How to invest in PUTS
Investing in a PUT of your choice is a lot easier than you may think.
Investors should position their investment in line with their view on the prospects of the various market components. The following factors should be considered:
	SECTOR PROFILE: Office (commercial), retail, industrial (including warehouses), or a mix.
	GEOGRAPHIC PROFILE: CBD or decentralised areas
	LEASE PROFILE: The spread of leases over the portfolio
	MANAGEMENT COMPANY: responsible for the day-to-day management of the fund and properties.
PUTs are listed on the main board of the JSE Limited, and as such, an order to purchase units in a PUT must be placed with a stockbroker, who will charge a brokerage fee, which can be as low as 0.35% of the value of the transaction. Unlike many other investment products, PUTs are not sold directly to investors by financial intermediaries, and thus there is no additional sales commission payable on the purchase of units.
Having decided that such a PUT investment fits your individual needs, you are advised to consult a stockbroker directly, or another financial adviser such as your accountant, bank manager or attorney, who should be able to assist you in placing an order with a stockbroker.