Spire USA ROC III (AUD)

ETL0460AU

Spire USA ROC III (AUD) ETL0460AU Strategy

The Fund obtains exposure to this strategy via its investment in a collection of inter-related private equity real estate funds which provide an investment structure for the pooling of equity capital commitments from US and non-US investors to invest in US real estate (ROC III Program) (see Investment Structure below for further details). The ROC III Program will borrow debt from US banks or other sources, such as Freddie Mac or Fannie Mae, to enhance the equity returns to investors.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common.
funds

Chart of the Week: The resounding impact of fees on your fund’s success

An updated look at the enduring predictive power of fees.
funds

Listed Investment Companies monthly performance: March 2026

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,965.0077.800.88%
CAC 408,183.345.53-0.07%
DAX 4025,104.7012.450.05%
Dow JONES (US)51,032.46363.490.72%
FTSE 10010,409.2816.68-0.16%
HKSE25,182.39176.230.70%
NASDAQ26,972.6255.150.20%
Nikkei 22566,329.501,636.382.53%
NZX 50 Index13,244.5538.440.29%
S&P 5007,580.0616.430.22%
S&P/ASX 2008,731.7073.100.84%
SSE Composite Index4,068.5730.07-0.73%

Market Movers