Performance of the Liquid Property Strategy
The Harvest Liquid Property Strategy aims to provide investors with an alternative to direct property investment. The Strategy offers global property exposure combining the ability to trade freely with the availability of a reliable stream of income.
It is Harvest’s view that property represents both an appropriate and highly attractive asset class for long term investment purposes, whether for pension funds or for other forms of long-term savings. Over the long term, global property prices tend to move ahead of inflation while also offering investors a strong and reliable source of income.
Source – Financial Express
Summary of Investment Objective
The investment objectives of this strategy are threefold
- to take advantage of the income generating power of property.
- to gain a diversified exposure to global property.
- to buy into an asset class which has under performed internationally in recent years.
Base Currency – EUR
Total Net Assets – €975M
Annual Distribution Target (Net) – 4.0%
Liquidity – Daily
Performance of the Harvest Liquid Property Strategy
Commentary on Recent performance (January 2023)
2022 was a challenging year for property funds generally, but was particularly so for listed REITs, and this was reflected in the performance of the Liquid Property Strategy. The negative trend was partly in response to general equity market weakness and partly as a result of sentiment turning against property worldwide due to the expected interest rate increases. The three component REITs in this strategy are now trading at very large discounts to the value of the real estate assets on their balance sheets and at least on the face of it are currently offering very attractive value. The wide geographic and sectoral exposure offered by the strategy, combined with the anti-inflationary characteristics of property, should assist in bringing about a meaningful recovery in capital value terms over the next few months. In addition, we
would expect income levels from the strategy to continue to grow as indexed rents provide a growing level of income to the underlying funds.
How do I find out more about the Harvest Liquid Property Strategy?
To find out more about the Harvest Liquid Property Strategy and to determine if it is suitable and appropriate for your portfolio please speak to your Client Advisor, call us on 01 237 5500 or email firstname.lastname@example.org
Past performance is not an indicator or guarantee of future performance. The value of units in the strategy and income received from it can go down as well as up, and investors may not get back the full amount invested. Other charges and taxes payable by an investor may not be included in the figures.
Warning: If you invest in this fund you may lose some or all of the money you invest. Past Performance is not a reliable guide to future performance. This fund may be affected by changes in currency exchange rates. The value of your investment may go down as well as up. Income may fluctuate in accordance with market conditions & taxation arrangements.
This marketing information has been provided for discussion purposes only. It is not advice, it is provided for general information purposes only and does not fully take into account your financial position, investment needs and objectives, attitude to risk, liquidity needs, capital security needs, capacity for loss, etc. It should therefore not be relied upon to make investment decisions. Prior to any formal investments taking place you will be provided with a detailed suitability letter taking into account all the above and outlining why the investment(s) are (not) suitable for you.