UK Commercial Property (Ordinary Share) UKCM

Property Direct - UK

Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Add to Virtual Portfolio | Print page

Estimated NAV (p)

80.00

Share Price (p)

87.85

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
UK Commercial Property (Ordinary Share) Price 60.87%
UK Commercial Property (Ordinary Share) NAV 28.95%
MSCI ACWI/REAL ESTATE 56.34%
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 87.5p 9.5% 80.00p 80.00p
30 Sep
122% 4.21%

Discrete performance % over

Fund / BenchmarkJan '12
Dec '12
Jan '13
Dec '13
Jan '14
Dec '14
UK Commercial Property (Ordinary Share) Price7.8924.4119.86
UK Commercial Property (Ordinary Share) NAV-1.656.2623.39
MSCI ACWI/REAL ESTATE34.860.9614.83

Discrete performance over

Discrete Performance

Top 10 Holdings

Junction 27 Retail Park, Leeds 5.90%
Parade & Bridge St, SWINDON 5.70%
176/206 Kensington High Street, London 5.60%
Great Lodge Retail Park, Tunbridge 5.50%
The Rotunda, Kingston upon Thames 5.10%
Kew Retail Park, Richmond 4.70%
15 Great Marlborough Street, London 4.50%
St George's Retail Park, Leicester 3.90%
Ocado Distribution Unit, Hatfield 3.80%
Dolphin Estate, SUNBURY ON THAMES 3.10%

Sectors weighting

Property - Retail 44.80%
Property - Office 21.60%
Property - Industrials 21.50%
Property - ShoppingCentre 7.10%
Net Current Assets 5.10%

Regional weighting

UK 100.00%
  • Investment trust info:

  • Sector Property Direct - UK
  • Launch Date 21 Sep 2006
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 87.85
  • Share Type Ordinary Share
  • TIDM UKCM
  • ISIN GB00B19Z2J52
  • Shares Issued (M) 1,299
  • Market Capital (£M) 1136.99
  • Gross Assets (£M) 1265.42
  • Net Assets (£M) 1038.01
  • TER (%) 1.59
  • Historic Dividend Yield (%) 4.21
  • Last AGM 17 Jun 2014
  • Next AGM 17 Jun 2015
  • Last Annual Report Date 10 Apr 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide a high level of income and capital growth by investing in a diversified portfolio of freehold and long leasehold UK Commercial properties.
  • Management Group(s):

  • Ignis Investment Services Limited
  • Resolution Investment Services Limited
  • Standard Life Investments Limited
  • Standard Life Investments Ltd.
  • Standard Life Investments Ltd.
  • Managed by:

  • Robert Boag Start: 01 Jul 2014
  • Management Contract & Fees:

    The Investment Manager will receive a fee at the rate of 0.65% p.a. of gross assets of the group less the amount of any borrowings and a fee of 0.50% p.a. will be applied to the value of the assets of the group represented by any borrowings. The administration fee equals to GBP165, 000 p.a. which will increase annually in line with inflation. Both fees are payable quarterly in arrears. The fees of any managing agents appointed by the Investment Manager are payable out of the Investment Management fee. The Investment Management agreement is terminable by any of the parties to it on 12 months' notice. The Investment Management Agreement is for a fixed initial period of two years and, with effect from the first anniversary of Admission, is terminable by either party on 12 months' notice. The Administrator receives a fee of GBP 55,000 p.a. for secretarial and administration services. The Valuer is entitled to receive an annual fee equal to 0.0185% of the aggregate value of the properties comprised in the Property Portfolio.