Westpac Diversified Property Fund
Essentials
- Invest in retail, office and industrial property
- Open-ended, unlisted property fund that invests directly in retail, office and industrial properties in Australia
- Aims to deliver regular quarterly distributions and tax benefits
- 81% 1 of the fund’s rental income secured by leases to investment grade corporate and government tenants
- Highly diversified portfolio offering a stable tax effective income stream with long term opportunities for capital growth
- Management and performance fees apply, entry price is approximately a 6% premium to Net Asset Value per unit
- No transaction costs when you reinvest your distributions
- Managed by experienced property managers at Westpac Funds Management Limited
- Units in the fund are an illiquid investment, and the facility which investors may apply to exit their investment is currently suspended.
Visit the Westpac Diversified Property Fund website for more information.
Things you should know
- 1. All information current as at 31st December 2009.
- This information has been prepared without taking account of your objectives, financial situation or needs. It should not be considered a comprehensive statement on any matter nor relied upon as such. Because of this you should, before acting on this information, seek independent financial and taxation advice to determine its appropriateness to your objectives, financial situation and needs.
- Financial products issued by Westpac Funds Management Limited ("WFML") are not deposits with or other liabilities of Westpac Banking Corporation ABN 33 007 457 141 ("Westpac"). They are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither Westpac nor any of its respective directors, officers, employees, associates or its subsidiaries guarantee or give any assurance in regard to the capital value, income return or performance of the investment.
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