Fat Prophets Global Property Fund (AU:FPP) has released an update.
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In November 2024, the Fat Prophets Global Property Fund (FPP) reported a robust 3.46% increase in its net tangible assets (NTA), outperforming both the Global and Australian REIT indices, which rose by 3.0% and 2.3% respectively. This marks a strong performance for the fund, driven by strategic investments in the real estate sector despite a slightly weaker Australian dollar.
For further insights into AU:FPP stock, check out TipRanks’ Stock Analysis page.