Mahindra Manulife Mutual Fund Launches ‘Mahindra Manulife Asia Pacific REITs FoF’

Fund is likely to capture the recovery on the back of roll-out of COVID-19 vaccines and reopening of economies and REITs historically have delivered competitive total returns, based on high, steady rental income and long-term capital appreciation The scheme is suitable for investors who are looking to diversify their portfolio and build exposure to real estate markets internationally.REITs are one of the key beneficiaries amid the global search-for-yield, with the potential recovery on the back of roll-out of COVID-19 vaccines and reopening of economies.

Mumbai- Mahindra Manulife Mutual Fund Launches 'Mahindra Manulife Asia Pacific REITs FoF', for investors looking to diversify and build exposure to real estate markets internationally. Fund is likely to capture the recovery on the back of roll-out of COVID-19 vaccines and reopening of economies and REITs historically have delivered competitive total returns, based on high, steady rental income and long-term capital appreciation The scheme is suitable for investors who are looking to diversify their portfolio and build exposure to real estate markets internationally.REITs are one of the key beneficiaries amid the global search-for-yield, with the potential recovery on the back of roll-out of COVID-19 vaccines and reopening of economies. Asia Pacific REITs now likely to offer relatively attractive yields when compared to equities and bonds. Mahindra Manulife Asia Pacific REITs FoF will invest in Manulife Asia Pacific REITs fund, which will allocate funds predominantly in REITs across Asia Pacific countries. REITs historically have delivered competitive total returns, based on high, steady rental income and long-term capital appreciation. Their comparatively low correlation with other assets also makes them a portfolio diversifier that can help reduce overall portfolio risk and increase returns. Manulife Asia Pacific REIT fund that aims to achieve stable income and capital appreciation have REITs allocation between 70 to 100%, and rest in real estate and property management stocks(non- REITs). Ashutosh Bishnoi, MD and CEO, Mahindra Manulife Investment Management Private Limited, said "International REITs are a great way to diversify a portfolio and build exposure to real estate markets worldwide. With strong demand for office spaces, residential, warehousing, retail, and hospitality in Asia Pacific regions, investment in our REIT fund offers an opportunity to investors to grow their wealth over a period of time.REITs also tend to be good hedge against inflation" Jatinder Pal Singh, CMO, Mahindra Manulife Investment Management Private Limited, said "Real Estate Investment Trusts (REITs) have unique characteristics that may make them attractive to both income and growth investorsThe Asia Pacific REIT sector comprises a well-diversified mix of retail, commercial and industrial assets. Apart from the traditional retail malls, offices, industrial parks and hotels, Asia Pacific REITs also covers new industries like data centre and logistics which we believe could benefit from the recent rise of e-commerce and cloud computing". INR Indian rupee deteriorating by about 4% consistently against USD. For all the reasons that you can participate in the most flourishing real estate market of the world,aim for decent returns, add to that your addition of the currency difference, and taxation, I think it mix into a very nice package. So, it's a good time also to think about allocating some of your money in this kind of interesting opportunity NFO opens on 28th September and closes on 12 October, scheme reopens for continues sale and repurchase from 22nd October. The minimum purchase amount for subscription is just Rs. 5000 and you can also start SIP for as low as Rs. 1000. PWR PWR

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