| Fund Type: | Single | Discretionary/Quantitative: |
Discretionary |
| Strategy: | Real Estate | FUM (millions): | |
| Style: | N/A | Fund Inception Date: | Since 14 August 2023 |
| Geographic Mandate: | Australia | Latest Return Date: | August 2024 |
| Fund Domicile: | Australia | Investor Type: | Retail |
| Status: | Open | Reporting Status: | Overdue |
| Manager: | Euree Asset Management | Total FUM for all funds: | AU$0m |
|
Manager Overview:
Euree Asset Management has offices in Sydney and Melbourne, and offer investors access to a diversified investment portfolio of underlying assets.
Euree's funds cover multiple asset classes including Equities, Fixed Interest, Property, Commodities, and Alternate Assets. Euree's team has over 40 years of experience in the industry. The company is supported by its listed equity partner Sequoia Financial Group (SEQ). Euree has a dedicated compliance and risk team to ensure that the investments are well-researched and comply with all Australian and International guidelines. |
Fund/Strategy Overview:
The Fund aims to outperform the S&P/ASX 300 A-REIT Accumulation Index by 1.5% p.a. (after fees) over rolling 3-year periods whilst also aiming to achieve a balance between growth and income for investors. It invests in an actively managed and diversified portfolio of predominantly Australian listed real estate investment trusts (A-REITs) and property related securities and may also invest up to 10% in cash.
The Fund will give the investor exposure to a diversified portfolio of listed property securities across, but not limited to, the retail, residential, commercial, hotel, industrial and real estate related social infrastructure sectors. The Fund may also invest in a selected range of other assets including listed property related securities, cash and fixed interest. |
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| Other funds operated by manager: | |||
| Euree Multi Asset Balanced Fund, Euree Multi Asset Growth Fund | |||
| Minimum Investment: | Minimum Additional Investment: | Minimum Term: | Investment Frequency: |
| AU$10,000 | AU$1,000 | Daily | |
| Regular Savings Option: | Regular Savings Min. Amount : |
Regular Savings Max. Amount : |
Regular Savings Freq.: |
| No | N/A | ||
| Redemption Notice: | Redemption Frequency: | Notes: | |
| 1 Days | Daily |
||
| Distributions: | Distribution Frequency: | Last Distribution Date: | Last Distribution Amount: |
| Yes | Quarterly | AU$ |
| Offshore/Onshore: | Fund Structure: | Share Classes: |
Trustee/Responsible Entity: |
| Onshore | Unit Trust | AU$ | One Managed Investment Funds |
| Administrator: | Prime Broker: | Custodian: | Legal: |
| Unity Fund Services | N/A | One Managed Investment Funds | N/A |
| Management Fee: |
Performance Fee: |
High Water Mark: |
Hurdle: |
| 0.85% | 0% | N/A | N/A |
| Buy Spread: | Sell spread: | Early Redemption Fee: | Fees Notes: |
| 0.250% | 0.250% | No |
| Latest Return Date: | Latest Result: | Fund Inception Date: | Annualised Return: |
| August 2024 | -0.65% | 14 August 2023 | 20.84% |
| Latest 3 Months: | Latest 6 Months: | Latest 12 Months: | Latest 2 Years p.a.: |
| 4.78% | 7.31% | 20.84% | N/A |
| Latest 3 Years p.a.: |
Latest 4 Years p.a.: |
Latest 5 Years p.a.: |
Latest 7 Years p.a.: |
| N/A | N/A | N/A | N/A |
| % Positive Months (S.I.): |
Average Return: | Average +ve Return: | Average -ve Return: |
| 66.67% | 1.72% | 4.78% | -4.38% |
| Best Month: | Worst Month: | Up Capture Ratio (S.I.): |
Down Capture Ratio (S.I.): |
| 8.57% | -6.59% | 76.28% | 78.00% |
| Largest Drawdown (S.I.): |
Longest Drawdown (S.I.): |
Current Drawdown (%): |
Current Drawdown (Months): |
| -6.59% | 5 months | -1.16% | 5 months |
| Annualised Standard Deviation (S.I.): |
Downside Deviation (S.I.): |
Sortino Ratio (S.I.): |
- |
| 17.92% | 10.58% | 1.40 | - |
| Sharpe Ratio (12 months): |
Sharpe Ratio (3 years): |
Sharpe Ratio (5 years): |
Sharpe Ratio (S.I.): |
| 0.92 | N/A | N/A | 0.92 |
| Please note, Sharpe and Sortino ratios are calculated using the Australian Risk Free Rate | |||
AFM's Quintile Rankings show performance and Key Performance Indicators (KPI's) of Euree A-REIT Securities Fund compared to a peer group of funds with a similar strategy and geographic mandate. Each green square places a fund in one quintile (or 20%) of its peer group - five indicating that the fund is in the top (best) quintile for the corresponding KPI.
As a reference point the equivalent "quintile" performance of the peer group's underlying market index is also indicated by the red dot.
| SQM: | Superior: 4 stars, August 2023 |
Historical Performance (all figures shown here are net of fees unless otherwise stated)
| Year | Jan % | Feb % | Mar % | Apr % | May % | Jun % | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | YTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.54 | 4.03 | 8.57 | -6.59 | 0.98 | 0.86 | 4.57 | -0.65 | N/R | N/R | N/R | N/R | 14.47 |
| 2023 | N/R | N/R | N/R | N/R | N/R | N/R | N/R | N/R | -6.30 | -3.98 | 8.09 | 8.56 | 5.57 |
Historical Financial Year Performance (all figures shown here are are percentage per month net of fees unless otherwise stated)
| Year | Jul % | Aug % | Sep % | Oct % | Nov % | Dec % | Jan % | Feb % | Mar % | Apr % | May % | Jun % | FYTD % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024/2025 | 4.57 | -0.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.89 |
| 2023/2024 | 0.00 | 0.00 | -6.30 | -3.98 | 8.09 | 8.56 | 2.54 | 4.03 | 8.57 | -6.59 | 0.98 | 0.86 | 16.32 |
