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Overview
The Martin Currie Australia Property Securities strategy is designed for investors who seek to maximise longer-term returns.
The Martin Currie Australia Property Securities strategy invests in a high conviction portfolio of Australian and Asian property and property-related securities trading below our assessment of intrinsic Valuation, whilst considering each securities’ Quality.
Skill and discipline are needed to discern between value controversies and value opportunities. The dedicated Real Asset team has the experience and knowledge of the Australian and Asian markets, and forward-looking insights into replacement cost rents and sustainable cash flows. This means that they can look through the short-term market noise and focus on the long-term normalised earnings power of companies to drive security selection.
Key Information
To provide an after-fee return in excess of the S&P/ASX 300 AREIT Accumulation Index over rolling three-year periods.
Portfolio characteristics | Australia Property Securities |
---|---|
Objective | Long-Term Growth |
Asset Class | Listed Real Assets |
Style | Value |
Investable Universe | Australian and Asian listed securities |
Benchmark | S&P/ASX 300 A-REIT Accumulation Index |
Market capitalisation | All cap |
Regional limit | Up to 30% in non-ASX securities from Asia ex Japan (including New Zealand) |
Sector limit | N/A |
Security limit |
ASX listed: Benchmark +6%, no underweight constraint Non-ASX listed: no more than 7.5% |
Number of stocks | Typically 20 |
Portfolio turnover | Typically 30% p.a. |
Forecast tracking error | Typically 3% p.a. (ex ante) |
Inception | 1 August 1988 |
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"Our dedicated local team with deep knowledge of REIT markets enables research insights to be captured and implemented quickly and consistently."
Why Invest in Australia Property Securities
Long term capital growth and income with lower risk than the equity market
We have put Australian accumulation clients at the heart of product design for the Martin Currie Australia Property Securities strategy.
Active management avoids value traps
Skill and discipline are needed to discern between value controversies and value opportunities. The dedicated Real Asset team has the experience and knowledge of the Australian and Asian markets, and forward-looking insights into replacement cost rents and sustainable cash flows. This means that they can look through the short-term market noise and focus on the long-term normalised earnings power of companies to drive security selection.
Focus on quality, liquidity and transparency
By investing only in listed securities, the portfolio’s high liquidity and transparent pricing avoids common problems faced by unlisted property funds and concentrated REIT benchmarks
Investment Strategy
The strategy aims to deliver long term capital growth and income with lower risk than the equity market through:
- High conviction portfolio – An active portfolio of our 'best ideas' ASX-listed property securities
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals
- Proven investment process - Proprietary multi-lensed investment approach provides a broad perspective of expected return and risk
- Fundamental active ownership - Purposeful engagement with companies and client advocacy through proxy voting
- Experienced stock pickers with long term track record - Deep industry experience generating ‘active insights’

Investment Strategy
The strategy aims to deliver long term capital growth and income with lower risk than the equity market through:
- High conviction portfolio – An active portfolio of our 'best ideas' ASX-listed property securities
- Capturing forward-looking proprietary insights – Martin Currie Australia's unique set of fundamental and quantitative signals
- Proven investment process - Proprietary multi-lensed investment approach provides the broadest perspective of expected return and risk
- Fundamental active ownership - Purposeful engagement with companies and client advocacy through proxy voting
- Experienced stock pickers with long term track record - Deep industry experience generating ‘active insights’

Investment Team
Martin Currie’s suite of Real Income strategies are managed by the experienced Martin Currie Australia Real Asset team.
The strategy benefits from the close collaboration and deep industry expertise of wider Martin Currie Australia investment team and the broader Martin Currie global investment floor.

Andrew Chambers
- Job title
- Portfolio Manager, Real Assets
- Experience
- 28 years

Daniel Fitzgerald
- Job title
- Portfolio Manager, Real Assets
- Experience
- 22 years

Ashton Reid
- Job title
- Portfolio Manager, Real Assets
- Experience
- 31 years
HOW TO INVEST
Available Funds
We offer access to the strategy via segregated accounts and separately managed accounts.
Through our parent company, Franklin Templeton, investors are offered access to the below fund.
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Our Capabilities
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Ross Kent
Investment Client Portfolio Manager
T: +61 (0)3 9017 8629
M: +61 (0)455 253 384
E: rkent@martincurrie.com.au
Felicity Walsh
Managing Director, Australia and New Zealand
M: +61 (0) 429 209 566
E: Felicity.Walsh@franklintempleton.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Danni Yang, CFA®
Investment Client Portfolio Manger, Global Long-Term Unconstrained
M: +44 (0) 7826548065
E: dyang@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Contact Us
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mel Bucher
Head of Global Distribution
T: +44 (0) 131 479 4748
M: +44 (0) 758 414 7720
E: mbucher@martincurrie.com
Tim Baker, CFA®
Associate Client Portfolio Manager
M: +44 (0) 7795238754
E: tbaker@martincurrie.com
Our Capabilities
Please visit our contact page or speak to a member of our sales team, to discuss the most appropriate investment to meet your requirements and for more information on our investment capabilities.
Mark Cho, CFA®
Head of Americas Distribution
Intermediary Sales/Wealth Management
T: +1 212 632 3292
E: mcho@martincurrie.com
Breanna Ellsworth, CFA®
Client Portfolio Manager, Distribution - US
T: +1 212 632 3293
E: bellsworth@martincurrie.com
Drew Comatos
Client Portfolio Manager, North America
Intermediary Sales/Wealth Management
T: +1 203 703 6472
E: dcomatos@martincurrie.com