The Nedgroup Investments Global Property Fund has celebrated its three-year anniversary as one of the top-performing global property funds locally and internationally.
The Nedgroup Investments Global Property Feeder Fund, domiciled in South Africa, is ranked as the best performing fund in the ASISA Global RE General sector, providing an annualised return of 7.5% outstripping the category average return of 5.0%*.
In addition, the Nedgroup Investments Global Property Fund, domiciled in Dublin, ranks in the 21st percentile of the Morningstar EAA Property Indirect Global category, having produced a return of 5.8% versus 3.8% for the peer group average**.
Rob Johnson, Head of Investments at Nedgroup Investments, says the three-year mark is an important minimum period for evaluation of any fund as it provides investors with the confidence that the application of a robust process is translating into a successful track record.
“This is an especially important milestone for us given the excellent performance of the fund and the unique access to global property and diversification benefits it provides investors. Managed by Resolution Capital, arguably the best global Real Estate Investment Trust (REIT) manager in the world, the fund can benefit from the manager’s experience and impressive ten-year track record,” he says.
Many investors tend to overlook REITs as an investment option to complement their existing Global investments. However, Johnson says global REITs are a powerful tool as part of a diversified investment strategy for investors looking for stable returns over the long term.