Multiplex Property Income Fund

Fund closed to new applications and redemptions

The Fund offers investors a steady and attractive tax deferred income distribution, paid monthly, of between 7.5% to 8.5% per annum and capital stablity on invested funds.

The Fund is an open-ended unlisted trust which substantially invests into unlisted and listed property trusts managed by a range of quality property fund managers.

As at 31 October 2008, the Fund size was circa $83 million, providing investors with indirect exposure to:

  • 24 unlisted property funds
  • 24 listed property trust
  • 27 different property fund managers
  • 4 property sectors
  • almost 2,300 underlying property assets.

 The Fund has two classes of units on issue:

  • Income Units, which are issued to new investors into the Fund
  • Ordinary Units, which were issued to the ASX listed Multiplex Acumen Property Fund (MPF) as consideration for providing the Fund's $30.1 million seed investment portfolio.

Key Features

  • Secure income return, paid monthly
  • Capital stability
  • Tax deferred income returns
  • Unique income and capital protection measures
  • No direct mortgage or property development exposure
  • Strong diversification
  • Experienced manager with strong track record
  • No management fees, entry fees or exit fees

Key Information

Open date: 13 March 2007
Closing date: 29 September 2008
Funds under management*: $83 million
Current month distribution yield: 8.5%
Distributions: Paid monthly
Management fee per annum: Nil, for as long as Brookfield Multiplex Capital remains as responsible entity
Operating expenses: Nil
APIR Code: MLP0002AU

* As at 31 October 2008

Important Notice:

Past performance is no indication of likely future performance. All figures are unaudited unless otherwise indicated.