Fact sheet: TM Hearthstone UK Res Prop

Fund information

Fund name
TM Hearthstone UK Residential Property D Unbundled
Fund company manager
TM Hearthstone
Fund type
OEIC
Fund manager(s)
Alan Collett
since 01/03/2017
Mark Drysdale
since 01/03/2017
Fund objective
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.
Benchmark
LSL Acadata House Price Index
Investment style
None
Investment method
Physical

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.39 %

1 Year rank in sector

36/53

Sector

UT Property

Yield

1.11

Fund size

£ 54.1 m

FE Risk score

19

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Physical Property
    81%
  • Money Market
    19%
  • Physical Property
    81%
  • Money Market
    19%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.07 %2.21 %3.39 %20.34 %35.62 %
Sector1.16 %2.52 %4.98 %21.17 %34.91 %
Rank within sector48 / 5433 / 5336 / 5331 / 5127 / 41
Quartile th4 th3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.6 %2.75 %13.55 %7.57 %5.51 %
Sector4.45 %5.04 %5.39 %10.75 %4.69 %
Rank within sector39 / 5327 / 526 / 5138 / 4626 / 42
Quartile th3 rd3 rd1 st4 th3 rd

Risk statistics

Alpha8.15
Beta-0.2
Sharpe0.9
Volatility3.24
Tracking error7.6
Information ratio-0.19
R-Squared0.13

Price movement

52 week high134.3
52 week low129.9
Current bid price0
Current offer price0
Current mid price134.3

Holdings by region

-

Holdings by sector

  • 81% Physical Property
  • 19% Money Market

Holdings by asset type

  • 81% Physical Property
  • 19% Money Market

Individual holdings

-