Fat Prophets Global Property Fund (AU:FPP) has released an update.
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The Fat Prophets Global Property Fund (FPP) reported a notable 5.07% increase in its Net Asset Value (NTA) during March 2024, outperforming the index returns in AUD terms which increased by 4.9%. This growth was highlighted by the Australian REIT sector’s robust performance, particularly the 10% spike in Goodman Group’s share price. Currency stability during the month meant minimal impact on returns from currency fluctuations.
For further insights into AU:FPP stock, check out TipRanks’ Stock Analysis page.