130x Filetype PDF File size 1.49 MB Source: publicsecurities.brookfield.com
Brookfield Brookfield Investment Funds (UCITS) Plc An open-ended investment company with variable capital authorised by the Central Bank as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (as amended) and Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities) Regulations, 2019 Registration Number 503109 20 SEMI-ANNUAL REPORT 19 INTERIM REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2019 Brookfield Global Listed Infrastructure UCITS Fund Brookfield Global Listed Real Estate UCITS Fund Brookfield U.S. Listed Real Estate UCITS Fund Brookfield Real Assets Securities UCITS Fund BROOKFIELD INVESTMENT FUNDS (UCITS) PLC TABLE OF CONTENTS Page Directors and Other Information 2 Statements of Financial Position 3 - 7 Statements of Comprehensive Income 8 - 10 Statements of Changes in Net Assets Attributable to Holders of Redeemable Participating Shares 11 - 14 Statements of Cash Flows 15 - 20 Notes to the Financial Statements 21 - 46 Brookfield Global Listed Infrastructure UCITS Fund Schedule of Investments 47 - 50 Schedule of Significant Portfolio Changes 51 - 52 Brookfield Global Listed Real Estate UCITS Fund Schedule of Investments 53 - 56 Schedule of Significant Portfolio Changes 57 - 58 Brookfield US Listed Real Estate UCITS Fund Schedule of Investments 59 - 60 Schedule of Significant Portfolio Changes 61 - 62 Brookfield Real Assets Securities UCITS Fund Schedule of Investments 63 - 73 Schedule of Significant Portfolio Changes 74 - 75 Appendix 76 - 77 1 DIRECTORS AND OTHER INFORMATION Directors Registered Office th Heather Goldman (American)** 4 Floor Jonathan Crile Tyras (American)* One George’s Quay Plaza Máire O’Connor (Irish)** George’s Quay Des Quigley (Irish)** Dublin 2 David Levi (American)* Ireland Investment Manager Depositary Brookfield Public Securities Group LLC*** RBC Investor Services S.A. Dublin Branch th Brookfield Place 4 Floor th One George’s Quay Plaza 250 Vesey Street, 15 Floor New York, NY 10281-1023 George’s Quay U.S.A. Dublin 2 Ireland Company Secretary^ Administrator and Transfer Agent Sanne Corporate Administration Services Ireland Limited RBC Investor Services Ireland Limited, th th 4 Floor 4 Floor 76 Baggot Street Lower One George’s Quay Plaza Dublin 2 George’s Quay Ireland Dublin 2 Ireland Independent Auditor Legal Advisers Deloitte Ireland LLP McCann FitzGerald Chartered Accountants and Statutory Audit Firm Riverside One Deloitte & Touche House Sir John Rogerson’s Quay Earlsfort Terrace Dublin 2 Dublin 2 Ireland Ireland * Non-Executive Director ** Non-Executive and Independent Director ***On January 4, 2019, Brookfield Investment Management Inc. changed its name to Brookfield Public Securities Group LLC. ^ Please refer to Note 16 for further information. 2 BROOKFIELD INVESTMENT FUNDS (UCITS) PLC STATEMENT OF FINANCIAL POSITION As at 30 June 2019 Brookfield Brookfield Brookfield Brookfield Global Listed Global Listed Global Listed Global Listed Infrastructure Infrastructure Real Estate Real Estate UCITS Fund UCITS Fund UCITS Fund UCITS Fund 30 Jun 2019 31 Dec 2018 30 Jun 2019 31 Dec 2018 Notes USD USD USD USD Assets Financial assets at fair value through profit or loss: Investment in transferable securities 8 437,790,212 252,295,407 345,037,825 433,625,268 Investment in financial derivative instruments 8,9 - - 1 451,325 Cash at bank 5 1,202,833 9,726,803 - 1,748,665 Amount receivable on sale of securities 2 - 30,326 2,818,244 960,780 Amount receivable on subscriptions 2 - 284 296,996 28,606 Interest and dividends receivable 2 1,640,591 798,118 1,284,763 1,879,579 Total assets 440,633,636 262,850,938 349,437,829 438,694,223 Liabilities Financial liabilities at fair value through profit or loss: Investment in financial derivative instruments liabilities 8,9 - - 109,745 18,050 Bank overdraft 5 - - 518,932 - Amount payable on purchase of securities 2 - 1,694,678 - 2,120,539 Amount payable on redemptions 2 225,838 203 1,148,297 - Investment management fees payable 3 316,073 214,800 243,318 329,629 Administration fees payable 3 10,843 9,413 10,666 12,074 Transfer agency fees payable 3 5,736 6,095 7,602 8,007 Directors’ fees payable 3 10,001 9,893 17,242 16,176 Depositary fees payable 3 22,264 20,525 27,082 20,873 Audit fees payable 3 5,236 9,824 5,177 9,765 Other accrued expenses and liabilities 153,237 170,723 134,371 147,264 Total liabilities (excluding amounts attributable to holders of redeemable participating shares) 749,228 2,136,154 2,222,432 2,682,377 Net assets attributable to holders of redeemable participating shares 14 439,884,408 260,714,784 347,215,397 436,011,846 The accompanying notes form an integral part of these financial statements. 3
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