Price Data — 1st February 2012
Net Asset Value: £12.252 (Participating Shares and Participating B Shares)
Aims & Attributes
- The purpose of the Fund is to provide investors with a professionally managed means of participating in the higher yielding sector (measured by Net Initial Yield) of the UK commercial property market.
- Investment decisions will reflect the long term objective to maximise total return made up of rental income plus capital appreciation.
- The Fund will seek to acquire properties with a comparatively high initial Net Initial Yield as well as providing medium term capital growth.
Fund Information
Fund Manager: | Tilney Asset Management Intl. Ltd |
Property Advisers: | Deutsche PWM Global Real Estate, Chartered Surveyors |
Fund Size: | £577.94m |
Equity: | £186.48m |
Launch Date: | 17 April 1997 |
Annual Management Fee: | 1.5% |
ex - dividend dates: | 31st December & 30th June |
Dividend as at 31/12/2009: | £0.27 per share |
Dealing Day: | Every Wednesday |
Redemptions: | Currently, all redemptions are subject to a one month standard notice followed by a temporary postponement of up to 48 months. All redemptions will be handled chronologically by date received. Payment of redemptions is subject to the Fund’s liquidity status which is under regular review. |
Performance of the underlying Glanmore Property Fund
| Total Return % * |
| Last 12 Months |
|
-16.65% |
|
| Last 2 Years |
|
-19.82% |
|
| Last 3 Years |
|
-66.48% |
|
| Last 4 Years |
|
-83.76% |
|
| Last 5 Years |
|
-83.00% |
|
| Since Launch |
|
-56.33% |
|
| Compound Annual Return |
|
-5.46% |
|
Past performance should not be seen as an indication of future performance.
*Total return: % growth excluding initial charges with income reinvested.
Source: Lipper Hindsight 31/01/2012
|
Property Spread
|
Industrial |
Leisure |
Offices |
Other |
Retail
Warehouse |
Shopping
Centres |
Shops |
Total |
| London |
0.00% |
0.00% |
3.26% |
0.00% |
4.11% |
0.00% |
0.00% |
7.36% |
| South East |
2.69% |
0.00% |
11.68% |
0.00% |
0.00% |
2.82% |
0.94% |
18.14% |
| South West |
2.15% |
0.00% |
3.17% |
0.00% |
0.00% |
3.43% |
0.00% |
8.74% |
| East Anglia |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| East Midlands |
0.66% |
0.76% |
5.38% |
0.00% |
0.00% |
0.00% |
0.00% |
6.80% |
| West Midlands |
7.47% |
0.75% |
11.01% |
0.00% |
4.51% |
8.69% |
0.00% |
32.43% |
| Yorkshire & Humberside |
2.60% |
0.00% |
0.75% |
0.00% |
0.00% |
0.00% |
1.35% |
4.70% |
| North West |
1.14% |
1.53% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
2.68% |
| North East |
0.00% |
0.00% |
4.12% |
0.00% |
0.00% |
0.00% |
0.00% |
4.12% |
| Scotland |
1.39% |
0.00% |
3.29% |
0.00% |
0.00% |
4.14% |
1.32% |
10.15% |
| Wales |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
4.88% |
0.00% |
4.88% |
| Total |
18.10% |
3.04% |
42.67% |
0.00% |
8.62% |
23.96% |
3.61% |
100.00% |
To download the latest factsheet click here
To download the latest quarterly click here
To download the Chairman's Statement and AGM Results letter (Dec11), please go to the Investor Relations page.
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