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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.
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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.
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