Multiplex Acumen Property Fund ("the Fund" or "MPF") is a listed property trust that predominately invests in unlisted property securities, providing investors with exposure to strong returns, tax-advantaged distributions and the liquidity benefits of an ASX listing.
The Fund is strongly diversified across three asset classes, five property sectors, 11 geographic locations and 31 managers. Total assets of approximately $3421 million are spread over a portfolio of 59 different property securities which own almost 3,000 properties that reflect an average lease term to expiry of approximately 5.9 years.
Key Information
|
| Listing date: |
8 July 2003 |
| Close date: |
Open ended |
| Fund size1: |
$342 million |
| Distributions: |
Paid quarterly |
| ASX code: |
MPF |
| Fund gearing1: |
17.7% |
Performance
|
|
FY09 Distribution guidance (CPU)2:
|
n/a
|
|
ASX price per unit3:
|
0.30
|
|
Implied yield (%)4:
|
30.00%
|
|
Fund total return5:
|
-71.26%
|
|
S&P/ASX 200 Property Trust Accumulation Index
Total Return5:
|
-35.20%
|
1. As at 31 October 2008, unaudited.
2. See ASX announcement dated 17 December 2008
3. As at 17 November 2008.
4. Distribution divided by ASX price
5. IRESS: 12 months to 31 October 2008
Past performance is no indication of likely future performance. All figures are unaudited unless otherwise indicated.