Suitability and risk
Suits members who want to invest in a specific asset class, are comfortable with the value of their investments fluctuating, and are comfortable with the explanation of listed property exposures on page 6 of How we invest your money (PDF, 1.1 MB), and that returns will reflect changes in security prices on listed markets which will be different from (and more volatile than) returns from owning real property.
Option size1
As at 30 June 2024
The fees and costs amounts reflect the fees and costs which we have incurred in managing the Listed Property option. For example, fees and costs we incur in the course of investing in listed property securities, i.e. real estate investment trusts (REITs), for that option. These figures do not include any amounts incurred by the REITs which the Listed Property option has invested in – such as costs relating to any real property and the other business activities of those REITs.
Objective and performance
To invest in a diversified portfolio of securities, including but not limited to, listed property securities.
This is a listed REITs (real estate investment trusts) option. This option is not intended for people who are seeking returns from investing in real property. Investing in a listed REIT is very different from investing in real estate or real property. Listed REITs can generate income from management fees or development fees as well as rental income and there are a range of factors which can influence share prices including market sentiment and macroeconomic conditions, amongst other things. The likely returns from listed REITs will be very different and more volatile than returns experienced from unlisted real property and real estate investments. Read more about REITs on page 6 of How we invest your money (PDF, 1.1 MB).
Objective
Performance against objective
2| CPI + 3% | Listed Property performance | Outperformance |
|---|---|---|
| 6.5 | 4.5 | -2.0 |
Performance
2| Timeframe | Listed Property return |
|---|---|
| 1 month | 1.75 |
| 3 months | 9.07 |
| Financial year to date | 8.09 |
| 1 year | 18.02 |
| 3 years | 2.71 |
| 5 years | 3.29 |
| 7 years | 6.42 |
| 10 years | 7.30 |
Listed Property option performance ($)
2Objective
Performance against objective
2| CPI + 3% | Listed Property performance | Outperformance |
|---|---|---|
| 6.5 | 4.8 | -1.7 |
Performance
2| Timeframe | Listed Property return |
|---|---|
| 1 month | 1.97 |
| 3 months | 9.63 |
| Financial year to date | 9.08 |
| 1 year | 19.68 |
| 3 years | 2.82 |
| 5 years | 3.47 |
| 7 years | 6.88 |
| 10 years | 7.86 |