Since inception

5.20%

As at 31/10/2024

After fees and before tax

Fund fee

1.05%

Estimated

(GST inclusive)

Unit Price

$2.3423

As at 15/11/2024

Risk indicator

5
Risk scale Lower risk | Higher risk

A single asset class Fund, which typically invests in New Zealand and Australian listed property securities.

$10,000 Invested Since Inception

Fund Performance
As at 31 October 2024
  1 Month 1 Year 3 Years* 5 Years* Since Inception*
Mint Australasian Property Fund 1.00% 15.41% -4.54% -1.14% 5.20%

Inception: 31 December 2007
* Per annum
Returns are after all fees and before tax

Key Features for the Fund

Aims to provide investors with long-term capital growth

Single asset class Fund, which typically invests in New Zealand and Australian listed property securities

Investment objective of outperforming the S&P/NZX All Real Estate (Industry Group) Gross Index after fees and expenses, over the medium to long term

Investors should expect returns and risk commensurate with the New Zealand and Australian property markets

Suitable for investors with a minimum 5 year investment horizon

Target
investment
mix

Mint's Australasian Property Fund is a single asset class Fund, which typically invests in New Zealand and Australian listed property and property related
securities.


The Fund has an investment objective of outperforming the S&P/NZX All Real Estate (Industry Group) Gross Index after fees and expenses, over the medium to long term.

Minimum suggested time frame
5 years plus

The target investment mix reflects our expectations over the course of an economic cycle and should be considered as a general indication only. We are an active manager and may at times apply investment strategies that differ from the investment mix but are within the investment guidelines of the fund. The current investment mix (together with the target investment mix) is available in the quarterly fund updates.

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John Middleton

Portfolio Manager

John has over 22 years' experience and joined Mint from ANZ Investments where he was Head of Australasian Equity Research. In New Zealand, he previously worked as Senior Analyst at AMP Capital undertaking analytical research on a range of sectors including Transportation, Healthcare and Technology companies across both New Zealand and Australia.

Prior to that John was based in London where he worked at JP Morgan as Head of European Aerospace and Defence Research. During this time, he was also heavily involved in corporate broking.

John started his career as a sell-side analyst working for ABN AMRO where he covered a range of sectors including Paper and Packaging, Support Services and Engineering.

John holds a BA in Modern Languages (French and Russian) and European Studies from the University of Bath and a Postgraduate Diploma in Organisation and Management from Cape Town University.

At Mint, John is Portfolio Manager for the Australasian Equity Fund, and provides research coverage across a number of sectors.

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David Fyfe

Portfolio Manager

David has over 15 years' experience in the financial industry and joined Mint after returning from 5 years working in London. During his time in London, he worked for global private equity firm Pantheon Ventures before joining Lloyds Bank as a Derivatives Analyst.

Previously David worked at BT Funds Management (NZ) as both a Quantitative and Equity Analyst undertaking sector research specialising in Transportation, Utilities and Technology in both New Zealand and Australian markets.

David holds a Bachelor of Commerce (Hons.) from the University of Canterbury and is a CFA Charterholder.

At Mint, David is the Portfolio Manager for the NZ SRI Equity Fund, and provides research across a number of sectors.

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