Dexus Australian Property Fund
Financial advisers, Direct and Wholesale Investors
Explore this fund
An established portfolio of commercial property investments
Dexus Australian Property Fund (DAPF) aims to provide investors with income and long-term capital growth through access to a portfolio of property investments. These investments are currently accessed through DAPF's investment in the Dexus Wholesale Australian Property Fund that owns property directly and cash.
The Dexus Australian Property Fund (DAPF) provides investors with access to a diversified portfolio of Australian office, retail and industrial properties, with a focus on income returns and potential for capital growth. DAPF may also invest in healthcare and other commercial properties. The portfolio is well-diversified with investments located in different markets throughout Australia and a large tenant base comprised of corporate and government tenants. Please speak to your financial adviser or view our platform list to invest.
Fund highlights
This fund is suitable for investors who:
- are seeking capital growth and income distribution
- are intending to use the Fund as a minor allocation or satellite allocation within a broader investment portfolio
- have a minimum investment timeframe of five years
- have a high or very high risk/return profile for that portion of their investment portfolio, and
- require the ability to have access to capital within one year of request.
Please refer to the product disclosure statement and the target market determination or further information.
Withdrawal frequency
Generally, withdrawal requests will be processed and paid within 12 months of receipt.
However, if the Responsible Entity is unable to realise sufficient assets due to circumstances beyond its control, the withdrawal request may take longer than 12 months to be satisfied. Investors should be aware that withdrawal requests can only be processed and met while the Fund is liquid. If the Fund ceases to be liquid for the purposes of the Corporations Act, the Responsible Entity will not meet withdrawal requests.
Fund facts
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|
Product marketing name |
Dexus Australian Property Fund |
APIR code |
NML0337AU |
ARSN |
096 853 619 |
Product inception date |
31 July 2001 |
Investment objective |
The objective of the Fund is to provide income and long-term capital growth |
Minimum suggested timeframe |
5 years |
Product status |
Open |
Minimum investment |
$10,000 |
Distribution frequency |
Quarterly |
Redemption payment terms |
12 months* |
Risk Level (1-7) |
6 |
What are the risks?
Risks specific to the fund include property investments, share market investments, interest rates, gearing and the use of debt, derivatives, liquidity and fund termination risks. Please refer to the Product Disclosure Statement and Derivative Risk Statement (which can be obtained by contacting us) for more information.
The fund may be suitable for a consumer with a high risk profile, seeking to minimise potential losses (e.g. has the ability to bear up to four to less than six negative returns over a 20-year period (SRM 6)) and is comfortable with a high target return profile. The risks specific to the fund may include or be associated with:
- Property investments – factors such as the quality of underlying properties, types of property (such as retail, commercial, office or logistics), tenancy and vacancy rates and geographic location may affect the fund's performance.
- Liquidity – assets subject to liquidity risk may be difficult to trade and it may take longer for their full value to be realised, and in circumstances where the fund's portfolio ceases to be ‘liquid’ for Corporations Act purposes, there may be significant delays or a freeze on withdrawal requests. Market conditions may adversely impact the liquidity of assets held in a fund portfolio.
- Interest rates – may adversely change and impact the fund's performance including the risk of capital loss in a rising interest rate environment.
- Gearing – has the effect of magnifying the fund's returns, both positive and negative.
- Derivatives – the use of derivatives may magnify any losses incurred.
- Share market investments – the value of the fund's investment in listed securities may decrease or be more volatile as a result of adverse share market movements.
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 $54.5 billion, with a $16.1 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.
Partner with our experts
Chris Davitt
Fund Manager
E christopher.davitt@dexus.com
P +614 5000 5026
How can we help?
Disclaimers and important information
All information on this website is subject to change without notice. While every care has been taken in the preparation of the information contained in this website, to the extent permitted by law, (Dexus: DXS), its related body corporates and each of their respective directors, officers and employees do not make any representation, express or implied, as to the accuracy, currency, reliability or completeness of any statement in it including without limitation, any forecasts and do not guarantee the repayment of capital, or the performance of or any particular rate of return for the Dexus fund referred to on this website. Past performance is not a reliable indicator of future performance.
This content has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information on this website, and seek professional advice, having regard to their objectives, financial situation and needs. The information contained on this website should not be considered to be comprehensive or to comprise all the information which a potential investor may require in order to determine whether to invest in the Fund. This content is not intended for distribution or use in any jurisdiction where it would be contrary to applicable laws, regulations or directives and does not constitute a recommendation, offer, solicitation or invitation to invest.
Dexus Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) (DCFM), is the responsible entity of the Dexus Australian Property Fund (the Fund) (ARSN 096 853 619) and the issuer of the units in the Fund. DCFM is a wholly owned subsidiary of Dexus: DXS.
To invest in the Fund, investors will need to download at www.dexus.com/dapffinvest or obtain the current Product Disclosure Statement (PDS) from DCFM.. The PDS contains important information about investing in the Fund and it is important that investors read the PDS before making a decision about whether to acquire, or continue to hold or dispose of units in the Fund. A target market determination has been made in respect of the Fund and is available at www.dexus.com/dapfinvest.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned to APIR NML0001AU, November 2021) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The unit prices displayed in this section are indicative only.
If unit prices are not available for today, then the latest available prices will be displayed. Unit prices are not calculated on weekends or public holidays.
Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision, as past unit prices are not a reliable indicator of future unit prices.
During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. Actual unit prices can be confirmed on receipt of a completed application or redemption form.