The Ninety One Property Equity Fund aims to provide income yield and capital growth over the long term. The fund targets returns in excess of the benchmark, measured over three year periods.
The fund maintains an exclusive focus on interest-income generating South African listed property stocks, specifically Property Unit Trusts (PUTs) and Property Loan Stocks (PLSs). The investment team utilises Ninety One Property Investments' proprietary research platform to assist in the screening and selection of listed property securities. The focus is on sourcing lines of stock at attractive prices and identifying value opportunities relative to the sector in order to achieve outperformance.