Ashburton Investments launches a new property fund
"The fund aims to provide investors with income and capital growth by investing in a range of liquid assets including local real estate investment trusts (REITS), property loan stocks, property collective investment schemes and property developers."
We are pleased to announce that our new Ashburton Property Fund officially launched on 1 September 2017. This fund targets both capital growth as well as income, serving as a key building block to any multi-asset portfolio.
Listed property has been one of the best-performing asset classes, even on a risk adjusted basis over a five- and fifteen-year period. Although current distribution (dividend) growth may slow from the double-digit growth investors have become accustomed to (given the challenging macro backdrop), it is still however expected to exceed inflation over the coming years, making it a solid medium- as well as long-term investment.
About the Ashburton Property Fund
The fund aims to provide investors with income and capital growth by investing in a range of liquid assets including local real estate investment trusts (REITS), property loan stocks, property collective investment schemes and property developers. It will have a minimum of 80% exposure to property at all times and may invest in offshore assets as permitted by legislation.
Fund facts
Fund classification Standard Portfolio - Property
Domicile South Africa
Fund currency ZAR
Fund benchmark FTSE/JSE SA Listed Property Index
Minimum investment R5 000
Additional investment R2 000
Recurring debit order R500
Annual management fee 1.10% (excluding vat)
How to invest in the fund
The Ashburton Property Fund will be available on all our standard platforms as well as our direct investing platform Expect More. It can also be added to a tax free savings account. By investing in a property fund using a tax free product structure such as this, investors can benefit from a significant tax saving over time.
For more information please speak to your financial advisor or contact us at [email protected] to find out how to invest in this fund.
