|Bid Price||GBX 105.18||Offer Price||GBX 105.43|
|Mid Price||-||Day Change||GBX +0.05 (0.05%)|
|Price Date||26 Jul 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.90 %|
|Total Expense Ratio||0.00||Fund Size||2,996,103,058.00|
|Launch Date||07/06/1999||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BP46GN32||Min TopUp (£)||1,000,000.00|
The Fund will be a Property Authorised Investment Fund for tax purposes at all times. It aims to achieve a high income together with some growth of both income & capital through investment primarily in commercial property and property related assets. Other investments may include money market instruments, derivatives and forward foreign exchange contracts.
Marcus Langlands Pearse
Marcus Langlands Pearse has been working in the commercial property industry since 1991. He joined Henderson in 2009 following the acquisition of New Star Asset Management as a Director of UK Property. Marcus transferred to TH Real Estate in April 2014 as part of the joint venture between Henderson and TIAA-CREF. TH Real Estate is now solely owned by TIAA-CREF. Prior to joining Henderson, Marcus was employed at New Star as an assistant fund manager. He has also worked in private equity with a property focus and on the property investment and property finance teams at HypoVereinsbank. Marcus has as MA (Hons) in Geography from Edinburgh University.
Ainslie McLennan has 20 years of property industry expertise. She joined Henderson in 2002 and has gained extensive experience running commercial property fund mandates investing both directly and indirectly in UK and European markets. Ainslie transferred to TH Real Estate in April 2014 as part of a joint venture between Henderson and TIAA-CREF. Ainslie is the Head of UK Balanced funds at TH Real Estate, which is now solely owned by TIAA-CREF. Prior to Henderson, Ainslie worked within a private property investment practice in Scotland. She is a member of the Royal Institution of Chartered Surveyors and the Investment Property Forum; Ainslie graduated from Aberdeen University with a Bachelor of Land Economy (Hons).