The demand for the SA listed property sector has been very strong over the past year and it has enjoyed excellent total returns. Old Mutual has responded to investor demand and has introduced a SA Quoted Property Fund to its investment range. Inflows are expected to be strong, with the main investment objective of the fund being the maximising of total return. The fund will focus on establishing a good mix of shares with strong distribution growth prospects. The fund aims to be 85% invested in SA listed property shares at all times. There will be no offshore exposure because the rand exchange rate will add unwanted volatility to the fund's performance. As a consequence, the customised FTSE/JSE SA Listed Property index will be used as the benchmark.