Key Takeaways
- • Metrics Real Estate Multi-Strategy Fund (ASX:MRE) disclosed an unaudited estimated post-tax Net Tangible Asset (NTA) backing of $2.2953 per stapled unit as at 30 September 2026, per a filing lodged by The Trust Company (RE Services) Limited on 14 October 2026.
- • The figure is explicitly subject to further adjustment, because a broader review and remediation of historical NTA, fee and unit pricing calculations for the Fund and its underlying funds remains ongoing.
- • The NTA incorporates adjustments from completion of the 30 June 2026 financial reporting process, including updated underlying fund asset valuations and fee calculations.
- • The Administrator, MCH Fund Administration Services Pty Ltd, prepared the figure; final remediated NTA, fees and underlying unit prices have not yet been determined.
Summary
Metrics Real Estate Multi-Strategy Fund (ASX:MRE) has disclosed an unaudited estimated Net Tangible Asset (NTA) backing of $2.2953 per stapled unit as at 30 September 2026, according to a filing lodged by The Trust Company (RE Services) Limited on 14 October 2026. The post-tax figure, prepared by the Fund's Administrator, MCH Fund Administration Services Pty Ltd, is expressed in Australian dollars and was calculated using the best information available at the release date. The filing states the figures may include estimates and may be subject to adjustment.
The NTA incorporates adjustments arising from completion of the 30 June 2026 financial reporting process, including updates to underlying fund asset valuations and fee calculations. Those adjustments are central to the disclosure's caveats. The Trust Company (RE Services) Limited and the Administrator are conducting an ongoing review and remediation process covering historical NTA, fees and unit pricing for the Fund and its underlying funds. According to the filing, the final remediated NTA, fees and unit prices of the underlying funds have not yet been determined, meaning the disclosed NTA may be revised once that review concludes.
The Fund is a stapled structure comprising the Metrics Real Estate Multi-Strategy Passive Trust (ARSN 679 413 293) and the Metrics Real Estate Multi-Strategy Active Trust (ARSN 679 413 695). The Responsible Entity is The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235150). The filing describes the investment objective as seeking to provide cash income, preserve investor capital and manage investment risk, while offering potential equity upside through exposure to a diversified portfolio of Australian and New Zealand commercial real estate across the capital structure, including Senior Loans, Mezzanine Debt and Equity investments.
The NTA incorporates adjustments arising from completion of the 30 June 2026 financial reporting process, including updates to underlying fund asset valuations and fee calculations. Those adjustments are central to the disclosure's caveats. The Trust Company (RE Services) Limited and the Administrator are conducting an ongoing review and remediation process covering historical NTA, fees and unit pricing for the Fund and its underlying funds. According to the filing, the final remediated NTA, fees and unit prices of the underlying funds have not yet been determined, meaning the disclosed NTA may be revised once that review concludes.
The Fund is a stapled structure comprising the Metrics Real Estate Multi-Strategy Passive Trust (ARSN 679 413 293) and the Metrics Real Estate Multi-Strategy Active Trust (ARSN 679 413 695). The Responsible Entity is The Trust Company (RE Services) Limited (ABN 45 003 278 831, AFSL 235150). The filing describes the investment objective as seeking to provide cash income, preserve investor capital and manage investment risk, while offering potential equity upside through exposure to a diversified portfolio of Australian and New Zealand commercial real estate across the capital structure, including Senior Loans, Mezzanine Debt and Equity investments.
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