Duet Real Estate Finance (Ordinary Share) DREF

Sector Specialist: Securitised Debt

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Estimated NAV

6.00

Share Price

7.25

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Duet Real Estate Finance (Ordinary Share) Price 39.82%
Duet Real Estate Finance (Ordinary Share) NAV 10.34%
FTSE World Europe 16.76%
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 6.7 17.1% 6.00 29.00
31 Dec
100% 23.88%

Discrete performance % over

Fund / BenchmarkJan '14
Dec '14
Jan '15
Dec '15
Jan '16
Dec '16
Duet Real Estate Finance (Ordinary Share) Price2.022.6133.57
Duet Real Estate Finance (Ordinary Share) NAV8.434.01-2.17
FTSE World Europe5.270.5910.27

Discrete performance over

Discrete Performance

Top 10 Holdings

DREF Master Fund 99.90%

Sectors weighting

Debt - Mortg: Commercial 96.40%
Property - Office 45.00%
Property - Hotels 32.00%
Property - Retail 13.00%
Property - Healtcare 7.00%
Net Current Assets 3.60%
Property - Mixed 3.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 14 Mar 2011
  • Currency GBX
  • Domicile Guernsey
  • Share Price 7.25
  • Share Type Ordinary Share
  • TIDM DREF
  • ISIN GG00B628S547
  • Shares Issued (M) 72
  • Market Capital (£M) 4.81
  • Gross Assets (£M) 4.11
  • Net Assets (£M) 4.11
  • TER (%) 0.70
  • Historic Dividend Yield (%) 23.88
  • Last AGM 24 Aug 2016
  • Next AGM 24 Aug 2017
  • Last Annual Report Date 17 Jun 2016
  • Next due Report Date 31 Dec 2016
  • Next due Report Type A/R
  • Objective:

  • To provide shareholders, through investment in its Master fund, with regular dividends and an attractive total return while limiting downside risk to capital, through exposure to European commercial real estate debt.
  • Management Group(s):

  • ERED Investment Adviser LLP
  • Managed by:

  • Cyrus Korat Start: 14 Mar 2011
  • Dale Lattanzio Start: 14 Mar 2011
  • Rob Clayton Start: 14 Mar 2011
  • Management Contract & Fees:

    The Company will pay a fixed annual fee of £25,000 to the Investment Adviser in consideration of a range of services outlined in the Company Investment Advisory Agreement. The Company will not otherwise be liable to pay any management or advisory fees to the Investment Adviser.