Resolution Capital Limited is pleased to announce that as of 30 June 2016, the Resolution Capital Global Property Securities Fund (‘the Fund’) has been upgraded to the ‘Gold’ Morningstar Analyst Rating™.
The Fund’s strategy is to offer liquid exposure to high quality global real estate. This is achieved by owning securities in some of the world’s leading listed real estate investments typically in the form of Real Estate Investment Trusts (REITs). The securities in the Fund own and manage property weighted toward the most desirable locations around the world, including New York, San Francisco, London, Hong Kong, Tokyo, Berlin, Paris, Sydney and Melbourne.
According to the 30 June 2016 Morningstar report, “Very few can match the experience of the four-man portfolio management team behind Resolution Capital Global Property Securities. That makes this high-conviction strategy one of our very favourite ways to access global real estate. We rarely hear better insights than those offered by Resolution Capital’s senior investment team.”
Managing Director and Global Portfolio Manager, Andrew Parsons, said: “Resolution Capital is delighted to have the qualities of the Fund recognised by Morningstar. Resolution Capital has a bias to companies which are more conservatively financially levered and management teams with high standards of corporate governance. Combined with the underlying quality real estate, these traits have been the hallmarks of our long term outstanding investment returns.”
The Resolution Capital Global Property Securities Fund has produced a net return of 12.2% p.a. since inception (30/09/08), as at 31 July 2016, outperforming the Benchmark* (9.0% p.a.).
ABOUT RESOLUTION CAPITAL
Resolution Capital is an active investment manager specialising in global portfolios of listed property stocks, primarily in the form of Real Estate Investment Trusts (‘REITs’). Majority employee owned, Resolution Capital was established in 2004 and is headquartered in Sydney, with an office in New York. As at 31 July 2016, Resolution Capital manages funds of over A$4.8 billion across global, Australian and Asian REIT strategies.
For more information visit: www.resolutioncapital.com.au
*From 1 April 2015, the benchmark changed from UBS Global Real Estate Investor Index (AUD Hedged Net TR) to FTSE EPRA/NAREIT Developed Index ( AUD Hedged) Net TRI.
Resolution Capital Limited Disclaimer:
Pinnacle Fund Services Limited (ABN 29 602 042 035, AFSL 238371) is the product issuer of the Resolution Capital Global Property Securities Fund (Unhedged) – Series II (ARSN 118 076 529), Resolution Capital Global Property Securities Fund (Hedged) – Series II (ARSN 118 190 542), Resolution Capital Core Plus Property Securities Fund (ARSN 131 850 363) and Resolution Capital Global Property Securities Fund (ARSN 128 122 118), collectively “the Funds”. The Product Disclosure Statement (“PDS”) of the Funds is available at www.resolutioncapital.com.au . Any potential investor should consider the relevant PDS before deciding whether to acquire, or continue to hold units in a fund. The issuer is not licensed to provide financial product advice. Please consult your financial adviser before making a decision.
Resolution Capital Limited (“Resolution Capital”) ABN: 50 108 584 167 AFSL No. 274491 is the investment manager of the Funds. Resolution Capital and Pinnacle Fund Services Limited believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. Subject to any liability which cannot be excluded under the relevant laws, Resolution Capital and Pinnacle Fund Services Limited disclaim all liability to any person relying on the information contained in this communication in respect of any loss or damage (including consequential loss or damage), however caused, which may be suffered or arise directly or indirectly in respect of such information. Any opinions or forecasts reflect the judgment and assumptions of Resolution Capital and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice before doing so. Past performance is not a reliable indicator of future performance.
Unauthorised use, copying, distribution, replication, posting, transmitting, publication, display, or reproduction in whole or in part of the information contained in this communication is prohibited without obtaining prior written permission from Resolution Capital Limited.
©  Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 (“ASXO”).