Royal London Property Acc
|Bid Price||GBX 679.00||Offer Price||GBX 729.70|
|Mid Price||-||Day Change||GBX +3.50 (0.52%)|
|Price Date||28 Apr 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||1.01||Fund Size||397,951,492.90|
|Launch Date||01/05/1991||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||1.01|
|ISIN||GB00B66HFJ00||Min TopUp (£)||100,000.00|
The fund seeks to balance capital growth and income from an appropriately diversified portfolio of property assets.
Stephen Elliott manages the Royal London Property Fund – the first fund in the UK to convert to the new Property Authorised Investment Fund (PAIF) structure. Early in his career, Stephen gained valuable surveying experience at Hindwoods Hunter Payne and Dron & Wright, undertaking landlord, tenant and agency work. In 2000 he joined ISIS Property Asset Management (now F&C Asset Management) as an Asset Manager. In December 2003, he moved to Morley Fund Management, becoming a Fund Manager in the Segregated Funds Team. Stephen joined Property Team in December 2007. Stephen graduated from the University of Greenwich in 1996 with a BSc in Estate Management and completed a Postgraduate Diploma in Property Investment at The College of Estate Management in 2003.