Key Highlights

  • The units traded at $1.83 on 9 November 2026, with a day range of $1.83 to $1.85.
  • The fund has approximately $2.23 billion in net Assets and 1,213,713,718 units outstanding.
  • Real estate accounts for 99.13 per cent of the portfolio, and the United States represents 66.84 per cent.
  • Management fees and costs are 0.80 per cent a year, and the fund holds 44 companies.

The Resolution Capital Global Property Securities Fund Active ETF (ASX:RCAP) gives Australian investors an actively managed portfolio of listed real estate securities from around the world. As at 9 November 2026, the units were quoted at $1.83, with a bid and offer range of $1.83 to $1.84. The fund reports net assets of about $2.23 billion and sits in the Equity Global Real Estate category, having been admitted to the ASX on 22 February 2022.

Fund fact

Detail

Last price

$1.83

Fund size

About $2.23 billion

Units outstanding

1,213,713,718

Management fees and costs

0.80% a year

Companies held

44

Benchmark

FTSE EPRA Nareit Developed NR Hedged AUD

Portfolio Structure and Geographic Reach

Real estate represents 99.13 per cent of the fund, with technology accounting for the remaining 0.87 per cent. The portfolio spans office buildings, shopping centres, industrial warehouses, residential communities, hotels and healthcare facilities, reflecting the fund's description of underlying property across the globe.

The largest country exposure is the United States at 66.84 per cent, followed by the United Kingdom at 8.10 per cent and Australia at 5.17 per cent. Japan, France, Germany and Hong Kong each contribute between roughly 2 and 5 per cent, which gives the fund a wide footprint across developed property markets.

Top Holdings and Weighting

Welltower leads the portfolio at 9.10 per cent, followed by Equinix at 7.33 per cent, Federal Realty Investment Trust at 4.73 per cent and Vivmark Residential at 4.43 per cent. Digital Realty, Extra Space Storage, Ventas, Unibail-Rodamco-Westfield, Essex Property Trust and Prologis complete the top ten.

The ten largest holdings make up 48.98 per cent of the fund, while the remaining 51.02 per cent is spread across 34 other positions. Healthcare, data centre, retail and residential property feature among the leading themes, so sector cycles in those areas can influence the overall unit price.

Costs, Cash Position and Trading

Management fees and costs are 0.80 per cent a year. The cash holding is small at 1.95 per cent, leaving stock at 98.06 per cent of assets. Because the fund is largely invested in listed equities, its unit price responds to the day-to-day pricing of property securities, and the modest cash allocation offers limited buffer against share market moves.

Units traded in a narrow band of $1.83 to $1.85 during the session, with 242,914 units changing hands compared with a typical daily Volume of about 662,909 units. Recent filings include the October 2026 units on issue report, the September 2026 investment update and the Dividend reinvestment plan price.

Final Word

Resolution Capital's global property fund offers broad exposure to listed real estate across developed markets, with a US-led geographic profile and a top ten that accounts for close to half the portfolio. The unit price was little changed on 9 November, and the fee of 0.80 per cent a year is the recurring cost investors should weigh against the fund's objectives. The periodic investment update and product disclosure statement remain the most useful documents for tracking the portfolio.