Commercial Freehold T Net Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBP 1.07||Day Change||GBP +-0.02 (0.28%)|
|Price Date||8 May 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.51||Fund Size||68,700,000.00|
|Launch Date||09/06/2014||Standard Initial Charge (%)||7.00|
|Annual Management Charge (%)||1.00||Sector||IMA UK Equity Income|
|Min Investment (£)||5,000,000.00||Total Expense Ratio (%)||1.51|
|ISIN||GB00BYZWK089||Min TopUp (£)||100,000.00|
The aim of the Fund is to provide a secure and stable investment return primarily through acquiring commercial freehold ground rents and commercial freehold property which benefit from long leases. The Fund’s aim is to provide investors with an income return of 4% per annum and some capital growth in the long term.
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.