The Centro Direct Property Fund International (DPFI) is an unlisted property trust investing primarily in Centro international property funds.
The DPFI offers a very well diversified portfolio with exposure to over 500 shopping centres located in the United States.
Launched in September 2005, the DPFI is designed to provide attractive and tax advantaged returns through international direct property exposure.
Benefits
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Direct property investment with an international focus;
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Diversification through exposure to offshore economies;
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Diverse underlying property portfolio;
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Quarterly distributions;
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Tax advantaged returns; and
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Experienced fund manager with 'on the ground' property expertise;
Features
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Low volatility compared to equities and listed property trusts;
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Currency hedging protection on underlying investments;
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Daily unit pricing;
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Substantially invested in Centro direct property syndicates and funds; and
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Low ongoing management fee.
Risks
The risks associated with the Fund are those that would typically apply to an investment product of this sort, investing mainly in international direct retail property. Those risks are detailed in Section 6 of the PDS.
What Else Should I Know?
How do I Invest?
Investment in the DPFI is currently suspended. For more information please refer to the news item below dated 17 Dec 2007 - 'DPF DPFI Funds Suspension'.
* No minimum if investing via an administration platform.