Why invest in PUTS?
Investors should balance their investment exposure across a spread of asset classes including equities, bonds, property and cash investments. While equity provides for capital growth and cash reduces risk, property offers investors the best of both worlds. It's a secure, stable investment with a reasonably predictable future income stream, as well as the prospects of capital growth. The easiest, quickest, and safest way of investing in property is undoubtedly through PUTs. PUTs are considered to have one of the lowest risk profiles of property investment vehicles, and have the following benefits:
	They provide an accessible vehicle for investment in prime, well-located property, available in low-denomination units;
	They are easily bought and sold on the JSE Limited, making the investment simpler to trade than physical property;
	The daily prices of the various PUTs are available in most newspapers;
	Investment in a PUT does not require specialised property management expertise as PUTs are managed by professional, reputable management companies;
	Unit holders' interests are protected by strict regulatory controls;
	PUTs offer high income returns, which are generally less volatile than equities, thus smoothing returns from a mixed portfolio;
	Borrowings levels in each of the PUT funds is extremely low when compared internationally, so there is little risk that income will be eroded by high interest payments;
	They offer investors diversification of property risk over a number of buildings, tenants, lease expiry profiles and property sectors;
	Investors can purchase exposure to specific property sectors or geographical areas by investing in one of the more focused PUTs;
	They represent excellent security for investors who wish to raise loans; and
	Investors receive pre-tax income from their investment.