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F&C Real Estate Securities A GBP Inc

Ranked 2 out of 4 in - European Equity over 12 months
All calculations are in GBP

Managed by

Alban Lhonneur

Alban Lhonneur is a fund manager at F&C Investments. Prior to joining Thames River Capital (now F&C) in 2008 he worked at Citigroup as a real estate equity analyst for two years. He also worked at Société Générale as an equity researcher from 2005 to 2006 and at Wall Street Systems in marketing and governmental institutions from 2003. Alban graduated from ESCP in Paris where he attained a degree in finance. He was born in Vire in France and is currently based in London. Outside fund management his interests include rugby.

Objective

The investment objective of the Thames River Real Estate Securities Fund is to generate a total return greater than that produced by the FTSE EPRA/NAREIT Developed Europe Capped Index (Net) in Sterling (the “Index”). The Fund will seek to maintain a volatility similar to the annualised volatility of the Index which was 30% annualised for the 12 months ending 30 January 2010. The Thames River Real Estate Securities Fund will aim to achieve its objective by investing in the securities, and indices of securities which meet the Central Bank’s requirements of listed property companies that are related to real estate sector.

Performance

European Equity over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 15.6% 7.6% 5.3% -1.1% 3.1%
2013 17.3% 4.8% 3.1% 3.2% 5.3%
2012 26.1% 11.4% 0.2% 4.7% 7.9%
2011 -12.3% 7.8% 7.6% -22.9% -1.9%
2010 18.3% -8.4% 23.4% 4.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2014

Top 10 Holdings

Stock Size
Other Assets 17.62
LEG Immobilien AG ORD 4.94
PSP Swiss Property AG ORD 4.05
CFI Compagnie Fonciere Internationale SA ORD 2.33
Unite Group PLC 2.24
Deutsche Euroshop AG ORD 1.87
Deutsche Annington Immobilien SE ORD 1.68
Corio NV 1.65
Kungsleden AB ORD 1.62
Hispania Activos Inmobiliarios SAU ORD 1.46
31/03/2014

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Italy
  5. Luxembourg
  6. Malta
  7. Netherlands
  8. Norway
  9. Spain
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date08/04/2010
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN IE00B5N74G68

Purchase Info

  • Min. initial investment10,000
  • Min. additional investment0

Charges

  • Annual management1.5%
  • Initial investment5

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).