Direct Property Fund International

Unit Pricing

Daily Unit Pricing

The Manager of the Direct Property Funds reviews the Unit Price for both Funds on a daily basis. Changes are made to the Unit Prices when there are changes in the underlying investments or if the Manager expects there to be changes based on market conditions.

The primary factor impacting unit values in the Funds’ underlying syndicate and wholesale fund investments is property valuations. Centro has a policy whereby every property in its managed portfolio is revalued on a six-monthly basis. Each unlisted Centro fund then determines a unit price which factors in these valuations. Gearing within the funds amplifies any valuation change.

The Centro MCS syndicates and Centro wholesale funds, which comprise the bulk of the DPF and DPFI investments, typically determine provisional Net Asset Backing (NAB) or unit prices in December and June with final figures published in their half or full year accounts.

Price Details (Cum Distribution)
Date Entry Price Exit Price
17 Mar 2010 0.2004
16 Mar 2010 0.2003
15 Mar 2010 0.2003
12 Mar 2010 0.2003
11 Mar 2010 0.2002
10 Mar 2010 0.2002
09 Mar 2010 0.2001
05 Mar 2010 0.2000
04 Mar 2010 0.2000
03 Mar 2010 0.1999