Funds SUMMARY

PRICING, DISTRIBUTION & PERFORMANCE

For further information on each Fund, please refer to the individual Fund page
All Unitholder requests should be directed to Pinnacle Client Service on 1300 010 311 or via email service@pinnacleinvestment.com

UNIT PRICING

as at 21 October 2021

Global Property Securities Fund – Class A
Entry Price Exit Price
1.9715 1.9637
Global Property Securities Fund – Series ll
Entry Price Exit Price
1.3430 1.3376
Global Property Securities Fund (Unhedged) – Series ll
Entry Price Exit Price
1.5387 1.5325
Global Listed Infrastructure Fund
Entry Price Exit Price
1.0114 1.0074
Real Assets Fund*
Entry Price Exit Price
0.5850 0.5826
Core Plus Property Securities Fund – Series ll
Entry Price Exit Price
1.7133 1.7065

For Unit Pricing for the Global Property Securities UCITS CCF, please refer to the individual Fund page

For Unit Pricing History – please refer to each individual Fund page

*Please note prior to 1 October 2019, this Fund was known as the Resolution Capital Core Plus Property Securities Fund.

DISTRIBUTION HISTORY – CPU

Global Property Securities Fund – Class A^
30 Sep 2021 30 Jun 2021
0.7999 0.7293
Global Property Securities Fund – Series ll^
30 Sep 2021 30 Jun 2021
  0.4436 0.4170
Global Property Securities Fund (Unhedged) – Series ll
30 Sep 2021 30 Jun 2021
 0.5285 0.4773
Real Assets Fund*
30 Sep 2021 30 Jun 2021
 0.0640 1.5019
Core Plus Property Securities Fund – Series ll
30 Sep 2021 30 Jun 2021
 0.0742 2.6835

For Distribution History – please refer to each individual Fund page

*Please note prior to 1 October 2019, this Fund was known as the Resolution Capital Core Plus Property Securities Fund.

^Currency hedging may impact the level of income distributions

NET PERFORMANCE

as at 30 September 2021

Note: all below performance is reported after fees.

Global Property Securities Fund – Class A
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
10yr
%p.a.
Inception
%p.a.*
FUND -5.3 0.9 23.4 6.8 6.6 11.9 9.6
INDEX1 -5.3 -0.2 29.1 4.8 4.4 10.1 6.8
ALPHA 0.0 1.1 -5.7 2.0 2.2 1.8 2.8

*Inception Date: 30 September 2008
1.From 1 April 2015 the benchmark changed from UBS Global Real Estate Investor Index (AUD Hedged) Net TRI to FTSE EPRA NAREIT Developed Index (AUD Hedged ) Net TRI.

Global Property Securities Fund – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
10yr
%p.a.
Inception
%p.a.*
FUND -5.3 1.2 21.2 6.8 6.6 10.8 4.2
INDEX2 -5.3 -0.2 29.1 4.8 4.4 10.4 5.5
ALPHA 0.0 1.4 -7.9 2.0 2.2 0.4 -1.3

*Performance Inception Date: 30 April 2006
2.FTSE EPRA/NAREIT Developed Index (AUD Hedged) Net TRI to 1 November 2014. Thereafter UBS Global Real Estate Investor Index (AUD Hedged) Net TRI. From 1 April 2015, FTSE EPRA NAREIT Developed Index (AUD Hedged ) Net TRI.
Please note this Fund was previously known as the Perennial Hedged Global Property Wholesale Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

Global Property Securities Fund (Unhedged) – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND -4.7 4.2 21.4 8.6 8.3 10.7 12.8
INDEX3 -4.7 3.0 28.6 6.2 5.7 8.6 11.7
ALPHA 0.0 1.2 -7.2 2.4 2.6 2.1 1.1

*Inception Date: 30 November 2011
3.FTSE EPRA/NAREIT Developed Index (AUD Unhedged) Net TRI
Please note this Fund was previously known as the Perennial Unhedged Global Property Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

Real Assets Fund
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
10yr
%p.a.
Inception
%p.a.*
FUND -0.8 6.1 28.1 12.1 10.1 14.7 8.8
INDEX4 -1.9 4.8 30.7 9.2 7.7 13.4 7.1
ALPHA 1.1 1.3 -2.6 2.9 2.4 1.3 1.7

*Inception Date: 30 September 2008
4. S&P/ASX 300 A-REIT Accumulation Index
Please note prior to 1 October 2019, this Fund was known as the Resolution Capital Core Plus Property Securities Fund.

Core Plus Property Securities Fund – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
10yr
%p.a.
Inception
%p.a.*
FUND -1.7 5.3 30.7 10.9 9.0 13.7 8.8
INDEX5 -1.9 4.8 30.7 9.2 7.7 13.5 8.3
ALPHA 0.2 0.5 0.0 1.7 1.3 0.2 0.5

*Inception Date: 31 August 1994
5. S&P/ASX 300 A-REIT Accumulation Index
Please note this Fund was previously known as the Perennial Australian Property Wholesale Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

For performance for the Global Properties Securities UCITS CCF, please refer to the Investor Report on the individual Fund page