Funds SUMMARY

PRICING, DISTRIBUTION & PERFORMANCE

For further information on each Fund, please refer to the individual Fund page
All Unitholder requests should be directed to Resolution Capital on 1300 737 240 or via email contact@rescap.com

UNIT PRICING

as at 17 August 2017

Global Property Securities Fund – Class A
Entry Price Exit Price
1.5986 1.5890
Global Property Securities Fund (Hedged) – Series ll
Entry Price Exit Price
1.0621 1.0558
Global Property Securities Fund (Unhedged) – Series ll
Entry Price Exit Price
1.1872 1.1801
Core Plus Property Securities Fund
Entry Price Exit Price
0.7285 0.7256
Core Plus Property Securities Fund – Series ll
Entry Price Exit Price
1.2261 1.2212

For Unit Pricing for the Global Property Securities UCITS CCF, please refer to the individual Fund page

For Unit Pricing History – please refer to each individual Fund page

DISTRIBUTION HISTORY – CPU

Global Property Securities Fund – Class A
30 Jun 2017 31 Dec 2016
3.5899 0.4002
Global Property Securities Fund (Hedged) – Series ll
30 Jun 2017 31 Dec 2016
2.3646 0.6571
Global Property Securities Fund (Unhedged) – Series ll
30 Jun 2017 31 Dec 2016
0.9118 0.7188
Core Plus Property Securities Fund
30 Jun 2017 31 Dec 2016
16.2628 0.4580
Core Plus Property Securities Fund – Series ll
30 Jun 2017 31 Dec 2016
6.0716 0.6536

For Distribution History – please refer to each individual Fund page

NET PERFORMANCE

as at 31 July 2017

Note: all below performance is reported after fees.

Global Property Securities Fund – Class A
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND 0.6 2.7 1.5 10.2  12.6 13.4 11.0
INDEX1 0.9 1.9 -1.7 8.2  10.6 12.3 7.7
ALPHA -0.3 0.8 3.2 2.0  2.0 1.1 3.3

*Inception Date: 30 September 2008
1.From 1 April 2015 the benchmark changed from UBS Global Real Estate Investor Index (AUD Hedged) Net TRI to FTSE EPRA NAREIT Developed Index (AUD Hedged ) Net TRI.

Global Property Securities Fund (Hedged) – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND 0.6 2.9 1.8 9.3 10.6 11.0 3.4
INDEX2 0.9 1.9 -1.7 8.0 11.4 12.3 5.7
ALPHA -0.3 1.0 3.5 1.3 -0.8 -1.3 -2.3

*Inception Date: 1 April 2006
2.FTSE EPRA/NAREIT Developed Index (AUD Hedged) Net TRI to 1 November 2014. Thereafter UBS Global Real Estate Investor Index (AUD Hedged) Net TRI. From 1 April 2015, FTSE EPRA NAREIT Developed Index (AUD Hedged ) Net TRI.
Please note this Fund was previously known as the Perennial Hedged Global Property Wholesale Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

Global Property Securities Fund (Unhedged) – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND -2.3 -2.2 -3.6 11.6 13.5 n/a 15.0
INDEX3 -2.2 -3.1 -7.5 9.6 13.2 n/a 14.6
ALPHA -0.1 0.9 3.9 2.0 0.3 n/a 0.4

*Inception Date: 1 December 2011
3.FTSE EPRA/NAREIT Developed Index (AUD Unhedged) Net TRI to 1 November 2014. Therafter UBS Global Real Estate Investor Index (AUD Unhedged) Net TRI. From 1 April 2015, FTSE EPRA NAREIT Developed Index (AUD Unhedged ) Net TRI
Please note this Fund was previously known as the Perennial Unhedged Global Property Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

Core Plus Property Securities Fund
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND -0.2 -5.6 -6.8 11.8 13.9 12.9 7.2
INDEX4 -0.2 -5.6 -10.6 10.4 13.0 12.3 5.6
ALPHA 0.0 0.0 3.8 1.4 0.9 0.6 1.6

*Inception Date: 30 September 2008
4. S&P/ASX 300 A-REIT Accumulation Index

Core Plus Property Securities Fund – Series ll
1mth
%
3mth
%
1yr
%
3yr
%p.a.
5yr
%p.a.
7yr
%p.a.
Inception
%p.a.*
FUND -0.2 -5.6 -8.0 11.1 12.8 12.1 8.4
INDEX5 -0.2 -5.6 -10.6 10.4 13.0 12.4 7.9
ALPHA 0.0 0.0 2.6 0.7 -0.2 -0.3 0.5

*Inception Date: 26 July 1994
5. S&P/ASX 300 A-REIT Accumulation Index
Please note this Fund was previously known as the Perennial Australian Property Wholesale Trust. Resolution Capital became the Investment Manager of the Fund effective 1 November 2014.

For performance for the Global Properties Securities UCITS CCF, please refer to the Investor Report on the individual Fund page