COMMUNITY PROPERTY FUND WINS MSCI AWARDS FOR THE THIRD CONSECUTIVE YEAR

The Community Property Fund has been awarded as the best performing specialist property fund for the third year in a row recognising the Fund’s strong investment performance.

The Community Property Fund has also won the award for achieving the highest net income growth of all property funds, over three years. This is a reflection that, in this category, it outperformed some of the largest established listed and non-listed funds in the sector.

The MSCI South Africa Direct Property Investment Awards are based on three-year annualised performance history, so as to eliminate any short-term fluctuations. MSCI collects financial, property and valuation records from listed and non-listed property funds, for the compilation of industry benchmarks, indices and portfolio analysis, and this data provides the basis for the awards.