TM Home Investor B Inc GBP
| Shares Class | Inc. |
|---|---|
| Yield | 2.06 |
| Total Expense Ratio | 2.13 |
Fund Performance
Cumulative Performance
Discrete Performance
(No discrete data available for TM Home Investor B Inc GBP)
| Shares Class | Inc. |
|---|---|
| Yield | 2.06 |
| Total Expense Ratio | 2.13 |
Cumulative Performance
Discrete Performance
(No discrete data available for TM Home Investor B Inc GBP)
| Fund Size | 61,750,300.00 | Launch Date | 25/07/2012 | Standard Initial Charge (%) | 3.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 1.50 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000.00 | Total Expense Ratio (%) | 2.13 |
| ISIN | GB00BLHXV493 | Min Topup (£) | 500.00 | Ongoing Charge (%) | 2.1300 (on 19/02/2020) |
The Fund invests in private rented sector housing across the mainland UK regions and aims to capture UK house price growth plus provide an element of income return. The property investment manager, Hearthstone Asset Management, uses quantitative asset allocation methods and qualitative regional stock selection to build a portfolio of assets reflecting the distribution of UK mainland housing stock. These properties are let under assured shorthold tenancy agreements (AST's) and corporate lets.Investment returns comprise capital growth and rental income.
Alan Collett
Alan is a Past President of the Royal Institution of Chartered Surveyors, and brings a lifetime of experience of residential investment and development to Hearthstone. An experienced Chartered Surveyor and former Senior Partner of Allsop & Co, he has worked in all aspects of the acquisition, development, management and sale of residential and mixed use property. Alan is a member of the NHBC Council, past Chairman of the Residential Committee of the British Property Federation, and an Honorary Fellow of the University College of Estate Management. He also serves as Deputy Chairman at Hyde Housing Group, a large housing association owning and managing nearly 50,000 homes, where he is also Chairman of the Investment Committee.
Stuart Springham
Stuart has worked in the sector since 2006 and has gained significant experience in residential investment, management and valuation in previous roles at Cluttons LLP, Strutt & Parker and, most recently, as Associate Director within the Residential Advisory department at JLL. A Member of the Royal Institution of Chartered Surveyors (MRICS) since 2008, Stuart joined the Hearthstone fund management team in September 2019 to work closely with the Fund Manager on property acquisitions, management and disposals, as well as day-to-day fund liquidity management.
| Name | Weight |
|---|---|
| Cash & Cash Equivalents | 14.00% |
| UK Physical Property | 0.00% |
| Name | Weight |
|---|---|
| Cash Funds | 4.00% |
| Money Market | 5.00% |
| Others | 4.00% |
| Property | 85.00% |
| Name | Weight |
|---|---|
| HEARTHSTONE PROPERTY | 85.00% |
| BLACKROCK ICS STERLING LIQUIDI | 4.00% |
| FEDERATED SHORT-TERM STERLING | 4.00% |
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.