Quay1
  • Offshore

Fund Overview

The Quay Global Real Estate Fund (Fund) invests in a number of global listed real estate companies, groups and funds. It aims to generate a real total return of at least 5% above CPI p.a. over five or more years, before fees and costs.

Fund Objective and Strategy

The Quay Global Real Estate Fund aims to provide a return (before fees, costs and taxes) that exceeds the return from the FTSE EPRA/NAREIT Developed ex Australia hedged in AUD Net TRI over the medium to long term.

Investments will be limited to listed real estate securities of entities on stock exchanges from around the world, where the majority of income is derived from leases, rent and other real estate related income. The Fund may also use exchange traded derivatives for non-currency hedging purposes or to gain exposure to investment markets where the underlying economic exposure is consistent with the investment objective of the Fund.

Distributions

The Fund pays distributions bi-annually.

Historical Performance

Click here for the latest performance of this Fund and other property securities funds.

Liquidity

The Fund offers daily liquidity.

Fees

The Fund charges an ongoing management fee of 1.01% of the Net Asset Value of the Fund.

The Fund also charges a performance fee of 15.375% of any amount by which the investment return of the Fund (after the payment of the Management Fee and expenses but adding back any distributions during the relevant half-year period) is above the higher of the CPI and the return generated by the FTSE EPRA/NAREIT Developed Index, denominated in Australian dollars, subject to a High Water Mark.

There is a 0.25% spread between the buy unit price and the sell unit price.

More Information

For more information please contact the manager for a PDS.

For more information on unlisted property funds and property syndicates please refer to the following guide.

Disclaimer

The information provided above should be seen as factual information and not financial advice.   All the information provided is not intended to imply any recommendation or opinion about a financial product.

We recommend seeking advice from professional and qualified financial planners prior to investing in any financial product.   

Overview

  • Category : Property Securities Funds
  • Manager : Quay Global Investors
  • Term : Open-ended
  • Yield : n/a
  • IRR : n/a
  • Minimum Investment : 20000