Monthly Newsletter July 2008
Dear Adviser,
APN Property for Income Fund still delivers through the turmoil
Regular readers of our monthly commentaries will be familiar with our heavy focus on restating the low risk strategy that drives the investment process. The durability of our strategy is evident when we look at the long term performance of our fund with the longest track record – APN Property for Income Fund, which has delivered a total return of 11.19% pa since inception (1998) versus the Index of 8.11% pa over the same period.
Whilst we are cautious of talking about relative returns when total returns have been so poor over the past 12 months, we do feel our philosophy is vindicated when our process has generated such strong out-performance. We remain steadfastly committed to a long term approach in managing our investor’s money which is demonstrated by our focus on income, minimising turnover, eschewing short selling and setting our asset allocation for the long term.
Detailed commentary can be found by clicking here.
Also in this edition
Providing you with information that really hits the mark Our aim is to provide you with a comprehensive monthly update on topical issues to ensure you are kept abreast of continuing developments in the property market as well as activity that is specific to APN Funds Management. We warmly welcome your feedback on suggestions for improving the way we communicate or topics that would be of interest to you. Click here to share your thoughts with us.
For further information, please contact one of our Key Account Managers:
Yours Sincerely
APN Funds Management Limited
Ron Palermo
Head of Sales and Operations |
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