LF Canlife UK Property ACS N Inc
Latest (Mid) Price:
GBX 85.41
Day Change:
-0.48%
| Shares Class | Inc. |
|---|---|
| Yield | 0.99 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 317,753,685.00 | Launch Date | 27/10/2017 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.00 |
| Sector | IMA UK Equity Income | Min Investment (£) | 0.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BFZPW970 | Min Topup (£) | 0.00 | Ongoing Charge (%) | 0.6100 (on 01/12/2020) |
Fund Objective
The Fund aims to achieve a combination of income and capital growth over any five-year period by investing directly and/or indirectly at least 70% of assets in UK commercial property selected from across the retail, office, industrial and other sectors, including leisure and hotels. The fund may also invest directly and/or indirectly up to 30% of assets in UK residential property, non-UK property, UK government and public securities, money market instruments, deposits, cash and up to 15% of assets in collective investment schemes. The fund may use derivatives for efficient portfolio management purposes.
Fund Managers
Michael White
Michael has been with Canada Life Investments since 1986. As our Property Investment Director he devises the annual investment strategy for UK and Ireland property funds and leads the investment acquisition programme in finding suitable product to match the requirements of each individual fund. Michael is a professional member of the Royal Institution of Chartered Surveyors.
Ben Wood
Ben joined Canada Life Investments in 2005. Prior to this, Ben was Divisional Estates Manager for Coral Eurobet, where he was responsible for all property matters relating to a network of 300 retail outlets throughout the South East, East Midlands and East Anglia. Ben is responsible for the management of our key UK Unit Linked Property Fund. Ben is a professional member of the Royal Institution of Chartered Surveyors.
Asset Breakdown
Region Breakdown
| Name | Weight |
|---|---|
| London | 15.30% |
| Midlands | 7.93% |
| Money Market | 29.80% |
| North West UK | 1.97% |
| Northern UK | 5.55% |
| Scotland | 0.35% |
| South East UK | 28.78% |
| South West UK | 9.34% |
| Wales | 0.98% |
Sector Breakdown
| Name | Weight |
|---|---|
| Industrial - Property | 11.90% |
| Money Market | 29.80% |
| Offices - Property | 39.30% |
| Retail - Property | 9.80% |
| Warehouse - Property | 9.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| 74A CHARLOTTE, LONDON W1 | 10.20% |
| REGENT ARCADE, CHELTENHAM | 5.60% |
| PHASE 3 LEEDS CITY OFFICE PARK | 4.90% |
| FORBURY SQUARE, READING | 4.40% |
| STOCKLEY PARK, UXBRIDGE | 4.10% |
| RINGWOOD RD BOURNEMOUTH | 3.60% |
| BRAMAH HSE, BERMONDSEY | 3.50% |
| DELTIC TRADE PARK, MILTON KEYN | 3.10% |
| 54 CLARENDON ROAD, WATFORD | 2.80% |
| ROUNDSWELL RET'L PK BARNSTAPLE | 2.80% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
