EII Global Property Fund
Macquarie Professional Series
Features and benefits
The EII Global Property Fund brings the benefit of diversifying your portfolio by investing in property securities managed by European investors Inc (EII). The Fund holds a portfolio of between 40 to 60 listed global real estate securities and offers:
- Exposure to an experienced investment team, managing US property security portfolios since 1987, and global property security portfolios since 2001.
- Detailed bottom-up security analysis focused on seeking hidden value through understanding of the property security manager.
- A low turnover, buy and hold approach.
The unique investment strategy of the EII Global Property Fund may suit investors looking for long term growth, seeking to invest for at least three to five years. The minimum application for the EII Global Property Fund is $20,000.
About EII
European Investors Incorporated (“EII”) are a specialist property manager with $US7.4 billion as at 28 February 2011, in property assets under management. Most of this is in global property securities with a proportion in US direct real estate. EII has more than 25 years of investment management experience across a variety of asset classes and has been managing property investments since 1987.
EII’s investment approach involves making asset-allocation decisions based on both:
- economic, geographic, real estate fundamental / sector factors (known as ‘top down asset allocation’);
- factors specific to each individual security (known as ‘bottom-up security selection’).
Although both facets of EII’s approach are important, it is the ‘bottom up’ security selection process that will primarily drive the investment strategy for the fund.
In assessing the merits of potential investments, EII places a high priority on the quality of management, as measured by historical track record, the depth of the team, its vision for the company and competitive advantages. EII is focused on both current yield and potential for price appreciation when evaluating investments. There is an emphasis on seeking to discover overlooked value.
EII will identify those regions and market sectors, which it believes will exhibit superior future growth in real estate values relative to other regions or market sectors. Considerations include economic and real estate cycles, supply/demand imbalances, discounts to net asset value and significant market developments.
More information
| Fund Name | EII Global Property Fund |
| Investment manager | European Investors Inc, New York |
| Investment objective | To seek long-term capital appreciation, measured in Australian Dollars, and the potential for income through an exposure to securities of companies and trusts in the global real estate market. |
| Investment approach |
The manager makes asset allocation decisions based on both:
Although both facets of the manager’s approach are important, it is the ‘bottom-up’ stock selection process that drives the investment strategy. |
| Asset allocation |
Global property securities: 90% to 100% Cash: 0% to 10% |
| Minimum investment | $20,000 |
| Distributions | Paid quarterly as at 31 March, 30 June, 30 September and 31 December. If any |
| Applications | Daily |
| Withdrawals | Daily |
| Entry Fee | Nil |
| Exit Fee | Nil |
| Inception date | 29 March 2006 |
| Benchmark | FTSE EPRA/NAREIT Developed Hedged in AUD |
| Number of stocks | Generally 40-60 |
| Buy/Sell spread | +0.45% / -0.45% |
| Management fee | 1.08% p.a. (inclusive of GST) |
Brochures and forms
- Product Disclosure Statement
- PDS Update Letter (16 August 2010)
- PDS Update Letter (16 February 2012)
- Fact Sheet
Macquarie Professional Series
Contact us
Service
1800 806 310
financial adviser
Sales
1800 245 555
Did you know?
You can invest your super in property securities with SuperOptions, your simple but flexible superannuation plan.
