Quick Stats

Bid Price - Offer Price -
Mid Price GBX 1,153.24 Day Change GBX -5.98 (-0.52%)
Price Date 27 Jun 2017 Crown Rating 3
Shares Class Inc. Yield 4.20 %
Total Expense Ratio 0.00 Fund Size 271,262,900.00
Launch Date 30/01/2015 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.90 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BQWJ8687 Min TopUp (£) 1,000.00

Fund Objective

To deliver capital and income appreciation. The Fund will seek to achieve this investment objective primarily through investment in and/ or exposure to a combination of investments in UK commercial property and securities of property and property related issuers listed or operating in the countries of the EU and/or the EEA.

Fund Managers

Marcus Phayre-Mudge
Marcus Phayre-Mudge joined the firm in October 2004 and is a fund manager and head of our Real Estate Securities team. Prior to joining, Marcus was a partner at Thames River Capital (now part of BMO Global Asset Management). He was at Henderson Global Investors from 1997 to 2004. He manages TR Property Investment Trust, the largest European closed-ended real estate equity Investment Trust as well as co-managing F&C Property Growth & Income Fund (which he launched in 2005) and the F&C Global Real Estate Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank (1990) and was made an Associate Partner in the fund management division (1995). He qualified as a Chartered Surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.
Alban Lhonneur
Alban Lhonneur joined Thames River (now part of BMO Global Asset Management) in July 2008 and is a fund manager in the Real Estate Securities team. He was previously at Citigroup Global Markets as an Equity Research analyst focusing on Continental European Real Estate. Prior to that he was at Société Générale Securities, where he focused on transport equity research. He completed a Bsc Business and Management program at ESC Toulouse including one year at the Brunel University, School of Business Management in London. He also attended CERAM Nice High Business School. In 2005 he obtained a Post-graduate Specialised Master in Finance in 2005 from ESCP-EAP.
George Gay
George joined the company in September 2005 as an assistant fund manager and was promoted to Fund Manager – Direct Property in March 2008. George is responsible for the physical real estate assets managed by the team. This involves sourcing new properties to purchase, asset managing the standing portfolio and managing the sale of mature assets. He was previously at a niche City investment agency, Morgan Pepper, where as an investment graduate he gained considerable industry experience. He has an MA in Property Valuation and Law from City University and a BA (Hons) from Newcastle University. George is a member of the RICS also holds the IMC.