Fact sheet: Threadneedle UKPropAIF

Fund information
Fund name
Threadneedle UK Property AIF Inst Inc
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Gerry Frewinsince 12/05/2016
  • Don Jordisonsince 12/05/2016
Fund objective
The aim of the Company is to grow the amount you invested. The Company is a Property Authorised Investment Fund (“PAIF”) for tax purposes. The Company will typically invest at least two-thirds of its assets, either directly or indirectly, in commercial real estate in the United Kingdom which is used for business purposes. The Company may also invest in shares, bonds, gilts, and other funds. The Company may invest in other assets including cash to efficiently manage the Company.
Benchmark
  • IPD UK Monthly (All Property)
Investment style
None
Investment method
Physical
Quick stats
1 Year return
-4.6%
1 Year rank in sector
43/52
Sector
UT Property
Yield
4.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.81%
Fund size
£973m (£1,222m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
32
Top in this sector
Fund name1 Year
Aviva Inv Asia Pac Prop52.7%
Schroder Gbl Rel Est Sec Inc26.9%
BlackRock Gbl PrpSecEqTrk24.2%
First State AsianPropSec24.1%
F&C Gbl Real Est Secs23%
...more in UT Property

Performance snapshot

Holdings snapshot

  • South East UK71.6%
    Midlands8.5%
    Northern UK7%
    Wales4.8%
    London3%
  • Offices - Property31.9%
    Industrial - Property27.6%
    Shop - Property24.1%
    Retail - Property13.8%
    Other - Property2.6%
  • Property100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%1.4%-1.9%-4.6%20.9%23.6%
Sector-0%-0.3%1.9%4.9%22.2%35.5%
Rank within sector24 / 5117 / 5537 / 5443 / 5230 / 4432 / 39
Quartile2nd2nd3rd4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-5.2%9.2%15.7%4.1%-0.8%
Sector4%5.4%10.7%4.7%6.7%
Rank within sector46 / 5217 / 5117 / 4631 / 4231 / 39
Quartile4th2nd2nd3rd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
6.66
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-0.01
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.71
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
4.25
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
7.18
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.22
Price movement
52 week high89.11
52 week low78.99
Current bid price79.3
Current offer price79.7
Current mid price-
Region
1South East UK71.6%
2Midlands8.5%
3Northern UK7%
4Wales4.8%
5London3%
6Yorkshire & Humberside3%
7Eastern UK2.1%
Industry sector
1Offices - Property31.9%
2Industrial - Property27.6%
3Shop - Property24.1%
4Retail - Property13.8%
5Other - Property2.6%
Asset type
1Property100%
Individual holdings
1FAREHAM, SOLENT BUSINESS PARK3.5%
2AYLESFORD. LARKFIELD MILL2.3%
3BRENTWOOD. BAYTREE CENTRE2.1%
4BRAINTREE. GEORGE YARD S/CENTRE2%
5HEMEL HEMPSTEAD. HEMEL ONE1.9%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
The aim of the Company is to grow the amount you invested. The Company is a Property Authorised Investment Fund (“PAIF”) for tax purposes. The Company will typically invest at least two-thirds of its assets, either directly or indirectly, in commercial real estate in the United Kingdom which is used for business purposes. The Company may also invest in shares, bonds, gilts, and other funds. The Company may invest in other assets including cash to efficiently manage the Company.
Benchmark
  • IPD UK Monthly (All Property)
Investment style
None
Investment method
Physical
Fund managers
NameSinceBiography
Gerry Frewin12/05/2016Gerry Frewin joined Threadneedle Property Investments in 2010 as an investment surveyor. In this role he is responsible for acquisitions, sales and all transaction-related due diligence for the Threadneedle Property Unit Trust, the Threadneedle UK Property Unit Trust, the Threadneedle Strategic Property Fund and several third party portfolios.Gerry is well versed in the company’s property process, having worked for the firm between 2002 and 2005. Thereafter, he gained further experience at Mayfair Capital and Kilmartin Property Group. Gerry has a BSc (Hons) in Real Estate Valuation and Management from the University of the West of England and is also a member of the Royal Institution of Chartered Surveyors.
Don Jordison12/05/2016Managing Director of Threadneedle Property Investments. Since 1997 he has managed the Allied Dunbar Pension Property Fund. Don began his career in 1982, at Prudential, then joining Allied Dunbar† as a trainee property manager and obtained Associate Membership of the Royal Institution of Chartered Surveyors. In 1991 he became a Director responsible for the AD Unit Linked Life Property Fund. On the formation of Threadneedle Property Investments in 1994 by merging the property investment activities of Allied Dunbar and Eagle Star, Don joined as a founding director. Don transferred from the AD Life Property Fund in August 1997 to take over the £1bn AD Pension Property Fund. He left behind a five year record of top quartile performance and outright top fund over 3 years against the Investment Property Databank Monthly Index of 67 performance funds. Don is also the Director responsible for the Threadneedle Property Unit Trust. Don graduated in 1984 with a First Class Honours Degree in Urban Estates Surveying. In 1988 he obtained an MBA from City University London.
Compliance
IA Recognised, Non UCITS Retail Scheme, Property Authorised Investment Funds, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Threadneedle UK Property AIF Inst Acc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price117
Offer price117.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA6Z5
Threadneedle UK Property AIF Inst Gr Acc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price117.6
Offer price118.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKSQP
Threadneedle UK Property AIF Inst Gr Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price79.34
Offer price79.74
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKSQQ
Threadneedle UK Property AIF Inst Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price79.3
Offer price79.7
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA6Z6
Threadneedle UK Property AIF Ret Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.64%
Bid price106.7
Offer price112.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeT166
Threadneedle UK Property AIF Ret Gr Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price107.1
Offer price113
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKSQR
Threadneedle UK Property AIF Ret Gr Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price70.63
Offer price74.54
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKSQS
Threadneedle UK Property AIF Ret Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.64%
Bid price70.6
Offer price74.51
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeT165
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.