Global Funds for Australian Investors

Across asset classes, market inefficiencies create opportunities which expert managers can exploit to generate alpha. Higher potential alpha occurs in asset classes where there is a wide dispersion between the best and worst performing managers. The key therefore to adding alpha to an investment portfolio, is to identify – in wide dispersion asset classes – those managers which consistently generate top quartile or decile performance. This is the basis of the Spire Global Investment Series.

Funds open to new investment

Spire USA ROC Seniors Housing and Medical Properties Fund II

NOW OPEN FOR INVESTMENT

Spire has again partnered with US based Bridge Investment Group LLC, to provide Australian investors with the ability to access income and growth via an investment in the US Senior Housing and Medical Properties market.

Spire USA ROC Senior Housing and Medical Properties Fund II, will operate as a feeder fund to the underlying US investments sourced and managed by Spire’s US real estate partner, Bridge Investment Group  LLC.

The Fund acts as an Australian feeder fund into the assets of Bridge Seniors Housing and Medical Properties Fund II, LP (“Bridge Seniors II”). Bridge Seniors II is a “buy, fix, sell” private equity real estate fund, investing in income producing and value-add US seniors housing and medical office properties.

The Fund intends to provide investors with meaningful and consistent Current Income paid on an annual basis and the potential for strong capital appreciation and attractive risk-adjusted returns by investing in select Seniors Housing properties located throughout the US. The Fund will focus on independent living (“IL”), assisted living (“AL”) and memory care (“MC”) facilities, although the portfolio may also include skilled nursing facilities (“SNF”) and continuing care retirement communities (“CCRC”). The Fund also intends to opportunistically invest in select medical office and other healthcare-related properties which represent exceptional value.

Following the Investment Period, an exit strategy will be executed, which may include an IPO or trade sale of the portfolio.

Bridge Seniors II will acquire assets that will benefit from what is being called the “Silver Tsunami’ – the US ageing population demographic, in which over 10,000 people per day are turning 65.

Each asset acquired will have a value-add strategy which will be implemented to increase the property’s cash flow and total return. In many cases this will involve increasing the number of Memory Care beds in a facility. Memory Care is a relatively new specialist sector and asset class within the US senior housing market, which provides specialist accommodation and care programs for residents afflicted with dementia; the leading cause of which is Alzheimer’s disease.

Currently in the US, there are over 5 million people living with Alzheimer’s and someone develops Alzheimer’s every 68 seconds. Yet there are only 35,000 Memory Care beds available. Accordingly, most Memory Care facilities are 100% occupied – with waiting lists.

Following the amalgamation of the portfolio during the Fund’s Investment Period, Bridge will asses the method and timing of the most profitable exit strategy for the portfolio. It is expected that this exit strategy will seek to exploit the pricing differences between the private markets and the public markets, via a portfolio or portfolio sales to publicly traded Real Estate Investment Trusts (REITs), or via an Initial Public Offering (IPO) of the portfolio as a new REIT. Alternatively individual assets may be sold when value has been maximised.

The Bridge  team behind the underlying Bridge Seniors II program, concluded a similar strategy in 2006 via the sale of a US$5 Billion portfolio of US Senior Housing properties to a publicly traded REIT, generating a portfolio Internal Rate of Return (IRR) of 33% (p.a.).

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned February 2017) referred to in this document is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only.  This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice.  It is not a specific recommendation to purchase, sell or hold the relevant product(s).  Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs.  Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website.  Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments.  Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and athttp://www.zenithpartners.com.au/RegulatoryGuidelines

Ordinary Units

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Fund Facts

Asset Class: Global Real Estate

APIR: ETL1507AU

ASRN: 616 633 357

PDS Date: 17 February 2017

Suggested investment period: 5-7 years

Income Distribution: Annual as at 30 June

Redemptions: N/A - The Fund is Closed Ended

Wrap Access: TBA

Applications: open to new investment

Investment Partner: Bridge Investment Group

Spire Copper Rock Capital Global Smaller Companies Fund

The Fund aims to outperform the MSCI World Small Cap Index $A by 2% to 3% p.a. gross over a full market cycle (e.g. 5 to 7 years).

The actual outperformance of the Copper Rock Global Small Companies Fund since its inception date December 1, 2010 has been 2.3% p.a. above the MSCI World Small Cap Index*.

The Fund is rated “Recommended” by both Lonsec and Zenith Investment Partners.

Copper Rock has been nominated as a finalist in the 2015 Money Management / Lonsec Fund Manager of the Year 2015 – in the Emerging Manager category.

Copper Rock Capital Partners LLC (“Copper Rock”), based in Boston, MA, was founded in 2005 and provides specialised global equity investment management solutions for investors throughout the world with a strong focus on small cap investing globally. Copper Rock had approximately $5.1 billion (USD) in funds under management as at December 31, 2016.

Copper Rock believes that small and mid-cap markets are inefficient and uses a blend of quantitative and fundamental analyses to identify companies with superior growth rates relative to their peers. The Global Small Cap strategy typically looks for resilient and defensible business models that are characterized by underlying unit growth, longer term market share gains (an evidence of competitive strength), high profitability, and significant internal cash generation. Distinguishing elements of the process are also the application of a routinely practiced and proven Sell Discipline and Alert List that provide risk control and are crucial in preserving alpha earned in the portfolio.

  • The Fund will invest primarily in equity securities of US and non-US issuers listed on globally recognised exchanges of developed markets.
  • Investment in any one region or sector will generally be limited to +/- 6% relative to the Benchmark.
  • Investment in any one security will generally be limited to +/- 3.5% relative to the Benchmark.
  • The Fund may also invest up to 15% in emerging markets.
  • The securities in which the Fund may invest include common stocks, preferred stocks, convertible debt, depository receipts, rights and warrants.
  • The Fund may also invest in initial public offerings and private placements.
  • The Fund will generally hold between 80 and 120 securities.
  • The top 20 holdings will generally form 30% to 40% of the Fund.
  • The Fund will generally hold a maximum of 5% in cash.
  • The Fund will generally be unhedged, but there may be instances where the Fund has the ability to Hedge back into USD.

*Performance is for the Copper Rock Global Small Companies Commingled Fund and is based on month end unit prices before tax in Australian dollars (AUD). The Spire Copper Rock Global Smaller Companies Fund is a unit class of the Copper Rock Global Small Companies Commingled Fund. Gross performance is stated excluding all fees, costs and taxation. This is historical performance data. It should be noted the value of an investment can rise and fall and past performance is not indicative of future performance.

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned 4 December 2014) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners. com.au/ RegulatoryGuidelines.

Ordinary Units

  Net
1 month as at 31 May 2017 - Net of Fees 0.00%
3 months 6.41%
6 months 8.10%
FYTD 14.13%
1 Year 7.33%
2 Years 2.33%
Since Inception 10.77% p.a.
Active return since inception -3.88% p.a.
Date: Unit Price Net Monthly Return
26 June 2017 ENTRY - 1.0570
26 June 2017 EXIT - 1.0527
Period To Distribution Amount (cents per unit) Reinvestment price ($) Distribution Component Information
30 June 2015 13.9636 EX PRICE @ 30 JUNE 2015 $1.1274
30 June 2016 13.1633 EX PRICE @ 30 JUNE 2016 $0.9212

Fund Facts

Asset Class: Global Listed Equities

APIR: ETL0410AU

ASRN: 146 874 820

PDS Date: July 1, 2014

Suggested investment period: At least 5 years

Income Distribution: Annual as at 30 June

Redemptions: Daily liquid

Wrap Access: On selected platforms including BT Wrap, Macquarie Wrap, Asgard and mFund. Please contact SPIRE for further information. The Fund is rated "Recommended" by both Lonsec and Zenith Investment Partners.

Applications: open to new investment

Investment Partner: Copper Rock Capital Partners

Funds closed to new investment

Spire Wholesale Alternative Income Fund No.1 (AUD)

This Fund is available to Wholesale Clients only and is a partnership between Spire and its long-time U.S. real estate investment partner Bridge Investment Group Partners, LLC.

The Fund is a private debt fund and aims to generate a net annual distribution yield of 9-10% p.a. and a net total return (IRR) of 11-13% p.a. from investing in  loans backed by U.S. multifamily apartment communities and other commercial real estate. The loans will either be originated by Freddie Mac Multifamily or Bridge directly.

Ordinary Units

  Net
3 Months -3.78%
6 Months 3.09%
1 Year 8.90%
Since inception (% p.a) 1.67%
Date: Unit Price Net Monthly Return
31 March 2017 $0.9686 -3.78
31 December 2016 $1.01 7.14%
30 September 2016 (CUM) $0.9396 -5.53%
30 June 2016 (CUM) $1.0501 11.82%
30 June 2016 (EX) $0.9946 11.82%
30 March 2016 $0.9391 -5.19%
31 December 2015 $0.9906 -0.94%
Issue (November 2015) $1.00

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Period To Distribution Amount (cents per unit) Reinvestment price ($) Distribution Component Information
30 June 2016 5.5558 CPU N/A

Fund Facts

Asset Class: Private Debt

APIR: SPI0001AU

ASRN: Not yet available

PDS Date: Information Memorandum 9 November 2015

Suggested investment period: 7 years

Income Distribution: Annual as at 30 June

Redemptions: Not available

Wrap Access: Nil

Applications: closed to new investment

Investment Partner: Bridge Investment Group

Spire USA ROC III Fund (AUD)

THIS FUND IS NOW CLOSED TO NEW INVESTMENT.

Spire USA ROC III Fund (AUD) (the Fund) is the fourth US property-related fund created for Australian investors via the strategic partnership between Spire and US based Bridge Investment Group Partners, LLC (Bridge).

The Fund will invest as a single Limited Partner in a Partnership known as ROC Multifamily & Commercial Office Fund III LP (ROC III), for which Bridge is the Investment Manager. The Partnership is anticipated to comprise US and global institutional investors, endowment funds and family offices.

The ROC III Partnership has a total target equity amount of US$750 million. The Fund is expected to invest between US$50 million and US$100 million, subject to demand via this offer.

ROC III follows predecessor funds ROC I (2009 vintage / US $124 million equity with US$16 million in co-investment) and ROC II (2012 vintage / US$595.5 million equity). As at 30 September 2015, ROC I and ROC II had generated (USD denominated) net Internal Rates of Return (IRRs) of 16.3% p.a. and 28.3% p.a. respectively – and net multiples on invested equity of 1.76x and 1.49x respectively. However, it is important to bear in mind that the past performance of ROC I and ROC II is not a reliable indicator of future performance for ROC III.

Like ROC I and ROC II, ROC III will acquire a portfolio of value-add multifamily and commercial office properties on a ‘buy, fix, sell’ basis. ROC III will have a 3-year Investment Period (expiring January 2018) following which the 5-year Harvest Period will commence.

As at April 2016, an initial 25 properties have been acquired or placed under contract for approximately US$1.1 billion.

These investments are forecast by the Investment Manager, Bridge IGP,  to generate an average deal level 3 year cash- on-cash return of 8.7% p.a., a 19.1% gross IRR and a 1.92x net equity multiple.

The Fund aims to provide investors with an annual income stream and future capital growth from a diversified portfolio of quality properties, each of which Bridge has identified as having realisable value-add potential. The execution of value- added business plan for each asset is designed to enhance Net Operating Incomes and values.

The Fund operates on a total return basis and as such will not measure its returns against a benchmark.

Units in the Fund will not be listed or actively traded and should be considered as a long-term investment. Invested capital is expected to be progressively returned as each asset is stabilised and sold primarily during the Harvest Period, which will begin in January 2018. Alternatively, a portfolio sale or IPO exit could result in a complete return of capital at a single date within the Harvest Period.

The Fund is designed for Australian investors to increase their allocations to both global investments and alternative investments.

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned 4 January 2016) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners. com.au/ RegulatoryGuidelines.

Ordinary Units

  Net
Performance 1 month as at 31 May 2017 0.45%
Performance rolling 3 months: 8.48%
Performance rolling 6 months: 4.03%
Performance rolling 12 months: 2.01%
FYTD -2.61%
Since Inception: -2.61%
Since Inception (p.a): -2.09%
Date: Unit Price Net Monthly Return
31 May 2017 $0.9739 0.45%
30 April 2017 $0.9695 4.07%
31 March 2017 $0.9316 3.76%
28 February 2017 $0.8978 -1.35%
31 January 2017 $0.9101 -4.67%
31 December 2016 $0.9547 1.98%
30 November 2016 $0.9362 1.29%
31 October 2016 $0.9243 0.50%
30 September 2016 $0.9197 -1.91%
31 August 2016 $0.9376 (CUM) N/A
31 August 2016 $0.9297 ISSUE PRICE N/A - FX only during capital raising
31 July 2016 $0.9545 ISSUE PRICE N/A - FX only during capital raising
30 June 2016 $0.9593 ISSUE PRICE N/A - FX only during capital raising
31 May 2016 $0.9850 ISSUE PRICE N/A - FX only during capital raising
30 April 2016 $0.9341 ISSUE PRICE N/A - FX only during capital raising
31 March 2016 $0.9338 ISSUE PRICE N/A - FX only during capital raising

Fund Facts

Asset Class: Global Real Estate

APIR: ETL0460AU

ASRN: 609 038 600

PDS Date: 18 March 2016

Suggested investment period: 5 - 7 years

Income Distribution: Annually as at 30 June

Redemptions: N/A

Wrap Access: BT Wrap and others. Please speak with Spire regarding platform availability

Applications: closed to new investment

Investment Partner: Bridge Investment Group

Spire USA ROC Seniors Housing and Medical Properties Fund (AUD)

1.THIS FUND IS NOW CLOSED TO NEW INVESTMENT.

Spire’s second Fund has again partnered with US based Bridge Investment Group Partners, LLC, to provide Australian investors with the ability to access income and growth via an investment in the US Senior Housing and Medical Properties market.

Like Spire’s inaugural “ROC II” Fund, Spire USA ROC Senior Housing and Medical Properties Fund (AUD), will operate as a feeder fund to the underlying US investments sourced and managed by Spire’s US real estate partner, Bridge Investment Group Partners, LLC.

The Fund acts as an Australian feeder fund into the assets of ROC Seniors Housing and Medical Properties Fund, LP (“ROC Seniors”). ROC Seniors is a “buy, fix, sell” private equity real estate fund, investing in income producing and value-add US seniors housing and medical office properties.

The Fund owns a proportionate share of a current diversified portfolio of 50 separate real estate assets across the US, which have been acquired for approximately US$1.5 billion.

During ROC Senior’s 4 year Investment Period, the portfolio is expected to grow to US$2 billion in income generating assets.

Following the Investment Period, an exit strategy will be executed, which may include an IPO or trade sale of the portfolio.

The Fund will acquire assets that will benefit from what is being called the “Silver Tsunami’ – the US ageing population demographic, in which over 10,000 people per day are turning 65.

sm1sm3sm2

Each asset acquired will have a value-add strategy which will be implemented to increase the property’s cash flow and total return. In many cases this will involve increasing the number of Memory Care beds in a facility. Memory Care is a relatively new specialist sector and asset class within the US senior housing market, which provides specialist accommodation and care programs for residents afflicted with dementia; the leading cause of which is Alzheimer’s disease.

Currently in the US, there are over 5 million people living with Alzheimer’s and someone develops Alzheimer’s every 68 seconds. Yet there are only 35,000 Memory Care beds available. Accordingly, most Memory Care facilities are 100% occupied – with waiting lists.

sm4sm5sm6

Following the amalgamation of the portfolio during the Fund’s Investment Period, Bridge will asses the method and timing of the most profitable exit strategy for the portfolio. It is expected that this exit strategy will seek to exploit the pricing differences between the private markets and the public markets, via a portfolio or portfolio sales to publicly traded Real Estate Investment Trusts (REITs), or via an Initial Public Offering (IPO) of the portfolio as a new REIT. Alternatively individual assets may be sold when value has been maximised.

The Bridge Investment and Asset Management team behind the underlying ROC Seniors program, concluded a similar strategy in 2006 via the sale of a US$5 Billion portfolio of US Senior Housing properties to a publicly traded REIT, generating a portfolio Internal Rate of Return (IRR) of 33% (p.a.).

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned 20 May 2014) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners. com.au/ RegulatoryGuidelines.

Ordinary Units

  Net
1 month as at 31 May 2017 2.81%
Rolling 3 months 8.73%
Rolling 6 months 4.27%
FYTD 7.66%
Rolling 12 months 4.65%
Since Inception 26.28%
Since Inception p.a. 8.32%
Date: Unit Price Net Monthly Return
31 May 2017 $1.2573 2.81%
30 April 2017 $1.2229 1.78%
31 March 2017 $1.2015 3.90%
28 February 2017 $1.1564 -1.35%
31 January 2017 $1.1722 -4.66%
31 December 2016 $1.2295 1.97%
30 November 2016 $1.2058 6.31%
31 October 2016 $1.1342 0.47%
30 September 2016 $1.1289 -1.83%
31 August 2016 $1.1500 0.59%
31 July 2016 $1.1433 -2.10%
30 June 2016 $1.1678 (EX) -2.80%
30 June 2016 $1.1729 (CUM) -2.80%
31 May 2016 $1.2067 5.74%
30 April 2016 $1.1412 0.71%
31 March 2016 $1.1331 -6.15%
29 February 2016 $1.2073 -1.08%
31 January 2016 $1.2205 2.78%
31 December 2015 $1.1875 FX ONLY - CAPITAL RAISING PERIOD
30 November 2015 $1.2584 FX ONLY - CAPITAL RAISING PERIOD
31 October 2015 $1.2654 FX ONLY - CAPITAL RAISING PERIOD
30 September 2015 $1.2869 FX ONLY - CAPITAL RAISING PERIOD
31 August 2015 $1.2605 FX ONLY - CAPITAL RAISING PERIOD
31 July 2015 $1.2397 FX ONLY - CAPITAL RAISING PERIOD
30 June 2015 $1.2146 FX ONLY - CAPITAL RAISING PERIOD
31 May 2015 $1.2204 FX ONLY - CAPITAL RAISING PERIOD
30 April 2015 $1.1686 FX ONLY - CAPITAL RAISING PERIOD
31 March 2015 $1.2217 FX ONLY - CAPITAL RAISING PERIOD
28 February 2015 $1.1982 FX ONLY - CAPITAL RAISING PERIOD
31 January 2015 $1.2001 FX ONLY - CAPITAL RAISING PERIOD
31 December 2014 $1.1453 FX ONLY - CAPITAL RAISING PERIOD
30 November 2014 $1.0996 FX ONLY - CAPITAL RAISING PERIOD
31 October 2014 $1.0638 FX ONLY - CAPITAL RAISING PERIOD
30 September 2014 $1.0731 FX ONLY - CAPITAL RAISING PERIOD
31 August 2014 $1.0073 FX ONLY - CAPITAL RAISING PERIOD
31 July 2014 $1.0096 FX ONLY - CAPITAL RAISING PERIOD
30 June 2014 $1.000 N/A - FX ONLY
Period To Distribution Amount (cents per unit) Reinvestment price ($) Distribution Component Information
30 June 2016 0.6322 CPU inc 0.1150 CPU FITO N/A

Fund Facts

Asset Class: Global Real Estate

APIR: ETL0412AU

ASRN: 162 507 020

PDS Date: 20 May 2014

Suggested investment period: At least 7 years

Income Distribution: Annual as at 30 June

Redemptions: N/A Closed Ended

Wrap Access: Available on BT Wrap, Asgard and others

Applications: closed to new investment

Investment Partner: Bridge Investment Group

Spire USA ROC II Fund (AUD)

The Fund is closed to new investment.

The Fund acts as an Australian feeder fund into the assets of Real Estate Opportunity Capital Fund, LP (“ROC II”). ROC II is a US$2.1 billion “buy, fix, sell” private equity real estate fund, investing in value-add US multifamily apartment communities and office buildings, which are generally acquired opportunistically from distressed sellers or Mortgagees in Possession.

The Fund owns a 5.88% share of a diversified portfolio of ‘value-add’ real estate assets across the US. As at the date of this update, the ROC II portfolio had invested in 52 multifamily apartment communities and 9 office buildings, and of these 11 have now been sold at an average 22.2% net IRR and 1.38x multiple on invested equity. US$1.9 billion in assets remain, which will also be progressively sold down during the ‘harvest period’ as each asset’s value has been maximised and stabilised.

The Zenith Investment Partners (“Zenith”) Australian Financial Services License No. 226872 rating (assigned 5 April 2013) referred to in this document is limited to “General Advice” (as defined by the Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Zenith usually charges the product issuer, fund manager or a related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessment’s and at http://www.zenithpartners. com.au/ RegulatoryGuidelines.

Ordinary Units

  Net
Performance 1 month as at 31 May 2017 2.50%
Performance rolling 3 months: 5.39%
Performance rolling 6 months: 3.04%
Performance rolling 12 months: 7.22%
FYTD 8.96%
Since inception 82.51%
Since inception p.a. 16.60% p.a.
Date: Unit Price Net Monthly Return
31 May 2017 $1.3963 2.50%
30 April 2017 $1.3622 1.98%
31 March 2017 $1.3358 0.82%
28 February 2017 $1.3249 -1.30%
31 January 2017 $1.3424 -4.67%
31 December 2016 $1.4082 3.92%
30 November 2016 $1.3551 2.91%
31 October 2016 $1.3168 0.49%
30 September 2016 $1.3104 -1.83%
31 August 2016 $1.3348 6.33%
31 July 2016 $1.2554 -2.04%
30 June 2016 $1.2815 (EX) -1.59%
30 June 2016 $1.5647 (CUM) -1.59%
31 May 2016 $1.5901 6.31%
30 April 2016 $1.4957 -4.21%
31 March 2016 $1.4847 -3.94%
29 February 2016 $1.5456 -1.01%
31 January 2016 $1.5614 2.81%
31 December 2015 $1.5187 -0.45%
30 November 2015 $1.5255 -1.59%
31 October 2015 $1.5501 -1.61%
30 September 2015 $1.5754 -7.30%
31 August 2015 $1.6994 9.52%
31 July 2015 $1.5517 4.78%
30 June 2015 (CUM) $1.5502 -0.43%
31 May 2015 $1.5569 7.188%
30 April 2015 $1.4525 -3.1731%
31 March 2015 $1.5001 15.13%
28 February 2015 $1.3030 -0.59%
31 January 2015 $1.3107 4.99%
31 December 2014 $1.2484 4.22%
30 November 2014 $1.1979 4.60%
31 October 2014 $1.1452 -0.50%
30 September 2014 $1.1509 6.10%
31 August 2014 $1.0847 0.17%
31 July 2014 $1.0829 0.13%
30 June 2014 (ex Div) $1.1060 -1.55%
31 May 2014 $1.1234 -0.44%
30 April 2014 $1.1284 -0.01%
31 March 2014 $1.1285 -5.56%
28 February 2014 $1.1949 -3.14%
31 January 2014 $1.2336 2.19%
31 December 2013 $1.2080 3.99%
30 November 2013 $1.1617 8.18%
31 October 2013 $1.0739 10.325%
30 September 2013 $0.9734 -3.50%
31 August 2013 $1.0087 6.012%

downloads

Annual Report 30 June 2015 PDS - Spire USA ROC II Fund (AUD) Zenith Research – Spire ROC II Fund (AUD) Monthly Update - May 2017 Monthly Factsheet - April 2017 Monthly Update - April 2017 Monthly Update - March 2017 Monthly Update - February 2017 Monthly Update - January 2017 Monthly Update - December 2016 Monthly Update - November 2016 Monthly Update - October 2016 Monthly Update - September 2016 Monthly Update - August 2016 Monthly Update - July 2016 Monthly Update - June 2016 Monthly Update - May 2016 Monthly Update - April 2016 Monthly Update - March 2016 Monthly Update - February 2016 Monthly Update - January 2016 Monthly Update - December 2015 Monthly Update - November 2015 Monthly Update - October 2015 Monthly Update - September 2015 Unit Price Delay Notification - September 2015 Monthly Update - August 2015 Monthly Update - July 2015 Monthly Update - June 2015 Monthly Update - May 2015 Monthly Update - April 2015 Monthly Update - March 2015 Monthly Update - February 2015 Monthly Update - January 2015 Monthly Update - December 2014 Monthly Update - November 2014 Monthly Update - October 2014 Monthly Update - September 2014 Monthly Update - August 2014 Monthly Update - July 2014 Monthly Update - June 2014 Monthly Update - May 2014 Monthly Update - April 2014 Monthly Update - March 2014 Monthly Update - February 2014 Monthly Update - January 2014 Monthly Update - December 2013 Monthly Update - November 2013 Monthly Update - October 2013 Monthly Update - September 2013 Monthly Update - August 2013 Monthly Update - July 2013 Monthly Update - August 2013

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Period To Distribution Amount (cents per unit) Reinvestment price ($) Distribution Component Information
30 June 2016 29.0584 CPU inc 0.7398 CPU FITO N/A
30 June 2015 7.4138 CPU inc 0.483 CPU FITO N/A
30 June 2014 1.5362 CPU inc 0.3890 CPU FITO N/A

Fund Facts

Asset Class: Global Real Estate

APIR: ETL04371AU

ASRN: 162 507 020

PDS Date: 5 April 2013

Suggested investment period: At least 7 years

Income Distribution: Annual as at 30 June

Redemptions: N/A Closed Ended

Wrap Access: Available on BT Wrap and Asgard

Applications: closed to new investment

Investment Partner: Bridge Investment Group

Two ways to invest

  1. Through a financial adviser

    Contact your financial adviser to consider which fund is best suited to your objectives, financial situation and needs.

  2. Direct through Spire Capital

    To invest, please read and consider the Product Disclosure Statement (PDS) and then simply fill out the Application Form at the back of the PDS and send it with your application funds to the address detailed on the application form.

    The Product Disclosure Statement and application form are available as downloads above or can be found on our PDS’ and Forms page. Hard copies can be obtained by contacting us on (02) 9377 0755