Direct Property Fund

Overview of Fund


The DPF is an unlisted property trust investing primarily in Centro Australian property syndicates and funds. It offers a very well diversified portfolio with exposure to over 760 shopping centres.

The objective of the DPF is to provide investors with attractive tax advantaged income and capital returns from the direct property market, primarily through exposure to shopping centres located in Australia.

Since inception in June 2002, the DPF has delivered:

  • An annual total return of -9.6% for the year ended 30 June 2008; and
  • Average total returns of 11.4% p.a. since inception.

Benefits

  • Direct property investment;
  • Significant property diversification;
  • Quarterly distributions;
  • Tax advantaged returns; and
  • Exposure to the retail property sector;

Features

  • Experienced manager;
  • Retail property focus - substantial food-based (i.e. non-discretionary) expenditure;
  • Daily unit pricing; and
  • Substantially invested in Centro direct property syndicates and funds;

Risks
The risks associated with the Fund are those that would typically apply to an investment product of this sort, investing predominantly in real property. Those risks are detailed in Section 6 of the PDS.

What Else Should I Know?

  • APIR Code MCS0011AU;
  • Registered managed investment scheme.

How do I Invest?
Investment in the DPF is currently suspended. For more information please refer to the news item below dated 17 December 2007 - 'DPF DPFI Fund Suspension'


* No minimum if investing via an administration platform.

Date Title Size
01 Feb 2008 Letter to DPF and DPFI Investors pdf 50k
28 Dec 2007 DPF and DPFI Confirm Distribution Payment and Unit Prices pdf 29k
17 Dec 2007 DPF DPFI Funds Suspension pdf 19k
04 Jun 2007 Centro Direct Property Funds Finalise Attractive Investments pdf 25k
08 Mar 2007 Support for Centro Direct Property Funds Cemented by New Lonsec Ratings pdf 22k