|Bid Price||-||Offer Price||-|
|Mid Price||GBX 111.00||Day Change||GBX 0.00 (0.00%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||3.20 %|
|Total Expense Ratio||0.00||Fund Size||350,210,900.00|
|Launch Date||28/06/2010||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||250,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B6449M48||Min TopUp (£)||25,000.00|
This is a Property Authorised Investment Fund (PAIF). The objective is to provide income and capital growth. The Manager seeks to achieve this by investing mainly in a diversified portfolio of directly owned income producing property.
Julian Smith, ARICS, is a real-estate Fund Manager at F&C REIT Asset Management and co-manager of the F&C UK Property Fund. Prior to joining the Group in 2004, Julian worked for ESN Pension Management Group and in private practice with King Sturge. Julian is a Past Chairman of the Central London Branch of the ISVA and former Council member of the ISVA (now merged with the RICS). In 1982 he completed an MBA in Finance and Marketing with a dissertation that concentrated on the application of Modern Portfolio Theory (MPT) to Property Investment. He qualified as a Chartered Surveyor in 1982 after graduating with a BA (Hons) in Environmental Science from the University of Sheffield
Guy Glover, MRICS, is real-estate Fund Manager at F&C REIT Asset Management and is manager of the F&C UK Property Fund. He has experience across all market sectors, with recent focus on Central London. Prior to joining the Group in 2004 he worked for 9 years at Wereldhave Property Corporation plc, where he was responsible for asset managing their UK portfolio, and at Northampton Borough Council. Guy graduated from the University of Reading with a BSc in Land Management and holds the RICS Postgraduate Diploma in Property Investment. He qualified as a Chartered Surveyor in 1994.