DXAF · Open

Dexus AREIT Fund

Available for

Financial advisers, Direct and Wholesale investors

Unit price Unit price data as at: 29/08/2024
Buy 1.4650
Sell 1.4606
Current running yield* Current running yield as at: 29/08/2024
  5.70%
Fund size Fund size as at: 29/08/2024
  $568.91m
Minimum investment
  $1,000

Significant Investor Visa and Investor Visa

The Australian Government’s Significant Investor Visa (SIV) and Investor Visa (IV) are streams within the Australian Government’s Business Innovation and Investment (Provisional) (Subclass 188) visa and the Business Innovation and Investment (Permanent) (Subclass 888) visa which enables a high net worth individual the ability to migrate to Australia and secure permanent residency. Provisional SIV holders invited to apply for this visa after 1 July 2021 are required to invest $5 million (AUD) into complying significant investments for the duration of the provisional visa.

Provisional SIV holders may be eligible to apply for a permanent visa after holding the visa for at least three years or through the Significant Investor Visa Extension stream and also after having satisfied the other requirements. Provisional IV holders invited to apply after 1 July 2021 are required to invest $2.5 million (AUD) into complying significant investments for the duration of the provisional visa. Provisional IV holders may be eligible to apply for a permanent visa after holding the visa for at least three years and satisfying the other requirements. Please see the Department of Home Affairs website for further information. 

The SIV complying investment rules were changed in 2021 by the Australian Government and from 1 July 2021, SIV applicants are required to invest at least $5 million (AUD) in complying investments, which must include:

  • Up to $2.5 million in one or more balancing investment(s), such as managed funds that invest in a combination of eligible assets that include Australian listed securities, eligible corporate bonds or notes, annuities and real property (subject to the 10% limit on residential real estate
  • At least $1.5 million invested in an Australian emerging companies fund; and
  • At least $1 million in an Australian venture capital or growth private equity fund(s)

The IV complying investment rules were changed in 2021 by the Australian Government to be consistent with the SIV complying investment rules. From 1 July 2021, IV applicants are required to invest at least $2.5 million (AUD) in complying investments, which must include:

  • Up to $1.25 million in one or more balancing investment(s), such as managed funds that invest in a combination of eligible assets that include Australian listed securities, eligible corporate bonds or notes, annuities and real property (subject to the 10% limit on residential real estate)
  • At least $0.75 million invested in an Australian emerging companies fund; and
  • At least $0.5 million in an Australian venture capital or growth private equity fund(s).

Under both the SIV and the IV rules, the Dexus AREIT Fund qualifies as a complying balancing investment. For further information or for a copy of the 1413D Declaration Form, please contact our Investor Services Team at 1800 996 456 or investorservices@dexus.com, or contact your registered migration agent.

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Disclaimers and notes

*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.
 
^The Dexus AREIT Fund aims to provide lower than market volatility compared with the S&P/ASX 300 AREIT Index over a 5 – 7 year time horizon. 

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 AREIT Fund (ARSN 134 361 229) 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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