LXI REIT (Ordinary Share) LXI

Property Direct - UK

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Estimated NAV

99.00

Share Price

104.50

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 104.0 4.7% 99.00 98.00
27 Feb
100% 4.81%

Sectors weighting

Net Current Assets 100.00%
  • Investment trust info:

  • Sector Property Direct - UK
  • Launch Date 27 Feb 2017
  • Currency GBX
  • Domicile UK
  • Share Price 104.50
  • Share Type Ordinary Share
  • TIDM LXI
  • ISIN GB00BYQ46T41
  • Shares Issued (M) 197
  • Market Capital (£M) 204.76
  • Gross Assets (£M) 195.59
  • Net Assets (£M) 195.59
  • TER (%)  
  • Historic Dividend Yield (%) 4.81
  • Last AGM  
  • Next AGM  
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

    To deliver inflation-protected income and capital growth over the medium-term for shareholders by investing in a diversified portfolio of UK property that benefits from long-term index-linked leases with institutional-grade tenants.

  • Management Group(s):

  • LJ Capital limited
  • Managed by:

  • Not Disclosed Start: 27 Feb 2017
  • Management Contract & Fees:

    The Investment Advisor is entitled to a fee together with reimbursement of reasonable expenses incurred by it in the performance of its duties. The fee is payable monthly in arrear and is at the rate of: (i) one-twelfth of 0.75% per calendar month of Market Capitalisation up to or equal to £ 500m; and (ii) one-twelfth of 0.65% per calendar month of Market Capitalisation above £ 500m. No performance fee will be payable to the Investment Advisor. The Investment Management Agreement may be terminated on 12 months' written notice.