The portfolio manager engages in an individual dialogue about sustainability aspects with every provider of investment solutions. The purpose of this approach to ESG engagement is to ensure that all providers adopt the practice of ESG reporting and provide transparent and comparable information that can be used to make specific investment decisions.
SF Property Securities Fund
The SF Property Securities Fund invests in listed shares of Swiss real estate companies and listed Swiss real estate funds. The fund is broadly diversified across the Swiss real estate market by regions, types of use and investment styles of the underlying real estate investments.
Stock selection is focused on investments that display a stable rental income and positive performance. Thus, the fund targets a high income yield and the preservation of capital value.
Factsheet
SF Property Securities Fundas at 31 March 2024
| Share Class I - NAV CHF 206.64 |
Description
The fund invests in listed real estate funds and companies, as well as in non-listed real estate funds.
In addition to real estate funds, the product invests in real estate companies that enable additional earnings potential through other value-creation strategies. Investments in unlisted real estate funds stabilize long-term performance and facilitate optimization of the risk profile based on the market phase.
Fund Data
| Name | SF Property Securities Fund |
| Asset Manager | Swiss Finance & Property AG |
| Auditors | PricewaterhouseCoopers AG |
| Depositary bank | Credit Suisse AG |
| Reference currency | CHF |
| Benchmark | 50% SXI Real Estate Funds Broad 50% SXI Real Estate Shares Broad |
| Launch of share class | 3 November 2008 |
| Launch of fund | 11 November 2006 |
| ISIN / Valor | CH0045826101 / 4582610 |
| Distribution | Annually in March |
| Liquidity | Daily |
| First-time minimum payment | 5 mn CHF |
| Subscription and Redemption Fee | 0.15% on behalf of the fund |
| Management Fee 1 | 0.50% p.a. |
| Total Expense Ratio (TER) 2 | 0.54% |
| Total Assets | CHF 533.3 mn |
1 Investments in SFP products are not included in the management fee calculation.
2 As at 31.12.2023, TER (fund of fund) denotes the sum of all costs and commissions charged to the fund assets on the fund of f
Share Class I - Performance: Base 100 (Net)
| in % | YTD | 1 M | 3 M | 1 Y | 3Y | 5 Y |
| Fonds | 3.28 | 3.24 | 3.28 | 12.49 | 6.10 | 27.67 |
| Benchmark | 3.24 | 3.37 | 3.24 | 12.26 | 3.71 | 25.46 |
Share Class I - Statistical Analysis
| 36 months rolling | Funds | Benchmark |
| Performance p.a. | 2.00% | 1.23% |
| Volatility | 9.24% | 9.05% |
| Sharpe Ratio p.a. | 0.12 | 0.04 |
| Tracking Error p.a. | 1.42% | - |
| Information Ratio | 0.55 | - |
| Risk-free rate | 0.85% | - |
Investment Type
Sectors
Regions
Massgebend sind die Angaben des nachfolgend verlinkten Factsheets.
ESG-Report
Sustainability
The fund supports the achievement of the Federal Council's 2030 and 2050 climate targets. The sustainability policy pursues a consistent evaluation of relevant ESG indicators, which are used in the selection of investments. Regular ESG engagement with relevant market participants supports the development of investment decisions based on comparable information. The investment objective and the sustainability policy of the SF Property Securities Fund are defined in the prospectus with integrated fund contract. Further information on sustainability can be found at www.sfp.ch/en/products/sf-property-securities-fund.
Environmentally Relevant Key Figures
| Measured variable | Unit | Fund |
| Energy intensity in operation | KWh/m2/year | 102.6 |
| Share of renewable energy | % renewable of energy consumption | 43.3 |
| GHG intensity in operation | kgCO2/m2/année | 12.1 |
The key figures are based on publicly available information from third-party providers on the reporting date. Not all third-party providers publish information, which is why the degree of coverage is not necessarily 100%. The calculation methods are harmonised. This leads to retrospective corrections, which we apply in each case.
GRESB Rating1
| GRESB Standing Investment | 4 von 5 | ||
| GRESB Score Standing Investment | 84 von 100 | ||
| GRESB Average (Global participants) 2 | 80 von 100 | ||
| GRESB Peer Average (Swiss participants) 2 | 83 von 100 |
GRESB Portfolio Summary2
Source: GRESB
All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it.
GRESB ESG Breakdown1
Source: GRESB
The degree of coverage measured in terms of assets under management is approx. 70%.
1 The GRESB ESG Breakdown and the GRESB Rating are based on the GRESB reports for the calendar year 2022 and are calculated using the current portfolio allocation.
2 The GRESB Portfolio Summary, the GRESB Average and the GRESB Peer Average are based on the allocation as at 31 December 2022 and the GRESB reports for the calendar year 2022.
Dr. Patrick Sege | Seefeldstrasse 275 | 8008 Zürich | sege@sfp.ch | +41 43 344 74 78 | www.sfp.ch
Disclaimer
The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. Lipper Leaders fund ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com.
This document is intended for use solely by the person to whom it is conveyed on a confidential basis. By accepting and retaining this material and the information therein, which is intended for marketing purposes, the recipients confirm and agree to uphold the confidentiality of this document. The recipient is not authorised to transmit this document to third parties. This material may not be duplicated or copied, in whole or in part, for any purpose without the written prior consent of Swiss Finance & Property Funds Ltd and Swiss Finance & Property Ltd. This document constitutes neither an offer nor a recommendation to buy or sell securities or financial instruments and should not be interpreted as investment advice or any other type of decision-making tool or suggestion with regard to legal, tax-related or other matters. Neither the present document nor copies thereof may be sent, taken or distributed to the United States of America, or given to US persons (within the meaning of Regulation S of the US Securities Act of 1933 in its current valid version). Past performance is neither a guarantee nor an indicator of current or future performance or returns. The performance does not take into account any commissions and costs for issue or redemption of fund units. The prospectus, the Key Information Document (KID) as well as the annual and semi-annual reports can be obtained free of charge from Swiss Finance & Property Funds Ltd.
Sustainability
SF Property Securities Fund pursues a sustainability policy that is based on the consistent evaluation of the ESG performance indicators that are relevant to the selection of investments. A regular ESG dialogue with all relevant market players provides sustained support to developments ensuring the availability of transparent and comparable information.
The investment objective and sustainability policy of SF Property Securities Fund are defined in the prospectus with integrated fund contract.
The sustainability strategy of SF Property Securities Fund aims to ensure the greatest possible coverage by GRESB data (Global Real Estate Sustainability Benchmark) and the systematic capture of environmental indicators for all investment vehicles. The focus falls mainly on the long-term reduction of greenhouse gas emissions. Voting rights are exercised, with a particular emphasis given to appointing competent persons to the boards of directors of all companies.
Sustainability Approach
Directives and guidelines that are regularly reviewed set out the process for exercising voting rights. The Fund's management adheres to the 2016 guidelines of economiesuisse and integrates selected best practice criteria into its corporate governance processes.
In order to keep pace with the momentum of the sustainability movement, the sustainability strategy and sustainability approaches are systematically revised at least once every five years and amended, if needed.
GRESB Investor
Member since 2021
Contact
Johannes Schwab
Senior Portfolio Manager Indirect Investments
Member of Senior Management
Ruedi Göldi
Senior Portfolio Manager Indirect Investments
Member of Senior Management
Robert Sekula
Senior Portfolio Manager Indirect Investments
Member of Senior Management
Dr Patrick Sege
Head Client Relationship Management & Marketing
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