Lifetime Australasian Property Fund

Lifetime Australasian Property Fund

   

The Lifetime Australasian Property Fund is a single sector fund that provides exposure to Listed Property. It is invested 100% in growth assets (Listed Property). It does this through investing 50% in the Vanguard Australian Property Securities Index ETF, and 50% in the Kernel NZ Commercial Property Fund.

 

The fund seeks to track a composite index (before annual fund charge and tax), comprising:

• • • 50% - S&P/ASX 300 A-REIT Index
    • 50% - S&P/NZX Real Estate Select Index

 

Underlying Managers & Target Asset Allocations

The table below sets out the target asset allocation and underlying investment managers for the Fund.

For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).

 

Asset Class	Underlying Fund Managers	Investment Managers	Product Name	Benchmark Asset Allocation
Listed Property	Vanguard	Vanguard	Vanguard Australian Property Securities Index ETF	50%
Listed Property	Kernel	Kernel	Kernel NZ Commercial Property Fund	50%