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First State Global Property Securities

Ranked 22 out of 47 in - Global Equity over 12 months
All calculations are in GBP unless stated

Managed by

Stephen Hayes

Stephen Hayes is head of global property securities for First State Investments (‘FSI’). In his role, Stephen is responsible for management of the global property securities team, one of a number of FSI investment teams. The team manages domestic, Asian and global property securities portfolios for a number of funds. Prior to joining FSI in September 2012, Stephen founded Perennial Real Estate Investments in January 2006 and formerly had been head of property securities at FSI between 1999 and 2005. Stephen holds a Bachelor of Commerce (Economics and Management) from the University of Wollongong and is a Fellow of the Financial Services Institute of Australia.

Objective

The Fund aims to achieve aninvestment 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.

Showing fund performance in United Kingdom View performance globally

Performance

Global Equity over : 31/12/2014 - 31/12/2015

Total Return

Quarterly Performance

to 31/12/2015 Annual Q1 Q2 Q3 Q4
2015 4.6% 10.1% -9.9% -0.1% 5.5%
2014 24.1% 1.1% 6.6% 2.6% 12.2%
2013 0.4% 10.8% -3.7% -3.3% -2.7%
2012 17.5% 7.2% 3.2% 3.0% 3.1%
2011 -0.6% 1.0% 5.4% -13.8% 8.4%
2010 26.2% 12.1% -5.3% 10.6% 7.6%
2009 29.1% -20.5% 14.4% 34.9% 5.3%
2008 -27.4% -3.9% -8.7% -1.8% -15.7%
2007 -10.8% 7.6% -5.6% 1.1% -13.3%
2006 7.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2015

Top 10 Holdings

Stock Size
Simon Property Group Inc ORD 7.45
Equity Residential ORD 7.19
Hudson Pacific Properties Inc 4.67
Essex Property Trust Inc 4.54
Mitsui Fudosan Co Ltd ORD 4.53
General Growth Properties Inc ORD 4.29
SL Green Realty Corp 4.27
Boston Properties Inc ORD 4.14
Land Securities Group PLC ORD 3.77
UDR Inc 3.74
30/11/2015

Registered For Sale In

  1. Austria
  2. Chile
  3. France
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Sweden
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date12/09/2006
  • Share Class size41Mn
  • Base currencyGBP
  • ISIN GB00B1F76L55

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment50

Charges

  • Annual management1.50%
  • Initial investment4

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Economic conditions are not forecastable with the effects of the global financial crisis remaining unclear, according to Andrew Nicholas, head of global property securities at First State.

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).