SUMMARY
The AREIT sector was under pressure in May, down 8.7% following the RBA’s interest rate hike of 0.25% during the month. The Fund returned -10.3%, with the weakness driven by our overweight positions in Charter Hall Group (CHC) and Centuria Group (CNI).
We recently held a Portfolio and Investment Update webinar. Financial planners may complete a short questionnaire available HERE for CPD points.