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Business Services Industry
Pengana Property Securities Fund.
Australasian Business Intelligence, July, 2007
Jul 08, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Pengana Property Securities Fund has received a "recommended" rating from Lonsec. The fund owns a small number of overseas property stocks, but focuses on Australian listed property trusts. It has major holdings in trusts such as Centro Properties, Westfield, Stockland and Macquarie Goodman.
In the year to May 2007, the fund returned 42.4 per cent after fees. It has achieved an average of one per cent more than its benchmark index since being established in June 2003. Lonsec views the fund as ...
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