First State Global Property Securities Fund Class A (Accumulation) GBP

Performance History31/12/2018
Growth of 1,000 (GBP) Advanced Graph
First State Global Property Securities Fund Class A (Accumulation) GBP
Fund23.84.417.41.4-4.8
+/-Cat5.10.1-1.8-1.6-2.6
+/-B’mrk2.0-1.0-7.4-3.6-5.2
 
Key Stats
NAV
22/01/2019
 GBX 206.33
Day Change -0.02%
Morningstar Category™ Property - Indirect Global
IA (formerly IMA) Sector Property Other
ISIN GB00B1F76L55
Fund Size (Mil)
22/01/2019
 GBP 258.62
Share Class Size (Mil)
22/01/2019
 GBP 23.14
Max Initial Charge -
Ongoing Charge
14/01/2019
  1.54%
*  This rating and report were issued for a different share class of this fund. The performance and fee structure of this class may vary from that referenced.
Morningstar Research
Analyst Report

We have yet to see a consistent execution of the process and outperformance from First State Global Property Securities’ team. The fund continues to merit a Morningstar Analyst Rating of Neutral.Veteran manager Stephen Hayes heads the management...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentNeutral
ProcessNeutral
PerformanceNeutral
PricePositive
Investment Objective: First State Global Property Securities Fund Class A (Accumulation) GBP
The Fund aims to achieve an investment return consistent with income and long term capital growth. The Fund primarily invests in a broad selection of securities issued by real estate investment trusts or companies that own, develop or manage real property from around the world.
Returns
Trailing Returns (GBP)22/01/2019
YTD6.14
3 Years Annualised8.44
5 Years Annualised9.10
10 Years Annualised11.74
12 Month Yield 2.71
Management
Manager Name
Start Date
Stephen Hayes
01/09/2012
Inception Date
12/09/2006
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE EPRA Nareit Developed TR GBPFTSE EPRA Nareit Global TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  First State Global Property Securities Fund Class A (Accumulation) GBP30/09/2018
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.880.0096.88
Bond0.000.000.00
Property0.000.000.00
Cash2.640.002.64
Other0.480.000.48
Top 5 Regions%
United States49.38
Japan12.64
Eurozone12.08
Asia - Developed10.43
United Kingdom6.82
Top 5 Sectors%
Real Estate89.53
Consumer Cyclical8.13
Technology2.34
Top 5 HoldingsSector%
Prologis IncReal EstateReal Estate5.83
Simon Property Group IncReal EstateReal Estate5.06
Equity ResidentialReal EstateReal Estate4.70
Invitation Homes IncReal EstateReal Estate4.65
Host Hotels & Resorts IncReal EstateReal Estate4.56
First State Global Property Securities Fund Class A (Accumulation) GBP