Performance & Statistics

The Fund continues to perform well against our investment objectives, producing consistently high and growing income as well as attractive capital growth. Historically, the Fund has had a less volatile performance compared to the average balanced property fund, due to its bias to income and absence of gearing.

Unit Price

		Bid	Offer	Mid-Market
2000	September	100.00	100.00	100.00
	December	99.52	100.21	99.87
2001	March	98.72	100.58	99.65
	June	99.51	103.41	101.46
	September	100.76	103.91	102.34
	December	101.37	104.22	102.80
2002	March	103.05	105.97	104.51
	June	104.00	106.94	105.47
	September	105.66	107.75	106.71
	December	105.20	108.45	106.83
2003	March	105.74	108.88	107.31
	June	107.94	111.31	109.63
	September	108.76	112.15	110.46
	December	109.70	112.97	111.34
2004	March	111.48	114.81	113.15
	June	113.76	117.37	115.57
	September	114.74	118.02	116.38
	December	116.13	120.24	118.19
2005	March	119.35	123.18	121.27
	June	120.92	124.84	122.88
	September	122.87	126.95	124.91
	December	126.43	130.43	128.43
2006	March	129.92	133.82	131.87
	June	134.83	139.03	136.93
	September	137.62	141.90	139.76
	December	141.31	145.82	143.56
2007	March	144.68	149.15	146.92
	June	144.68	149.00	146.74
	September	138.62	143.31	141.07
	December	124.69	128.69	126.69
2008	March	121.96	125.87	123.92
	June	115.45	119.11	117.28

Distribution

		Per Unit (p)
2001	February	1.54
	May	1.43
	August	1.62
	November	1.72
2002	February	1.59
	May	1.57
	August	1.67
	November	1.46
2003	February	1.34
	May	1.69
	August	1.67
	November	1.78
2004	February	1.78
	May	1.76
	August	1.70
	November	1.85
2005	February	1.79
	May	1.87
	August	1.81
	November	1.80
2006	February	1.95
	May	1.87
	August	1.90
	November	1.83
2007	February	1.85
	May	1.85
	August	1.90
	November	1.88
2008	February	1.93
	May	1.83