Quick Stats

Bid Price GBX 133.72 Offer Price GBX 133.72
Mid Price - Day Change GBX -0.02 (-0.02%)
Price Date 23 May 2019 Crown Rating
Shares Class Acc. Yield 4.99 %
Last Ex-Dividend Date 01 May 2019 Dividend Frequency -
Sector UK Direct Property Fund Size 712,000,000.00
Launch Date 28/03/2014 Standard Initial Charge 0.00%
Ongoing cost 0.82% Annual Management Charge 0.75%

Fund Objective

The investment objective is to carry on property investment business and to manage cash raised from investors for investment in the property investment business. In doing so, the fund aims to provide income with potential for capital growth through investment mainly in commercial property.

Fund Managers

David Wise
David Wise joined Kames Capital in October 2007. He is head of the Direct Property Investment team and co-manages the Kames Property Income Fund. David was previously at Morley Fund Management (now Aviva Investors) and its predecessors (Commercial Union and CGU) for 21 years where he was Property Investment Director. During his time at Aviva he launched the Ashtenne Industrial Fund one of the first large indirect property funds and was manager of a number of major funds including the Commercial Union Life Fund, General Accident Life Fund, Norwich Union Linked Life Fund and Aviva Investors Pooled Pension Fund. David is a Chartered Surveyor and board member of AREF (Association of Real Estate Funds), Chairman of the AREF Corporate Governance Committee and served on the Government’s 2007 Leasecode working party.
Richard Peacock
Richard is a fund manager in the property team and co-manages the Kames Property Income Fund. He joined us in 2016 from Aviva Investors, where he was fund manager for the Aviva Investors Pensions Ltd Property Fund. He has a BA (Hons) in Geography from Durham University and an MSc in Land Management from the University of Reading.