Duet Real Estate Finance (Ordinary Share) DREF

Sector Specialist: Securitised Debt

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Estimated NAV (p)

64.00

Share Price (p)

60.24

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Duet Real Estate Finance (Ordinary Share) Price 9.97%
Duet Real Estate Finance (Ordinary Share) NAV 17.50%
FTSE Europe 49.70%
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 60.0p -6.3% 64.00p 78.00p
30 Jun
100% 12.42%

Discrete performance % over

Fund / BenchmarkOct '11
Sep '12
Oct '12
Sep '13
Oct '13
Sep '14
Duet Real Estate Finance (Ordinary Share) Price-5.6416.120.37
Duet Real Estate Finance (Ordinary Share) NAV3.687.485.44
FTSE Europe13.5422.187.91

Discrete performance over

Discrete Performance

Top 10 Holdings

DREF Master Fund 99.90%

Sectors weighting

Property - Office 52.00%
Property - Hotels 34.00%
Property - Retail 9.00%
Property - Mixed 3.00%
Property - Healthcare 2.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 14 Mar 2011
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 60.24
  • Share Type Ordinary Share
  • TIDM DREF
  • ISIN GG00B628S547
  • Shares Issued (M) 74
  • Market Capital (£M) 44.69
  • Gross Assets (£M) 47.69
  • Net Assets (£M) 47.69
  • TER (%) 0.43
  • Historic Dividend Yield (%) 12.42
  • Next Dividend Date 27 Nov 2014
  • Next Dividend (p) 1.30
  • Last AGM 13 Jun 2014
  • Next AGM 13 Jun 2015
  • Last Annual Report Date 28 Aug 2014
  • Next due Report Date  
  • Next due Report Type I/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 GBP25,000 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.