It gives investors exposure to a mix of quality listed A-REITs that own assets across the retail, residential, commercial, industrial and real estate related social infrastructure sectors.
We are pleased to advise that One Managed Investment Funds Limited, the Responsible Entity for Charter Hall Maxim Property Securities Fund (Maxim or Fund) has issued a new Product Disclosure Statement (PDS) dated 9 June 2021 and Additional Information Booklet (AIB) dated 9 June 2021 for the Fund. Also, a new Application Form is to be used.
|As at 22/07/2021||$A|
The investment process begins with a top-down analysis of economic environment and each of the major real estate sectors and geographic sub-markets.
We believe the integration of quality research on the economic environment, capital markets and market pricing trends is critical to our decision making framework and gives us the ability to seek to add value by identifying investment opportunities ahead of the market.
The approach includes estimates of the listed property securities yield, the net present value, net tangible assets, and gearing. Qualitative factors are also evaluated, including asset quality and management.
The combination of our research and proven investment process ensures we maintain our high conviction approach to the management of the Fund, and avoid being labelled an Index hugger.
Fees and Charges
Investment Objective: To outperform the S&P/ASX 300 A-REIT Accumulation Index by 1.5%pa over rolling 3 year periods.
Management Fees: 0.85% p.a. of the Gross Asset Value (GAV) of the Fund.
Responsible Entity/Custodian: One Managed Investment Funds Limited AFSL 297042 ABN 47 117 400 987
Investment Time Horizon: Suggested at least 3 years
Entry/Exit Fees: Nil
Investment Manager: Charter Hall Property Securities Management Limited ABN 25 104 512 978
Minimum investment: $5,000
Buy/Sell Spread: +0.25%/-0.25%
Registrar/Fund Administrator:Mainstream Fund Services Pty Ltd (formerly Fund BPO Pty Ltd) ABN 81 118 902 891
Distributions Quarterly: usually as at 31 March, 30 June, 30 September and 31 December
Interested persons should consider the product disclosure statement (PDS) issued by One Managed Investment Funds Limited (ABN 47 117 400 987) (AFSL 297042) (OMIFL) as responsible entity of the Charter Hall Maxim Property Securities Fund (ARSN 116 193 563) (Fund). The information contained in this document was not prepared by OMIFL. While OMIFL has no reason to believe that the information is inaccurate, the truth or accuracy of the information contained therein cannot be warranted or guaranteed. Anyone reading this information should obtain and rely upon their own independent advice and inquiries. Investors should consider the Product Disclosure Statement dated 9 June 2021 and Additional Information Booklet dated 9 June 2021 (together the PDS) issued by OMIFL before making any decision regarding the Fund. It is important investors obtain and read a copy of the PDS before making a decision about whether to acquire, continue to hold or dispose of units in the Fund. You can request a copy of the PDS, free of charge, by calling 1300 652 790 and it is also available on this website or by contacting your financial adviser. Investors may wish to consult a licensed financial adviser before making an investment decision in relation to the Fund. Charter Hall Property Securities Management Limited (ABN 25 104 512 978) (AFSL 238349) is the investment manager of the Fund (Charter Hall Maxim) and has prepared this information. Neither OMIFL nor Charter Hall Maxim (nor any of their related parties) guarantees the repayment of capital or the performance of any product or any particular rate of return referred to in this information. Past performance is not a reliable indicator of future performance. While every care has been taken in the preparation of this information, Charter Hall Maxim makes no representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This information has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs.
1. The Lonsec Ratings (assigned Charter Hall Maxim Property Securities Fund – March 2021) presented on this page is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Ratings are limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold CHDPML products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.beyond.lonsec.com.au/intelligence/lonsec-ratings
2. The Zenith Investment Partners Pty Ltd (ACN 103 132 672) (“Zenith”) Australian Financial Services Licence No. 226872 rating (assigned 29 June 2021) referred to in this document is limited to “general advice” (as defined by the Corporations Act 2001 (Cth)) for wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. 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. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners.com.au/RegulatoryGuidelines.