Alpha UK Multi Property (Ordinary Share) AUMP

Property Direct - UK

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Estimated NAV (p)

224.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Alpha UK Multi Property (Ordinary Share) Price -21.43%
Alpha UK Multi Property (Ordinary Share) NAV -33.22%
MSCI ACWI/REAL ESTATE 23.25%
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 75.0p -66.5% 224.00p 224.00p
31 Dec
397%

Discrete performance % over

Fund / BenchmarkMay '11
Apr '12
May '12
Apr '13
May '13
Apr '14
Alpha UK Multi Property (Ordinary Share) Price-51.10-60.67308.57
Alpha UK Multi Property (Ordinary Share) NAV-9.54-20.73-6.88
MSCI ACWI/REAL ESTATE-0.7028.15-3.15

Discrete performance over

Discrete Performance

Top 10 Holdings

Ikon Trading Estate, Hartlebury 4.71%
Webb Ellis Industrial Business Park, Rug 4.45%
Stephenson Court, Bedfor 4.38%
Groundwell Farm Industrial Estate, Swind 3.90%
Farthing Road Industrial Estate, Ipswich 3.88%
Churchfield Court, Barnsley 3.00%
St. James Mill Business Park, Northampto 2.68%
Faraday Court, Burton-Upon-Trent 2.41%
Watermark Way, Hertford 2.36%
Stadium Industrial Estate, Luton 2.31%

Sectors weighting

Property 104.80%
Net Current Assets -4.80%
  • Investment trust info:

  • Sector Property Direct - UK
  • Launch Date 03 Apr 2003
  • Base Currency GBX
  • Domicile Isle of Man
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM AUMP
  • ISIN IM00B4N9KC32
  • Shares Issued (M) 08
  • Market Capital (£M) 6.31
  • Gross Assets (£M) 74.85
  • Net Assets (£M) 18.85
  • TER (%) 14.29
  • Last AGM 18 Jun 2013
  • Next AGM 18 Jun 2014
  • Last Annual Report Date 28 Mar 2013
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide a high level of income and the prospect of capital growth through investments in a diversified portfolio of UK commercial property.
  • Management Group(s):

  • Alpha Real Capital LLP
  • Close Brothers Investments Ltd
  • Managed by:

  • Gwynne Furlong Start: 04 Apr 2003
  • Tom Pissarro Start: 10 Aug 2010
  • Management Contract & Fees:

    The Manager is entitled to an acquisition fee of 1% of the cost of all properties acquired within the Group plus an annual fee of 1.5% of the total assets. If the total annual dividends fall below the target yield-level of 7.75%, the Manager will rebate a part of their annual fee, up to a maximum of 0.8% of the total assets. An incentive fee arrangement will come into effect upon either the return of capital and reserves or upon the date of the Funds AGM in respect of the year ending 31/12/09, whichever is the earlier. To the extent that the return exceeds an IRR of 10% p.a., the Manager will be entitled to 20% of any excess. Barings (Isle of Man) Ltd provide administration and secretarial services to the Group in return for an annual fee of 0.1% of total assets, payable quarterly in arrears. The Property Investment Advisory Agreement may be terminated by any party giving to the others not less than 12 months' notice expiring on or at any time after the fourth anniversary of Admission.

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