Centuria’s funds added to platforms
Centuria Capital has announced that its Diversified Property Fund (CDPF) has been added to the investment menus for HUB24, Netwealth, FUND.eXchange, Powerwrap, Colonial First State FirstWrap and Macquarie Wrap platforms.
The fund aimed to offer investors on the platform direct property exposure, combined with daily unit pricing and access to a monthly liquidity facility.
Centuria’s head of real estate and funds management, Jason Huljich said: “We have seen a substantial increase in fund inflows in the last quarter as the fund is now available for use with the vast majority of non-aligned financial advisers.
“Inclusion on platforms provides greater access for financial advisers, and their clients, to this strong-performing fund.”
The fund also offered investors access to tax-effective monthly income and the potential for long-term capital growth via investment in a diversified, open-ended portfolio of commercial property assets, which comprised 80 per cent direct property, 15 per cent Australian real estate investment trusts (A-REITs) and cash of five per cent.
“As the fund continues to grow, we will be looking to acquire direct assets for the fund. These will be high-quality, well located assets with financially strong tenants – ensuring stable and reliable returns for investors,” Huljich added.
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