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 a highly diversified investment portfolio and the liquidity benefits of an ASX listing.
The Fund is strongly diversified across three asset classes, five property sectors, 11 geographic locations and 19 managers. Total assets of approximately $2111 million are spread over a portfolio of 36 different property securities which own almost 2,000 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: |
$217.0 million |
| Distributions: |
Quarterly when paid |
| ASX code: |
MPF |
| Fund gearing1: |
32.0% |
Performance
|
|
FY09 Distribution guidance (CPU)2:
|
n/a
|
|
ASX price per unit3:
|
0.08
|
|
Implied yield (%)4:
|
n/a
|
|
Fund total return5:
|
-70.7%
|
|
S&P/ASX 200 Property Trust Accumulation Index
Total Return5:
|
-1.8%
|
1. As at 30 September 2009, unaudited.
2. See ASX announcements
3. As at 30 October 2009.
4. Distribution divided by ASX price.
5. IRESS: 12 months to 30 October 2009.
Past performance is no indication of likely future performance. All figures are unaudited unless otherwise indicated.