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| Rebate Offer |
3.0% (75%) |
| Minimum Initial Investment |
$10,000 |
| Expected Close Date |
Ongoing |
| Description |
Westpac Diversified Property Fund aims to deliver regular tax deferred income with strong capital growth potential from a diverse portfolio of quality property assets. |
| Product Disclosure Statement |  | Download Product Disclosure Statement (PDS) |  | Request Product Disclosure Statement (PDS) |
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The Westpac Diversified Property Fund is an unlisted, open ended, direct property fund investing in retail, office and industrial properties in Australia. The Fund aims to deliver regular tax deferred income with strong capital growth potential from a diverse portfolio of quality property assets.
The Westpac Diversified Property Fund has a portfolio of 15 properties1 located across give Australian states and diversified across the retail, industrial and office property sectors. Properties held by the WDPF have high occupancy and investment grade tenants support a stable income stream for investors.
Key benefits
- Tax deferred income and capital growth potential
- Highly diversified portfolio: maximise performance reliability with a $460 million property portfolio diversified across sectors, geography and tenants. Approximately 78% of the current rental income is secured by leases to investment grade and government tenants.
- Investment flexibility: increase your investment at any time, reinvest your distributions without incurring transaction costs, and access your capital using the limited liquidity facility
- Reputable fund manager: rely on the expertise of Westpac Funds Management Limited, an experienced property manager
Lonsec has awarded the Fund a rating of "Recommended (Upper End)".
The responsible entity for the WDPF is Westpac Funds Management Limited, with over $3.1 billion1 in funds under management. The fund pays quarterly distributions and investors have access to a Limited Liquidity Facility that provides investors with the opportunity to sell Fund Units subject to the limits and conditions detailed in the Product Disclosure Statement. Fund Units can be sold each quarter at a 2% discount to the Net Asset Value per Unit.
Investors should ensure that they read the Product Disclosure Statement and are fully aware of the risks associated with this investment
1As at 31 December 2007
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 75% of the 4.0% upfront commission on investments in the Westpac Diversified Property as additional units. 2020 DIRECTINVEST retains 1.0% to cover postage and handling, marketing and administration of the fund. No trailing commission is paidon the Westpac Diversified Property. |
| Download Product Disclosure Statement (PDS) | | Request Product Disclosure Statement (PDS) | | Aegis Research Report | | PIR Research Report | | Fund Flyer |
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| Entry Fees | Entry fees are optional. Are you paying entry fees on existing managed funds? more info
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