SGH LaSalle Concentrated Global Property Fund was upgraded by SQM Research to Superior 4 ¼ stars

Fund updates
24th Jul 2023

SGH are pleased to announce that SQM Research has upgraded the SGH LaSalle Concentrated Global Property Fund to “Superior – Four and a quarter stars.”

SQM Research considers the Fund has substantial potential to outperform over the medium-to-long term.

Past returns have tended to be strong. PDS compliance processes are high-quality. There are no material corporate governance concerns. Management is of a very high calibre and deemed high investment grade.

SQM Research outlines the strengths of the Fund as:

  • The fund managers, JLL and LaSalle are two of the world’s leading real estate service and investment firms and are focused solely on real estate. This allows the firm to dedicate substantial resources to research and analysis.
  • LaSalle has a highly skilled and experienced portfolio management team. The three portfolio managers possess an average of 20 years of industry experience. LaSalle had a strategic restructuring in Nov 2019. The team is now well-resourced and stable.
  • A disciplined and thorough investment process that provides a consistent valuation approach across all regions and sectors.
  • Key-person risk is low.
  • The management fee is lower than the G-REITs peer group.
  • The Fund has materially outperformed the reference index and peer group over the long-term periods

Congratulations to to the lead portfolio manager Matt Sgrizzi and the LaSalle team!

 

Disclaimer: The rating contained in this document is issued by SQM Research Pty Ltd ABN 93 122 592 036 AFSL 421913. SQM Research is an investment research firm that undertakes research on investment products exclusively for its wholesale clients, utilising a proprietary review and star rating system. The SQM Research star rating system is of a general nature and does not take into account the particular circumstances or needs of any specific person. The rating may be subject to change at any time. Only licensed financial advisers may use the SQM Research star rating system in determining whether an investment is appropriate to a person’s particular circumstances or needs. You should read the product disclosure statement and consult a licensed financial adviser before making an investment decision in relation to this investment product. SQM Research receives a fee from the Fund Manager for the research and rating of the managed investment scheme.

Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the SGH LaSalle Concentrated Global Property Fund (“the Fund”). Equity Trustees is a subsidiary of EQT Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT). This publication has been prepared by SG Hiscock and Company Limited (“SGH”) (ABN 51 097 263 628 AFSL 240679) to provide you with general information only. In preparing this document, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither SGH, Equity Trustees nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Product Disclosure Statement before making a decision about whether to invest in this product. The Fund’s Target Market Determination will be available on the SGH website here. A Target Market Determination is a document which is required to be made available from 5 October 2021. It describes who this financial product is likely to be appropriate for (i.e. the target market), and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the Target Market Determination for this financial product may need to be reviewed.