Macau Property Opportunities (Ordinary Share) MPO

Property Direct - Asia Pacific

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Estimated NAV

238.00

Share Price

161.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Macau Property Opportunities (Ordinary Share) Price -33.61%
Macau Property Opportunities (Ordinary Share) NAV -18.72%
Shanghai Property Index 111.71%
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 161.0 -32.4% 238.00 247.00
31 Mar
175%

Discrete performance % over

Fund / BenchmarkJun '14
May '15
Jun '15
May '16
Jun '16
May '17
Macau Property Opportunities (Ordinary Share) Price-11.33-46.6340.28
Macau Property Opportunities (Ordinary Share) NAV1.41-30.9716.11
Shanghai Property Index169.08-40.7032.68

Discrete performance over

Discrete Performance

Top 10 Holdings

The Waterside One Central 99.90%

Sectors weighting

Property - Residential 53.10%
Net Current Assets 46.90%
  • Investment trust info:

  • Sector Property Direct - Asia Pacific
  • Launch Date 05 Jun 2006
  • Currency GBX
  • Domicile Guernsey
  • Share Price 161.00
  • Share Type Ordinary Share
  • TIDM MPO
  • ISIN GB00B1436N68
  • Shares Issued (M) 76
  • Market Capital (£M) 123.06
  • Gross Assets (£M) 319.21
  • Net Assets (£M) 181.93
  • TER (%) 3.28
  • Last AGM 14 Nov 2016
  • Next AGM 14 Nov 2017
  • Last Annual Report Date 09 Dec 2016
  • Next due Report Date 30 Jun 2017
  • Next due Report Type A/R
  • Objective:

    To provide attractive shareholder return through investments in property opportunities, primarily in Macau, with a focus on properties that require refurbishment, redevelopment, change of use or repositioning.

  • Management Group(s):

  • Heritage International FM
  • Sniper Capital Limited
  • Managed by:

  • Martin Tacon Start: 05 Jun 2006
  • Management Contract & Fees:

    The Manager receives an annual management fee of 2.0% of net assets. The Manager is entitled to a performance fee of 20% of the excess of the Adjusted NAV per Ord at the end of the relevant performance period over the higher of (i) the basic performance hurdle (an amount equal to the US dollar equivalent of the Placing Price increased at a rate of 10% p.a.) (ii) the Adjusted NAV per Ord at the start of the relevant performance period; and (iii) a high watermark, multiplied by the time weighted average of the Ordinary Shares in issue in the relevant performance period.