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

Performance History30/09/2019
Growth of 1,000 (GBP) Advanced Graph
First State Global Property Securities Fund Class A (Accumulation) GBP
Fund4.417.41.4-4.828.5
+/-Cat0.1-1.8-1.6-2.65.9
+/-B’mrk-1.0-7.4-3.6-5.25.1
 
Category: Property - Indirect Global
Category Benchmark: FTSE EPRA Nareit Global TR USD
Key Stats
NAV
18/10/2019		 GBX 244.45
Day Change -0.11%
Morningstar Category™ Property - Indirect Global
IA (formerly IMA) Sector Property Other
ISIN GB00B1F76L55
Fund Size (Mil)
18/10/2019		 GBP 381.40
Share Class Size (Mil)
18/10/2019		 GBP 33.70
Max Initial Charge -
Ongoing Charge
01/08/2019		  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

First State Global Property Securities is a reasonable option, but Stephen Hayes and the investment team must deliver consistent and dependable outcomes for the strategy to strengthen our conviction.Since 2012, Hayes has headed the team and been...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNegative
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)18/10/2019
YTD25.75
3 Years Annualised5.92
5 Years Annualised11.12
10 Years Annualised10.85
12 Month Yield 2.06
Management
Manager Name
Start Date
Stephen Hayes
01/08/2012
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) GBP30/06/2019
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.720.0098.72
Bond0.000.000.00
Property0.000.000.00
Cash0.300.000.30
Other0.990.000.99
Top 5 Regions%
United States55.03
Japan9.67
United Kingdom9.42
Eurozone8.06
Asia - Developed6.79
Top 5 Sectors%
Real Estate96.51
Consumer Cyclical2.24
Industrials1.24
Top 5 HoldingsSector%
Prologis IncReal EstateReal Estate5.26
Invitation Homes IncReal EstateReal Estate5.18
HCP IncReal EstateReal Estate4.88
Mid-America Apartment Communitie... Real EstateReal Estate4.16
Liberty Property TrustReal EstateReal Estate3.89
Increase Decrease New since last portfolio
First State Global Property Securities Fund Class A (Accumulation) GBP
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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