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May 2016 Monthly newsletter
Not shooting the lights out
Returns are the meat and potatoes of the funds management industry. Generally, the higher the better. APN is different. We do not, in the lingua franca of the profession, aim to ‘shoot the lights out’.

We do however, offer something far more valuable.

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The Olympics won’t save Japan, but visas might
Tokyo, which hosts the 2020 Olympics, is hoping for the spike in tourism that host nations tend to experience. Whilst this is good news for investors in the APN Asian REIT Fund it is by no means the main story.

For that, we have to turn to something at once mundane and transformational.

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What Hong Kong’s retail slump really means
Once upon a time customers would line up, sometimes for hours, along the ritzy shop windows of Louis Vuitton and Dior, waiting eagerly behind velvet ropes. Now the luxury boutiques that line Hong Kong’s Russell Street are eerily deserted.

What’s changed and does it affect the APN Asian REIT Fund?

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Who is APN Property Group?
Learn a bit about who we are here at APN Property Group by watching our 90 second sketch video.

Click here to watch our 90 second sketch video.
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Investment opportunities - register your interest

If you would like to be notified of our new products and other opportunities, please click here.

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Monthly performance updates
APN Asian REIT Fund
APN Property for Income Fund
APN Property for Income Fund No. 2
APN Unlisted Property Fund
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Important information

This summary has been prepared by APN Funds Management Limited (APNFM) (ACN 080 674 479 ABN 60 080 674 479, AFSL No 237500) for general information purposes and whilst every care has been taken in relation to its accuracy, no warranty is given or implied. APNFM is a wholly owned subsidiary of APN Property Group Limited ACN 109 846 068. APNFM is the responsible entity and issuer of the APN Property Group products covered in this update. The information provided does not constitute investment advice and does not purport to contain all relevant information necessary for making an investment decision. It is provided on the basis that the recipient will be responsible for making their own assessment of their financial needs and will seek further advice about the investment as is considered appropriate. General risks apply to an investment in APN funds and must be considered before making an investment. Returns shown are for retail investors, net of fees and costs and are annualised for periods greater than one year. Returns and values may rise and fall from one period to another. Past performance is not an indication of future performance. This update may contain certain ‘forward-looking’ statements. Actual outcomes may differ materially from these forward-looking statements and no representation or warranty is given in relation to these including as to their completeness or accuracy on the basis on which they were prepared.

In deciding whether to invest or continue to hold an investment in an APN fund, a person should obtain a copy of the Product Disclosure Statement for the relevant fund and consider its content. We recommend that a person obtain financial, legal and taxation advice before making any financial investment decision. A copy of the PDS is available from APN Funds Management Limited, at Level 30, 101 Collins Street, Melbourne 3000 or by visiting

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