Fact sheet: Medicx

Fund information

Fund name
Medicx
Fund company manager
Medicx Group
Fund type
ITR
Fund objective
The Fund’s investment objective is to achieve rising rental income and capital growth from the ownership of a portfolio of mainly modern, purpose built, primary healthcare properties. The properties in this growing asset class form part of the core UK healthcare infrastructure and provide strong covenants with a long term secure and rising cash flow. The key objective of the Fund is to increase net income over time to support a rising dividend and provide capital growth. The key areas for this growth will come from rent reviews, expanding or re-configuring space, re-gearing leases and from operating cost reductions. The Investment Adviser regularly reviews the entire property portfolio and has regular meetings with tenants to ensure that buildings are meeting the local healthcare needs and to identify opportunities for value enhancement.
Benchmark
No Specified Index
Investment style
None
Investment method
Physical

Performance snapshot

Quick stats

1 Year return

7.16 %

1 Year rank in sector

2/5

Sector

IT Property - Specialist

Yield

6.6667

Fund size

£ 385.8 m

FE Risk score

87

NAV

73.9

Discount/Premium

+21.7862

Gearing

100

Top in sector

Holdings snapshot

  • Property
    100%
  • Property
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.56 %6.32 %7.16 %33.85 %69.01 %
Sector-1.32 %3.77 %4.19 %34.62 %52.11 %
Rank within sector1 / 102 / 72 / 54 / 51 / 1
Quartile th1 st2 nd2 nd4 th th

Calendar performance

YTD-20172016201520142013
Fund5.41 %13.23 %9.56 %6.02 %20.83 %
Sector5.44 %10.71 %12.43 %6.52 %15.66 %
Rank within sector4 / 62 / 55 / 53 / 41 / 1
Quartile th3 rd2 nd4 th3 rd th

Risk statistics

Alpha1.98
Beta0.65
Sharpe0.6
Volatility8.63
Tracking error7.82
Information ratio-0.24
R-Squared0.23

Price movement

52 week high92.25
52 week low86
Current bid price89.25
Current offer price90
Current mid price90

Holdings by region

-

Holdings by sector

  • 100% Property

Holdings by asset type

  • 100% Property

Individual holdings

  • 2.85% MOORGATE PRIMARY CARE CENTRE, BURY
  • 2.33% LYTHAM PRIMARY CARE CENTRE, LYTHAM
  • 1.99% PRINCEWAY HEALTH CENTRE, FRODSHAM
  • 1.67% CAERPHILLY INTEGRATED RESOURCES CENTRE, CAERPHILLY
  • 1.65% COBHAM HOSPITAL, COBHAM
  • 1.63% BATHGATE PRIMARY HEALTH CENTRE, BATHGATE
  • 1.62% KINGSWAY MEDICAL CENTRE, OSSETT
  • 1.53% RAYNES PARK MEDICAL CENTRE, RAYNES PARK
  • 1.46% EVESHAM HEALTH CENTRE, EVESHAM
  • 1.44% FLEET HEATH CAMPUS, NORTHFLEET