May Monthly Property Income Fund Newsletter

  • The Atlas High Income Property Fund had a steady month in May, gaining +1.2% as Fund holdings  were buoyed by a Federal Budget that provided additional stimulus measures and the release of economic data showing that the Australian economy is recovering quicker than expected.
  • Concerns about inflation continued to influence markets over May, which was negative for companies with minimal to no earnings today, but with the promise of large profits in the distant future. As the Fund is populated with Trusts that deliver stable earnings today and can increase revenue in line with inflation, rising inflation should have a minimal impact on the Portfolio. Concerns about inflation are unlikely to swiftly flow through to increases in term deposit rates which remain close to zero as the banks are incentivised to limit rises in this important funding source.  

Go to Monthly Newsletters for a more detailed discussion of the listed property market and the fund’s strategy going into 2021.