Freehold Income Authorised F Acc
|Bid Price||-||Offer Price||-|
|Mid Price||GBP 5.51||Day Change||GBP +0.03 (0.51%)|
|Price Date||12 Oct 2016||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.00||Fund Size||247,400,000.00|
|Launch Date||04/04/1993||Standard Initial Charge (%)||3.00|
|Annual Management Charge (%)||1.40||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B932TK89||Min TopUp (£)||1,000.00|
The investment objective of the Fund is to manage investor capital to provide a secure and stable investment primarily through acquiring freehold ground rents which offer a consistent income stream and capital growth prospects. The aim is to achieve a total return for the Fund in excess of 5% per annum for Shareholders.
Nigel is managing director of Alpha Real Property Investment Advisers LLP which is a subsidiary of Alpha Real Capital LLP.Nigel is the fund manager of The Freehold Income Trust. Previously he was Managing Director of Close Brothers’ Property Division where he worked for ten years. Nigel qualified as a chartered accountant with PwC in London after studying law at university.