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Duet Real Estate Finance (Ordinary Share) DREF

Sector Specialist: Securitised Debt

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Estimated NAV

1.00

Share Price

 

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 0.5 -24.6% 1.00 7.00
30 Sep
100% 99.00%

Top 10 Holdings

DREF Master Fund 99.90%

Sectors weighting

Debt - Mortg: Commercial 96.40%
Property - Office 45.00%
Property - Hotels 32.00%
Property - Retail 13.00%
Property - Healtcare 7.00%
Net Current Assets 3.60%
Property - Mixed 3.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 14 Mar 2011
  • Currency  
  • Domicile Guernsey
  • Share Price  
  • Share Type Ordinary Share
  • TIDM DREF
  • ISIN GG00B628S547
  • Shares Issued (M) 72
  • Market Capital (£M) 0.37
  • Gross Assets (£M) 0.50
  • Net Assets (£M) 0.50
  • TER (%) 1.55
  • Historic Dividend Yield (%) 99.00
  • Last AGM 24 Aug 2016
  • Next AGM 24 Aug 2017
  • Last Annual Report Date 17 Jun 2016
  • Next due Report Date 31 Dec 2016
  • Next due Report Type A/R
  • Objective:

  • To provide shareholders, through investment in its Master fund, with regular dividends and an attractive total return while limiting downside risk to capital, through exposure to European commercial real estate debt.
  • Management Group(s):

  • ERED Investment Adviser LLP
  • Managed by:

  • Cyrus Korat Start: 14 Mar 2011
  • Dale Lattanzio Start: 14 Mar 2011
  • Rob Clayton Start: 14 Mar 2011
  • Management Contract & Fees:

    The Company will pay a fixed annual fee of £25,000 to the Investment Adviser in consideration of a range of services outlined in the Company Investment Advisory Agreement. The Company will not otherwise be liable to pay any management or advisory fees to the Investment Adviser.

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