March Monthly Newsletter

  • The Atlas High Income Property Fund had a solid month gaining +2.9% continuing to recover from the fall from January which saw panic selling on share markets globally based on inflation fears. The Fund maintained its value over the first quarter of 2022, a pleasing outcome in a period where ASX Listed Property declined by -7.4%.
  • The February reporting season was positive for the companies owned in the Fund and revealed continued improvement in company fundamentals, with management generally guiding to higher distributions over the coming year. March saw investors continuing to favour companies with characteristics Atlas values, namely consistent and stable earnings backed by long leases to high quality tenants.
  • The Fund declared a quarterly distribution of $0.036 per unit for the March Quarter. The distribution will be paid to investors in early April.

Go to Monthly Newsletters for a more detailed discussion of the listed property market and the fund’s strategy going into 2022