Managed Funds CFS Property Securities Fund v Australian Unity Property Securities Fund

Discussion in 'Shares & Funds' started by Lam Thieu, 30th Sep, 2007.

Join Australia's most dynamic and respected property investment community
  1. Lam Thieu

    Lam Thieu Well-Known Member

    Joined:
    24th Jan, 2017
    Posts:
    205
    Location:
    Melbourne, Australia
    These two appear to be the best performing funds for Property Securities.

    Australian Unity seems to outperform CFSin the past and charges only a slightly higher MER.

    Are there any advantages in investing in these funds with the supposed lul in the property market?
     
    Lam Thieu, 30th Sep, 2007
    #1
  2. DaveA__

    DaveA__ Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    580
    Location:
    Sydney, NSW
    its been discussed many times before. Be careful with unity as the 60% return in the last year has scewed all other years so it looks better...


    Additionally ive been invested in unity for 6 or 7 months now and my % return is currently negative. This means that for the other 5-6 months (between october 06 and feb 07) thats when they produced the 60% return. It seems very much a one hit wonder. Its no wonder they only provide the daily price and not historical data for their fund....
     
    DaveA__, 1st Oct, 2007
    #2
  3. shouldisell

    shouldisell Well-Known Member

    Joined:
    16th Jun, 2019
    Posts:
    348
    Location:
    melbourne
    I almost made that mistake when looking at a few funds.

    I can't remember which fund in particular, but the average return only looked decent because they had a few successful months.

    I think the actual returns should be made more easily available, so that beginners like me don't get all excited over the averaged figures.

    Why don't investsmart and direct access list the actual returns?

    Anyway, I just recently invested into the CFS Property Securities Fund. My account hasn't even opened yet, but I'm hoping it all works out well.
     
    shouldisell, 1st Oct, 2007
    #3
  4. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,412
    Location:
    Sydney
    As you requested: http://www.invested.com.au/7/compare-funds-managed-fund-comparison-charts-20131/ :D

    Your experience is exactly why I started building the first versions of this system well over a year ago - I got caught out by looking at historic rolling averages, which hid the fact that some funds previously had fantastic years - but were now actually performing pretty poorly. I wanted to see the real data and couldn't find it anywhere, so I started building a system to calculate this information for myself!
     
    Simon Hampel, 1st Oct, 2007
    #4
  5. shouldisell

    shouldisell Well-Known Member

    Joined:
    16th Jun, 2019
    Posts:
    348
    Location:
    melbourne
    Awesome Sim.

    I'll definitely find that useful when I start searching for my next fund.
     
    shouldisell, 1st Oct, 2007
    #5
  6. crc_error

    crc_error The Rule of 72

    Joined:
    1st Jul, 2015
    Posts:
    1,267
    Location:
    Melbourne, VIC
    I think its important to look at a fund which generates consistent returns.. I think some of us would have trouble holding onto a fund for years without growth..
     
    crc_error, 1st Oct, 2007
    #6
  7. Lam Thieu

    Lam Thieu Well-Known Member

    Joined:
    24th Jan, 2017
    Posts:
    205
    Location:
    Melbourne, Australia
    Thanks so much for this.

    The GLobal Resources Fund from CFS is not doing that badly as well...not too sure at the momment, resources or property
     
    Lam Thieu, 1st Oct, 2007
    #7
  8. crc_error

    crc_error The Rule of 72

    Joined:
    1st Jul, 2015
    Posts:
    1,267
    Location:
    Melbourne, VIC
    well LGL is going gang busters.. so I assume resources fund would be benefiting from this!
     
    crc_error, 1st Oct, 2007
    #8