Dexus Global REIT Fund
Financial advisers, Direct and Wholesale Investors
Fund highlights
The Dexus Global REIT Fund (DXGRF) is an actively managed fund providing investors exposure to a diversified portfolio of global listed property securities.
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.
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.
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 Global 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 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
- 100% liquid - daily applications and withdrawals as at August 2024 (this is under normal conditions but withdrawals can take longer in certain cases as set out in the PDS)
- Actively managed (non-index aware) portfolio, applying a highly disciplined and proven strategy designed to deliver on the fund’s income and risk objectives
- Has paid monthly distributions**
Who is this fund 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
Fund facts
Minimum investment |
$1,000 |
Income distribution |
Monthly** |
Management fees and costs |
0.98% p.a. of NAV** |
ARSN |
642 411 292 |
APIR Code |
APN4390AU |
A partnership with Dexus
With four decades of expertise in real estate and infrastructure investment, funds management, asset management and development, Dexus has a proven track record in delivering for investors.
Today we manage a high-quality Australasian real assets valued at $57.1 billion, with a $16.9 billion development pipeline providing the opportunity to both grow portfolios and enhance future returns.
Through our active approach to management and investing, we are positioned to drive long-term performance for our investors and capital partners across Office, Industrial, Retail and Growth Markets, which includes Infrastructure, Healthcare, Alternatives and incubates new sectors and strategies.
Real asset investing
From wind farms, airports and student accommodation to industrial warehouses and shopping centres, Dexus's accessible and diverse range of investment options provide investors with direct exposure to quality Australasian real estate and infrastructure assets. Our focus on owning and actively managing a range of real assets like these, provide real diversification benefits and with less volatility than equities, enhances risk-adjusted returns for income-oriented investment portfolios.
Contact us
Get in touch with Dexus Real Estate Securities Investor Services
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 for details.
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.