Resolution Capital Global Property Securities Fund (Managed Fund)
The Fund gives investors exposure to the underlying returns of some of the world’s highest quality real estate assets through a select portfolio of global real estate investment trusts (‘REITs’) and property companies.
$25,000 (Minimum not applicable when investing via ASX.)
The Resolution Capital Global Property Securities Fund (Managed Fund) gives investors exposure to the underlying returns of some of the world’s highest quality real estate assets through a select portfolio of global real estate investment trusts (‘REITs’) and property companies.
The Fund invests primarily in REITs and real estate securities that are listed, or soon to be listed, on stock exchanges around the world including but not limited to office buildings, shopping centres, industrial warehouses, residential communities, data centres and towers, self-storage, hotels and healthcare facilities. It will also have some exposure to cash.
The Fund’s investment objective is to achieve an annual total return that exceeds the total return of the Benchmark after fees on a rolling 3 year basis. In doing so, the Fund aims to provide income and some capital growth over the long-term.
The Fund is available as an Exchange-Traded Managed Fund (ETMF) – also known as an active ETF – accessible for investment on the ASX under the ticker RCAP. Otherwise the Fund can be accessed by applying directly with the Responsible Entity via an application form.
- Investment Objective - to exceed the total returns of the Benchmark after fees on a rolling 3-year basis
- Global diversification - Liquid exposure to a range of global real estate sectors and markets. Diversification from the Australian economy and property market
- Alignment of interests – Resolution Capital and the investment team invest alongside unitholders
- Simple access - being exchange traded, investors can buy or sell RCAP like a regular share on the ASX during the trading day
Click here for our latest Pricing and Performance.
The Resolution Capital Global Property Securities Fund (Managed Fund) received a ‘Gold’ Morningstar Analyst Rating™ (as of 18 July 2023), a ‘Highly Recommended’ rating from Zenith (July 2024) and Lonsec (September 2023), and has been certified by the Responsible Investment Association Australasia according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsiblereturns.com.au for details.
All content in respect of the Resolution Capital Global Property Securities Fund (Managed Fund) (ARSN 128 122 118) (the Fund) is issued by Pinnacle Fund Services Limited ABN 29 082 494 362 AFSL 238 371 (“PFSL”) as responsible entity of the Fund and is prepared by Resolution Capital Limited (ABN 50 108 584 167) (AFSL 274491) as the investment manager of the Fund. PFSL is not licensed to provide financial product advice.
The information provided is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making an investment decision in respect of the Fund, you should consider the current product disclosure statement (PDS) and Target Market Determination (‘TMD’) of the Fund and the Fund’s other periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au/, and assess whether the Fund is appropriate given your objectives, financial situation or needs in deciding whether to acquire or continue to hold, units in the Fund. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.
Neither PFSL nor ResCap guarantees repayment of capital or any particular rate of return from the Fund. Neither PFSL nor ResCap gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this listing. All opinions and estimates included in this listing constitute judgments of ResCap as at the date of listing creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.
Morningstar Disclaimer:
© 2023 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 https://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”).
Zenith Disclaimer:
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned ASX:RCAP, WHT0015AU, IOF0081AU, IOF0184AU and WHT0014AU – July 2023) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
Lonsec Disclaimer:
The Lonsec ratings (assigned as follows: Resolution Capital Global Property Securities Fund (Managed Fund) – September 2023; Resolution Capital Global Property Securities Fund (Unhedged) – Series II – September 2023; Resolution Capital Global Property Securities Fund (Hedged) – Series II – September 2023; Resolution Capital Real Assets Fund – May 2023) presented in this document are published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Ratings are limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial products. Past performance information is for illustrative purposes only and is not indicative of future performance. They are not a recommendation to purchase, sell or hold Resolution Capital products, and you should seek independent financial advice before investing in these products. The Ratings are subject to change without notice and Lonsec assumes no obligation to update the relevant documents following publication. Lonsec receives a fee from the Fund Manager for researching the products using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: https://www.beyond.lonsec.com.au/intelligence/lonsec-ratings.
RIAA Disclaimer:
The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
Resolution Capital is a specialist global listed real assets investment manager with a successful long-term investment track record and ardent culture of fiduciary responsibility. The firm was established in 2004 and is headquartered in Sydney, Australia and maintains an office in New York.
Resolution Capital aims to provide clients exposure to the underlying returns of some of the world’s highest quality real estate and infrastructure assets in a simple, transparent, liquid and tax efficient form.
Resolution Capital is a fundamental orientated investment manager with the objective of delivering superior risk adjusted long term returns, compared with recognised industry benchmarks. This is achieved through investment in a concentrated portfolio of carefully selected listed real estate and infrastructure securities with an emphasis on avoiding fundamental flaws, which could reasonably result in permanent impairment of the underlying investments. This aligns our investment process and security selection with clients’ objectives of long term real wealth creation and avoids the culture of index hugging.
Andrew is one of the founding members of Resolution Capital. Andrew has over 30 years experience in global financial and property markets.
Prior to founding Resolution Capital Andrew worked for the Australian Stock Exchange, CS First Boston and Lend Lease, and is a past Chairman of the Property Council of Australia’s Capital Markets Committee.
Andrew is also a Fellow of the Australian Property Institute, and a Fellow of the Royal Institute of Chartered Surveyors.
Sonia joined Resolution Capital in 2012 and has over 26 years of experience in global real estate investment and funds management. Sonia has managed opportunistic global real estate funds with Australian, European, US and Asian-based investments and capital transaction responsibilities in the Benelux/CEE markets.
In addition, she has had direct experience in fund establishment, structuring documentation and capital raising. Sonia has previously worked as a Fund Manager at Babcock & Brown, MGPA in London, and held portfolio management roles with Lend Lease in New York and Sydney.
Marco is one of the founding members of Resolution Capital and has over 30 years experience in global financial and property markets.
Marco has previously worked as a Senior Valuer at Jones Lang LaSalle and as a Consultant in JLL’s Advisory business where he was involved in valuing and advising institutional clients in regards to commercial real estate portfolios.
He also worked as an Equities Research Analyst at BBY, and a Capital Transactions executive at Lend Lease.
While at Lend Lease, Marco worked on real estate projects in Japan and Singapore.
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Resolution Capital provides answers to frequently asked questions about the Fund here.
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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