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Macau Property Opportunities (Ordinary Share) MPO

Property Direct - Asia Pacific

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Estimated NAV

247.00

Share Price

171.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Macau Property Opportunities (Ordinary Share) Price -25.02%
Macau Property Opportunities (Ordinary Share) NAV -19.57%
FTSE All-Share Index 37.13%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 172.9 -29.9% 247.00 250.00
30 Jun
172%

Discrete performance % over

Fund / BenchmarkNov '14
Oct '15
Nov '15
Oct '16
Nov '16
Oct '17
Macau Property Opportunities (Ordinary Share) Price-27.37-17.1224.57
Macau Property Opportunities (Ordinary Share) NAV-23.99-1.307.22
FTSE All-Share Index7.0713.3013.04

Discrete performance over

Discrete Performance

Top 10 Holdings

The Waterside One Central 99.90%

Sectors weighting

Property - Residential 53.10%
Net Current Assets 46.90%
  • Investment trust info:

  • Sector Property Direct - Asia Pacific
  • Launch Date 05 Jun 2006
  • Currency GBX
  • Domicile Guernsey
  • Share Price 171.00
  • Share Type Ordinary Share
  • TIDM MPO
  • ISIN GB00B1436N68
  • Shares Issued (M) 76
  • Market Capital (£M) 132.13
  • Gross Assets (£M) 323.38
  • Net Assets (£M) 188.44
  • TER (%) 3.59
  • Last AGM 14 Nov 2016
  • Next AGM 08 Nov 2017
  • Last Annual Report Date 09 Dec 2016
  • Next due Report Date 30 Jun 2017
  • Next due Report Type A/R
  • Objective:

  • To provide attractive shareholder return through investments in property opportunities, primarily in Macau, with a focus on properties that require refurbishment, redevelopment, change of use or repositioning.
  • Management Group(s):

  • Heritage International FM
  • Sniper Capital Limited
  • Managed by:

  • Martin Tacon Start: 05 Jun 2006
  • Management Contract & Fees:

    The Manager is paid quarterly in advance, a fee of 2.0% of the net asset value. The Manager is entitled to a performance fee in certain circumstances. If the basic performance hurdle is met, and the high water mark exceeded, the performance fee will be an amount equal to 20% of the excess of the Adjusted NAV per ordinary share at the end of the relevant performance period over the higher of (i) the basic performance hurdle; (ii) the Adjusted NAV per ordinary share at the start of the relevant performance period; and (iii) the high water mark, multiplied by the time weighted average of the number of ordinary shares in issue in the performance period. The Manager's appointment is terminable by the Manager or the Company on not less than 12 months' notice.

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