Dexus Global REIT Fund

The Dexus Global REIT Fund (ARSN: 642 411 292) (APIR: APN4390AU) is an actively managed property securities fund that invests into a diversified portfolio of Real Estate Investment Trusts (REITs) listed in North America, Europe and Asia Pacific.

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 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 22 May 2024

2.3114

Buy

2.3044

Sell

4.28%

Current running yield* as at 22 May 2024

$19.81m

Fund size as at 22 May 2024

$1,000

Minimum investment

Monthly**

Income Distribution

0.98% p.a. of NAV***

Management fees and costs

Unit Price History

Date

Buy

Sell

Investment objectives


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

  • deliver a gross annual income yield (before management fees, expenses and taxes) in excess of the performance benchmark, being the GPR 250 REIT Index (AU) Yield or equivalent in Australian dollars

  • provide lower-than-market volatility compared with the GPR 250 REIT Index (AU) (or equivalent Gloval REITs Index) over a 5-7 year time horizon

  • maintain the real value of investments over a 5-7 year time horizon (where real value is measured against the weighted-average CPI for those countries within the GPR 250 REIT Index (AU) (or equivalent))

Benefits

  • Focus on generating sustainable, regular and relatively high-income returns through investing in global listed property securities

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

  • Has paid monthly distributions**

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

  • Currently 100% liquid - daily applications and withdrawals (this is under normal conditions but withdrawals can take longer in certain cases as set out in the PDS)

This fund is suited to

  • Investors seeking consistent and relatively high levels of income

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

  • Medium-to-long-term investors

Please refer to the Target Market Determination.

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.

For more information on how to invest, click here

Apply Online

*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.

**Past performance is not an indicator of future performance.

***See section 6 of the PDS.

This material has been prepared by Dexus Asset Management Limited (ACN 080 674 479, AFSL No. 237500) (“DXAM”), the responsible entity and issuer of the financial products of Dexus Global REIT Fund (ARSN 642 411 292) without taking account of your objectives, financial situation and needs. Accordingly, and before you receive any financial service from us (including deciding to acquire or to continue to hold a product in any fund mentioned in this material), or act on this material, you should obtain and consider the relevant product disclosure statement(s) (“PDS”), DXAM financial services guide ("FSG”) and relevant target market determination (“TMD”) in full, consider the appropriateness of this material having regard to your own objectives, financial situation and needs and seek independent legal, tax and financial advice. The PDS, FSG and TMD (hard copy or electronic copy) are available from DXAM, Level 5, 80 Collins Street (South Tower), Melbourne VIC 3000, by visiting https://www.dexus.com/investor-centre, by emailing investorservices@dexus.com or by phoning 1300 374 029. The PDS contains important information about risks, costs and fees associated with an investment. Any investment is subject to investment risk, including possible delays in repayment and loss of income and principal invested, and there is no guarantee on the performance of the fund or the return of any capital. Past performance is not an indication of future performance. This material is for general information purposes only, (subject to applicable law) does not constitute financial product advice, and does not constitute an offer, invitation, solicitation or recommendation with respect to any investment. No warranty or representation is provided as to the accuracy, completeness or reliability of any information, and to the fullest extent permitted by law, the recipient releases DXAM and its affiliates from any and all liabilities and losses arising in connection with any person acting on or relying on anything contained in or omitted from this material (whether due to negligence or otherwise). This material is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives.

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