August Newsletter Atlas High Income Property Fund

  • The Atlas High Income Property Fund gained by +1.7% during August in a month where all of the Trusts held by the portfolio reported their profit results for the first six months of 2019. Due to our positioning towards higher-yielding rent collectors with recurring income and away from Trusts relying on development profits, the August reporting season provided few surprises.
  • Over the past year, a new source of volatility has crept into the market – outrageous Trump tweets, often designed to influence ongoing trade negotiations. Atlas believes that trying to manage a portfolio based on expected Trump tweets would surely result in poor outcomes for investors. What we can control is building a portfolio with trusts that are growing their dividends at a rate both greater than inflation. We were pleased to see that the companies owned by the Fund on average grew distributions by 3% compared with the first six months of 2018.

Go to Monthly Newsletters for a more detailed discussion of the listed property market and the fund’s strategy going into 2020.