SUMMARY
The Fund returned 5.9% with key contributors to performance from our investments in the alternative sector including NEXTDC (NXT +18.6%), HealthCo REIT (HCW +13.8%) and Lifestyle Communities (LIC +8.7%).
AREITs returned a solid 5.8% in November as bond yields continued to trend downwards.
Inflation showed signs of moderating over the month, implying the medicine is working as the effects of the aggressive rate hike cycle kick in.