The Mint Australasian Property Fund has been issued a “4 IP” rating, with a score of 3.81/5.
The Fund can invest across a wide universe of property related securities which are listed on the New Zealand and Australian stock exchanges. This includes securities that derive the majority of their earnings from the ownership or control of real estate assets.
What is the Fund’s competitive advantage?
Qualitative Research Report and Data Tear Sheet
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https://platform.research-ip.com/funds/68263161
While the manager’s Fund Factsheet can be found on the Mint website.
Research IP says
Eve has more than 25 years’ experience in the financial sector and was one of the original members of the Mint team.
Research IP, 8 June 2020
The Fund is not constrained to the weightings in the benchmark. All equity and unlisted exposures must be to NZ and Australian property and property-related shares, which includes retirement villages and some infrastructure securities.
Mint adopts an iterative investment process which Research IP believes includes a sensible blend of quantitative and qualitative elements.
The fund also has the ability to hold up to 20% in cash and 60% in Australian listed property and property-related stocks. However, Research IP notes the fund is historically heavily biased to New Zealand REITs versus Australian REITs.
Research IP observes that the manager’s basic fee is now in line with sector peer relevant funds, having been revised down in July 2019.
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