Please note this fund is temporarily closed to applications and redemptions.
The Pentacle Diversified Property Fund is designed to achieve a diversified exposure across the retail, office and industrial sectors, with a small and limited allocation to the special opportunity and development sectors.
The Pentacle Diversified Property Fund ("Pentacle DPF") is designed to achieve a diversified exposure across the retail, office and industrial sectors, with a small and limited allocation to the special opportunity and development sectors for diversification and return enhancement. The funds' investments are primarily unlisted vehicles managed by the 'core' specialist managers listed below although the Manager has scope to invest in listed property trusts to enhance liquidity and to ensure that the funds are exposed to property assets at all times.
Pentacle DPF Unit Price (as at 01-01-1970).
| Application Price | |
|---|---|
| Mid Price | |
| Redemption Price |
Strategic Asset Allocation
| Asset Allocation | Range | Neutral |
|---|---|---|
| Retail property | 30 - 60% | 42.75% |
| Office property | 20 - 50% | 33.25% |
| Industrial property | 5 - 25% | 14.25% |
| Special opportunity/development | 0 - 10% | 4.75% |
| Listed property trusts | 0 - 30% | 5.00% |
The fund also has a target international exposure of 20% - 40% of assets with a neutral position of 30%. Foreign exchange exposure resulting from international investments will be substantially hedged (including both the initial equity investment and distributions).
Pentacle DPF is a diversified fund of direct property funds offered with a redemption notice period of up to 180 days, however subject to the fund having adequate liquid assets and/or cash in-flows, the Manager will endeavour to meet redemptions as soon as possible after the receipt of a Redemption Notice.
Pentacle DPF
| Fund Size | Uncapped |
|---|---|
| Total Return objective (post-fees) | To perform as well as any unlisted property index after costs with significant tax deferred benefits |
| MER (GST inclusive) | 0.72% |
| Unit Prices | Daily |
| Redemption | Up to 180 Days expect within 60 days |
| Distributions | Quarterly |
