Disclaimer

Fat Prophets has made every effort to ensure the reliability of the views and recommendations expressed in the reports published on its websites. Fat Prophets research is based upon information known to us or which was obtained from sources which we believed to be reliable and accurate at time of publication. However, like the markets, we are not perfect.

This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each recommendation for their own specific circumstances and realise that not all investments will be appropriate for all subscribers.

To the extent permitted by law, Fat Prophets and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Fat Prophets hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.

As at the date at the top of this page, Directors and/or associates of the Fat Prophets Group of Companies currently hold positions in:

ASX- Listed Australian stocks:

AMC, ANZ, APA, ADI, BOQ, BPT, BHP, BWP, COF, CQE CHC, CQR, CCL, CKF, CBA, DHG, DMP, ELD, EVN, FPC, FPP, FID, FMG, GOR, GMG, GPT, HPI, HUB, IGO, ILU, JHX, MAI, MCR, NAB, NSR, NCM, NEC, NUF, OSH, ORE, OZL, PAN, PAR, PPS, QBE, RSG, RIO, RFF, SFR, STO, SAR, SCG, SRV, SLR, SHL, S32, SPK, SBM, SGP, SYD, TLS, TPM, VCX, WES, WSA, WBC, WHC, WPL

International stocks:

Activision Blizzard Inc, Alibaba Group Holding Ltd, Alphabet Inc, Amadeus It Group Sa, American Homes 4 Rent, Apple Inc., Arena Reit No 1, Around Town, Avalonbay Communities Inc, Baidu Inc, Barrick Gold Corporation, BNP Paribas Act.A, Boston Properties Inc, Braemar Hotels And Resorts Inc, Brookdale Senior Living Inc, Budweiser Brewing Company Apac Ltd, Castellum Ab, China Oilfield Services, China Overseas Land & Investment Ltd Cisco Systems Inc, Citigroup Inc, Coeur Mining Inc, Corning Incorporated, Cousins Properties, Covivio Sa, Credit Agricole, Credit Suisse Group Ag, D.R. Horton Inc., Daikin Industries Ltd, Digital Realty Trust Inc, Diversified Healthcare Trust, Dr Reddys Laboratories Ltd, Enav, Entra Asa, ESR Cayman Ltd, Essex Property Trust Inc, Prime Junior Silver Miners ETF, Euro Next, Eurocommercial, Extended Stay America Inc, Extra Space Storage Inc, Fedex Corporation, Fresnillo Plc, Glanbia Plc, Global X Silver, Miners ETF, Harmony Gold Mining Company Ltd, Heidelbergcement Ag O.N., Heineken, Hilton Worldwide Holdings Inc, Hufvudstaden AB, Inmobiliaria Colonial SA, Intu Properties, Kerry PPT, Kone Corporation, LEG Immobilien AG, Lennar Corporation, LG Household & Healthcare Ltd, Link Real Estate Investment Trust, LVMH, Meituan Dianping, Merlin Properties Socimi SA, MGM China Holdings Ltd, Mitsubishi Estate Co, Mitsubishi Ufj Financial Group Inc, Mitsui Fudosan Co Ltd, Nintendo Co. Ltd., Nissha Printing Co. Ltd, Noble Mineral Resources Ltd, Nomura Holdings, Northwest Healthcare Properties REIT, Office Properties Income Trust, Powerhouse Energy Group Plc, PPHE Hotel Group Limited, Prologis Inc, Public Storage, Rigd Reliance Industries Limited, Royal Dutch Shell, Samsung Electronics Co Ltd, Sands China Ltd, Sanwa Holdings Corp, Segro Plc, Seritage Growth Properties, Shangri-La Asia Ltd, Simon Property Group Inc, Sony Corporation, SPDR Gold Trust, Spirit Realty Capital Inc, Spotify Technology Sa, Square Enix Holding, Sumitomo Mitsui Financial Group Inc., Sunlight Real Estate Investment Trust, Swire Properties, Tanger Factory Outlet Centers Inc, Taubman Centers Inc, Tencent Holdings Ltd, Tencent Music Entertainment Group, Terreno Realty Corp, THK Co. Ltd, Tokyo Tatemono Co, Tokyu Fudosan Holdings Corporation, Tritax Big Box Reit Plc, Uber Technologies Inc, UMH Properties Inc, Vail Resorts Inc, Vaneck Vectors Gold Miners ETF, Vaneck Vectors Junior Gold Miners ETF, Ventas Inc, Vereit Inc, Vodafone Group, Vornado Realty Trust, Walt Disney Company, Welltower Inc, Wynn Macau, Wynn Resorts Ltd.

These may change without notice and should not be taken as recommendations.

Disclaimer

Fat Prophets has made every effort to ensure the reliability of the views and recommendations expressed in the reports published on its websites. Fat Prophets research is based upon information known to us or which was obtained from sources which we believed to be reliable and accurate at time of publication. However, like the markets, we are not perfect.

This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each recommendation for their own specific circumstances and realise that not all investments will be appropriate for all subscribers.

To the extent permitted by law, Fat Prophets and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Fat Prophets hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.

As at the date at the top of this page, Directors and/or associates of the Fat Prophets Group of Companies currently hold positions in:

ASX- Listed Australian stocks:

ABP, ADI, AMC, ANZ, APA, ARF, AVN, BHP, BOQ, BPT, BWP, CBA, CHC, CKF, CQE, DHG, ELD, EVN, FID, FMG, FPC, FPP, GMG, GOR, GPT, HUB, IGO, ILU, JHK, MAI, MCR, NAB, NCM, NEC, NUF, NXT, ORE, OSH, OVH, OZL, PAN, PPS, QBE, RIO, S32, SAR, SBM, SCG, SCP, SFR, SGP, SHL, SHV, SLR, SPK, SRV, STO, SUN, SYD, TLS, TPM, VCX, VOC, WBC, WES, WHC, WPL, WSA.

International stocks:

Alibaba, Alphabet, Alstria Office, American Homes 4 Rent, Apple, Ashford Hospitality Trust, Avalonbay Communications,        Baidu, Braemar Hotel & Resorts, Brookfield Property Partners, Camden Property Trust, Castellum, Champion Real Estate Investment Trust, China Lodging Group    , CNOOC, Coeur Mining,  Columbia Property Trust, Cubesmart, Deutsche Wohnen, Entra ASA, Euronext, Extended Stay America, Extra Space Storage, FedEx, Frasers Hospitality Trust, Guangzhou Automotive,   Heineken, Harmony Gold, Hufvudstaden, Icade, Industrial Logistics Properties Trust,   Inmobiliaria Colonial  Intu Properties, Japan Airport Terminal, Land Securities Group, Meituan Dianping, MGM China, Mitsui Fudosan Co, National Storage, Nintendo, Office properties income Trust, Prologis, Retail Value, Sands China, Segro, Seritage Growth Properties, Site centres Corp, SMC Corp, Sony, SPDR Gold Trust, Spirit Reality Capital, Sumitomo Mitsui Financial, Tanger Factory Trust, Taubman Centres, Tencent, Vail Resorts, VanEck Vectors Gold Miners ETF, VanEck Vectors Junior Gold Miners ETF, Vereit, Vodafone, Vonovia, Vornado Reality,  Trust, Walt Disney, Wharf Real Estate Investment Co, Wynn Macau, Wynn Resorts, Zillow, ZOZO.

These may change without notice and should not be taken as recommendations.