LMWI Diversified Property Fund
The LMWI Diversified Property Fund is wholly managed by LandMark White Group’s investment manager, LMW Invest Pty Ltd, part of the LandMark White Group. Established in 1988, LandMark White is one of the largest and most highly skilled independent valuation and property consultancy groups in Australia. At LMW Invest, we believe in delivering expert investment and funds management services drawn from long standing valuation expertise, extensive property knowledge and in-depth market research.
The Fund aims to generate traditional property returns, predominantly via exposure to a mix of Australian listed and unlisted property securities. It also has selected exposure to international listed property investments. This distinct mix, plus the management skills of leading fund managers, allows access to a range of domestic and international assets that may not be available to many individual investors. The Fund is run by a team of investment experts who regularly research and monitor the markets. The team is committed to the highest standards of integrity, transparency and diligence.
Daily Pricing
Downloads & Reports
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LMW Invest Fund
Fact Sheet
(PDF)
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Product Disclosure
Statement
(PDF)
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DPF Update - Dec 09
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Lonsec Fund
Review Report
05/12/2008 (PDF)
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Investment Strategy
Under the guidance of the investment manager, the Fund invests in other funds, being:
- In relation to the unlisted components of the portfolio - those selected by LMW Invest. LMW Invest uses a rigorous selection process driven by its investment committee.
- In relation to the listed components of the portfolio - we have chosen two funds managed by Intech as the lead underlying fund manager. The Intech funds are:
- The Intech International Property Securities (Hedged) Trust and
- The Intech Australian Property Securities Trust.
In turn, these funds give exposure to the management skills of leading fund managers as detailed on the following page... Read more about the Fund Investment Strategy
Portfolio Investments
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An agile solution
LMW Invest actively adjusts the investment mix generally within the exposure ranges below. |
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Target |
Min |
Max |
| Australian listed property |
30% |
20% |
60% |
| International lsited property |
25% |
10% |
40% |
| Australian unlisted property |
40% |
0% |
50% |
| Cash |
5% |
2% |
15% | |
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Target portfolio mix
All other things being equal, the target position would in time be the investment mix of the Fund. But in reality, the investment exposure can change within the ranges significantly and sometimes quickly. In the initial stages of the Fund, there may be significant variances from our target mix. |
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September 2009 Quarter Report
14.35%* QUARTERLY RETURN - LMWI Diversified Property Fund
We are delighted to announce that the LMWI Diversified Property Fund has provided a total return for the month of 6.14%* and 14.35%* over the quarter to 30 September 2009. This compares with the fund’s composite benchmark performance of 7.71% - an outperformance of 6.64%. The Fund also distributed 1.50 cents per unit to unit holders on the 13th October 2009. Download the full September Report below.
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LMWI DPF September Quarter Report
(PDF) |
* Disclaimer
This Quarterly Update does not include all the disclosures of the annual or half-yearly financial reports. Accordingly, it should be read in conjunction with the annual and half-yearly reports and any further announcements made by the Fund. The information contained in this Update is intended to provide general financial information only. While every effort is made to provide accurate and complete information, LMWI Managed Investments Limited ACN 130 606 987 does not warrant or represent that the information in this Update is free from errors or omissions or, as no account is taken of your individual objectives, financial situation, and investment needs, is suitable for your intended use. All reasonable care has been taken in relation to the preparation of this Update. No person, including LMWI Managed Investments Limited, or any other member of the LandMark White Group, accepts any responsibility for any loss or damage however occurring resulting from a use or reliance on the information given by any person. Past performance is not an indication of future performance and no guarantee of future returns is implied or given. Potential investors should consider the Product Disclosure Statement (PDS) for the relevant Fund when deciding whether to invest and seek their own financial, legal and/or taxation advice.
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