F&C Commercial Property (Ordinary Share) FCPT

Property Direct - UK

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Estimated NAV

135.00

Share Price

124.90

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
F&C Commercial Property (Ordinary Share) Price 27.10%
F&C Commercial Property (Ordinary Share) NAV 57.62%
MSCI ACWI/REAL ESTATE 31.38%
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 125.5 -6.9% 135.00 135.00
31 Mar
129% 4.78%

Discrete performance % over

Fund / BenchmarkSep '13
Aug '14
Sep '14
Aug '15
Sep '15
Aug '16
F&C Commercial Property (Ordinary Share) Price18.0620.77-10.86
F&C Commercial Property (Ordinary Share) NAV22.0717.489.91
MSCI ACWI/REAL ESTATE17.40-1.9414.12

Discrete performance over

Discrete Performance

Top 10 Holdings

St Christopher's Place, W1 15.50%
Newbury Retail Park 8.50%
Cassini House, SW1 7.50%
Sears Retail Park, Solihull 6.90%
Wimbledon Broadway, SW19 6.20%
London SW184 Eccleston Square 5.40%
Uxbridge 3 The Square 4.70%
Charles House, 5-11 Regent Street, SW1 4.40%
Dane Street, Rochdale 4.30%
Alhambra House, Welling St, Glasgow 3.40%

Sectors weighting

Property - Office 39.00%
Property - Retail 25.80%
Property 16.60%
Property - Industrials 14.10%
Property - Diversified 2.50%
Net Current Assets 1.90%

Regional weighting

UK 90.00%
Cash/Cash Equivalent 10.00%
  • Investment trust info:

  • Sector Property Direct - UK
  • Launch Date 17 Mar 2005
  • Currency GBX
  • Domicile Guernsey
  • Share Price 124.90
  • Share Type Ordinary Share
  • TIDM FCPT
  • ISIN GG00B4ZPCJ00
  • Shares Issued (M) 799
  • Market Capital (£M) 1003.20
  • Gross Assets (£M) 1385.12
  • Net Assets (£M) 1077.71
  • TER (%) 1.13
  • Historic Dividend Yield (%) 4.78
  • Last AGM 02 Jun 2016
  • Next AGM 02 Jun 2017
  • Last Annual Report Date 19 Apr 2016
  • Next due Report Date 30 Jun 2016
  • Next due Report Type I/R
  • Objective:

  • To provide an attractive level of income with potential for capital & income growth through investing in a diversified UK commercial property portfolio.
  • Management Group(s):

  • F&C Asset Management
  • F&C Investment Business Limited
  • F&C Investment Business Ltd
  • Managed by:

  • Richard Kirby Start: 17 Mar 2005
  • Management Contract & Fees:

    Under the investment management agreement, the investment manager will receive a base management fee of 0.50% p.a. of the Groups net assets and reduced to 0.25% p.a. on cash net of gearing in excess of 5% of net assets. The fees of any managing agents appointed by the investment manager are payable out of the management fee. The Board has also agreed to pay a performance fee equal to 20% of the total return of the Funds directly held properties exceeding 110% of the total return on the Funds benchmark, measured over a rolling three year period. This excludes indirect property holdings. The total fee is capped at 0.6% of gross assets per financial year. Any fee due in excess of this 0.6% can be carried forward for up to 2 years. The fee is subject to a high watermark. The agreement is terminable on 6 months' notice. An administrative fee of £ 130,000 p.a. (increasing annually with inflation) is also due. The fees of any managing agents appointed by the investment manager will be payable out of this fee.