Current Issue Price

Issue Price

The Issue Price will be based upon the Fund’s Net Asset Value (NAV) plus Transaction Costs calculated on the last business day of each calendar month.

The RE publishes the Issue Price monthly in both AUD and USD, ex distribution.  Units are issued, based upon the end of month Unit Price, which is calculated post month end (10-15 days), and the units certificates will be issued thereafter.

The exchange rate that is used for the conversion is the wholesale AUD:USD exchange rate issued by the National Australia Bank at closing time on the relevant date (being the last business day of each month).

The Manager is currently calculating the current NAV, the NAV will be published at month end, please contact the Manager in the meantime if required.

The unit price below is post distribution unit price.

Date Issue PriceAUD Issue PriceUSD DistributionsPaid
30/06/2017 $1.3946 $1.0727 2 cents
31/05/2017 $1.4620 $1.0892
31/04/2017 $1.4568 $1.0889
31/03/2017 $1.4073 $1.0758 2 cents
28/02/2017 $1.4071 $1.0818
31/01/2017 $1.4390 $1.0889
31/12/2016 $1.5380 $1.1129 2 cents
30/11/2016 $1.5298 $1.1434
31/10/2016 $1.4989 $1.1411
30/09/2016 $1.4650 $1.1178 2 cents
31/08/2016 $1.4895 $1.1192
31/07/2016 $1.4895 $1.1204
30/06/2016 $1.4981 $1.1125 2 cents
31/05/2016 $1.5028 $1.0883
30/04/2016 $1.4264 $1.0919
31/03/2016 $1.3875 $1.0624 2 cents
29/02/2016 $1.5022 $1.0726
31/01/2016 $1.5045 $1.0682
31/12/2015 $1.4664 $1.0713 2 cents
30/11/2015 $1.5012 $1.0792
31/10/2015 $1.5215 $1.0801
30/09/2015 $1.5412 $1.0804 2 cents
30/08/2015 $1.5314 $1.0948
31/07/2015 $1.5038 $1.0969
30/06/2015 $1.4311 $1.0991 2 cents
31/05/2015 $1.4483 $1.1098
30/04/2015 $1.3980 $1.1158
31/03/2015 $1.4484 $1.1057 2 cents
28/02/2015 $1.3890 $1.0823
31/01/2015 $1.3871 $1.0793
31/12/2014 $1.3262 $1.0877 2 cents
30/11/2014 $1.3009 $1.1046
31/10/2014 $1.2522 $1.1026
30/09/2014 $1.2531 $1.0967 2 cents
31/08/2014 $1.2225 $1.1430
31/07/2014 $1.2221 $1.1395
30/06/2014 $1.2096 $1.1394 2 cents
31/05/2014 $1.2403 $1.1158
30/04/2014 $1.2198 $1.1329
31/03/2014 $1.2006 $1.1071 2 cents
28/02/2014 $1.2145 $1.0867
31/01/14 $1.2227 $1.0715
31/12/13 $1.2133 $1.0856 2 cents
30/11/13 $1.2164 $1.1054
31/10/13 $1.1668 $1.1073
30/09/13 $1.1797 $1.0982 2 cents
31/08/13 $1.2109 $1.0950
31/07/13 $1.1963 $1.0972
30/06/13 $1.209 $1.105 2 cents
31/05/13 $1.1525 $1.1071
30/04/13 $1.0778 $1.1177
31/03/13 $1.0908 $1.1363 2 cents
28/02/13 $1.1031 $1.1295
31/01/13 $1.0793 $1.1259
31/12/12 $1.1004 $1.1437 2 cents
31/11/12 $1.0454 $1.0834
31/10/12 $1.0454 $1.0828
30/09/12 $1.0430 $1.0828 2 cents
31/08/12 $1.0662 $1.1018
31/07/12 $1.0505 $1.1054
30/06/12 $1.0947 $1.1206 2 cents
31/05/12 $1.12 $1.09
30/04/12 $1.03 $1.07
31/03/12 $1.04 $1.08
28/02/12 $1.00 $1.08
31/01/12 $1.01 $1.07
31/12/11 $1.04 $1.06
30/11/11 $1.03 $1.06
31/10/11 $1.01 $1.06
30/09/11 $1.06 $1.02
31/08/11 $1.00 $1.07
31/07/11 $0.99 $1.08
30/06/11 $1.01 $1.08
31/05/11 $0 $0.00

After the Initial Period, changes in the Issue Price may occur from month to month, because of the calculation of the NAV, as this will vary as a result of, for example, changes in the underlying property values, changes in the amount of fees payable to the RE and the REIT Manager and changes in the exchange rate between USD and AUD, which in turn affect the Issue Price.

Calculation of Quantum USA Residential Property Fund Unit Price.
The unit price of the Quantum USA Residential Property Fund (QUSARPF) is calculated following the end of each month by dividing the Net Assets Value of the Fund by the number of units issued.

The Net Asset Value (NAV) is a consolidation of five separate US companies which hold property throughout the USA. Each US Company or LLC holds property in one state of the US. The property is recorded on the respective balance sheets at cost, unless a formal valuation has been undertaken. It is the policy of the fund’s managers to revalue properties every three years.

As these companies are US companies the NAV is converted into $AUD using the exchange rate for the month end. This value is disclosed on the Balance sheet of the Quantum USA Residential Property Fund as REIT Units and REIT Notes to which the assets and liabilities of the QUSARPF are added to arrive at a NAV.

The unit price above is post distribution unit price.