- The Atlas High Income Property Fund had a steady month gaining +0.4% a pleasing outcome in a month that saw markets globally fall between -2% and -5%. Uneven market conditions tend to suit the investment style of the Fund and our conservative stock selection. This occurs due to the Fund collecting income from call options sold that have expired out of the money and the market favouring stable rent collecting companies during times of uncertainty.
- The Fund declared a quarterly distribution of $0.035 per unit for the September Quarter, a slight increase over the June quarter. The distribution was paid to investors in early October.
Go to Monthly Newsletters for a more detailed discussion of the listed property market and the fund’s strategy going into 2022.