|Bid Price||-||Offer Price||-|
|Mid Price||GBP 6.12||Day Change||GBP +0.04 (0.70%)|
|Price Date||12 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||2.44||Fund Size||295,500,000.00|
|Launch Date||01/04/1993||Standard Initial Charge (%)||1.00|
|Annual Management Charge (%)||1.20||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||2.44|
|ISIN||GB00BGHPZ821||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 (trading as TIME Investments) which is a subsidiary of Alpha Real Capital LLP. Nigel is the Fund Manager of the Freehold Income Authorised Fund (and Feeder Trust) and Commercial Freehold Fund (and Feeder Trust). He has over 17 years’ experience in fund management and finance and is responsible for over £550 million of tax efficient investments. 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.
Roger has over 10 years’ experience in fund management, finance and commercial property. At TIME Investments Roger is Assistant Fund Manager for the TIME:Freehold Income Authorised Fund as well as for TIME:Commercial Freehold Fund. Previously, Roger was an assistant director at Close Brothers Group PLC’s tax efficient and property funds division, with responsibilities across a number of commercial property funds. Roger holds a BA degree in Business and Financial Economics and is a chartered accountant.