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: FPP
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Fat Prophets Global Property Fund (FPP) is a listed investment company incorporated in Australia. The Fund invests in a portfolio of global real estate securities through an Australian listed registered managed investment scheme. The Fund will be overweight in Australian REITs compared to the traditional global real estate benchmark. Fat Prophets Funds Management Pty Ltd is the investment manager of the Fund.
- The objective of the Fund is to provide investors a total return consisting of capital appreciation and dividend income. With a value driven approach, the Fund will invest primarily in global listed REITs where the share price implies we are investing into the underlying real estate at below its market value.
- The global diversification to real estate markets and operators, overlaid with a medium weight exposure to the Australian real estate sector and a small potential exposure to other real estate exposure via ETF’s provides investors with a strategy which is unique in Australia particularly from a listed perspective.