OptiMix Property Securities

 

Features

Information

APIR codeMMF1548AU
Minimum suggested Investment time frame5+ years
Growth/defensiveGrowth 100%
BenchmarkS&P ASX 300 A-REIT (Sector)
FE fundinfo sectorProperty - Australia Listed
Income distribution frequencyQuarterly
Total fees and costs as at 9 February 20220.95% pa
Fund size$0.42m
Inception date15 November 2010

Investment minimums

Please refer to PDS 

Pricing

Price date31/03/2022
Entry$1.8583
Exit$1.8615

Standard risk measure

1 2 3 4 5 6 7
Standard Risk Measure

A Standard Risk Measure score of 5 equates to a Risk Label of 'Medium to High' and an estimated number of negative annual returns over any 20 year period of 3 to less than 4. This is a measure of expected frequency (not magnitude) of capital losses, calculated in accordance with ASFA/FSC guidelines.

Investment objective

This fund aims to achieve returns (before fees, charges and taxes) that exceed the S&P/ASX 300 A-REIT Total Return Index, over periods of five years or more.

Investment strategy

The fund invests predominantly in a diversified portfolio of Australian property securities through a mix of managers. The fund is actively managed in accordance with the OptiMix Multimanager investment process.

Investor profile

The Fund is intended to be suitable for investors seeking a diversified portfolio of Australian property securities.

Research house ratings

Rating

LonsecInvestment Grade

Meet the manager(s)

NameIOOF Investment Team
BiographyOur impressive investment capabilities are driven by our investment team and structure. Each asset class has a dedicated portfolio manager who enjoys strong support from a host of support staff including analysts and investment specialists. Furthermore, the team benefits from the strong support of our additional research capabilities, namely through our asset consultant.
PhotoIOOF Investment Team

Cumulative performance

ResetPerformance line chart
Powered by data from FE fundinfo
3 months6 monthsYear to date1 year3 years pa5 years pa
Fund-4.94%1.95%-4.94%16.13%3.32%5.25%
FE Sector-5.60%2.24%-5.60%16.43%5.65%7.45%

Calendar Performance

Performance Bar chart
Powered by data from FE fundinfo
31/12/202131/12/202031/12/201931/12/201831/12/2017
Fund22.52%-9.93%17.98%-1.13%5.28%
FE Sector23.04%-3.92%18.96%1.01%7.31%

Performance is net of management costs and expenses. Performance is based on exit price to exit price for the period and assumes that all distributions are reinvested. Management costs and other expenses are accounted for in the exit price. Past performance is not a reliable indicator of future performance.


The performance data has been sourced by FE fundinfo.


Asset allocation as at 31/03/2022

Breakdown pie chart
Australian property100.00%

Actual versus target asset allocation as at 31/03/2022

Manager diversification within each asset class as at 31/03/2022

Breakdown pie chart

Top holdings - as at 31/03/2022

Name
Weight
Goodman Group
14.33%
Scentre Group
8.51%
Stockland
5.84%
Vicinity Centers
4.43%
Mirvac Group
3.96%
Dexus
3.65%
Gpt Group
3.30%
Charter Hall Group
2.38%
Unibail-Rodamco-Westfield
2.15%
Carindale Property Trust
1.39%

Market and portfolio review

The Fund outperformed the index over the March quarter by 2%. Outperformance was predominantly driven by SG Hiscock, whilst relative value manager Renaissance also outperformed. The Fund is positioned towards AREITs with funds management earnings streams perceived to be geared towards an improving recovery. Such names are the few that are able to provide earnings and distribution guidance for FY22. The main contributors to performance were the overweight to Unibail which outperformed as global yields increased. The other overweights to add were the Australian mall owners Scentre and Vicinity which fell less than the market in a volatile quarter.

Future investment strategy

The S&P/ASX 300 Property Accumulation Index returned a very strong 19.2% for the year, with the market continuing to rebound. The Fund underperformed over 12 months to the end of March 2022. Overweight Scentre Group and Unibail-RodamcoWestfield had the greatest contribution to performance, while underweight positions in Goodman and Dexus helped given lofty valuations.

NameOptiMix Property Securities
PDSPDS
TMDTMD
ChartChart

This website contains general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this information, you should assess your own circumstances or seek advice from a financial adviser. You should obtain and consider a copy of the relevant Product Disclosure Statement (PDS) or offer document available from us or your financial adviser, before you acquire a financial product.

OneAnswer Frontier Investment Portfolio is issued by OnePath Funds Management Limited ABN 21 003 002 800 AFSL 238342.

The information provided in this table is a brief outline of the major features of OneAnswer Frontier Investment Portfolio. It is intended as a quick and easy reference source for investors. The table should not be used as a substitute for reading the appropriate Product Disclosure Statement (PDS) prior to you making any decision to invest through OneAnswer Frontier Investment Portfolio.

The information is of a general nature and has been prepared without taking into account your objectives, financial situation and needs. You should consider whether the information is appropriate for you having regard to your objectives, financial situation and needs. We recommend that you read the relevant PDS before deciding to acquire, or to continue to hold, the product.

The PDS can be located under the following links: Product Disclosure Statement (Part One) (690kb) and Investment Funds Guide (PDS Part Two) (1,018kb) and should be read in conjunction with the Additional Information Guide.

Powered by data from FE fundinfo