- May 2017 marked the launch of the Atlas High Income Property Fund into the turbulent Australian equity market.
- The Australian Listed Property index fell -1.3% over the month, which was ahead of the wider Australian equity market that declined -2.8%.
- The Fund’s unit price was essentially unchanged as we are maintaining a cautious approach in constructing the portfolio. Losses were balanced off against gains from call options sold.
Go to Monthly Newsletters for a more detailed discussion of the listed property market in May and the fund’s strategy