Duet Real Estate Finance (Ordinary Share) DREF

Sector Specialist: Securitised Debt

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Estimated NAV (p)

36.00

Share Price (p)

34.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Duet Real Estate Finance (Ordinary Share) Price 35.86%
Duet Real Estate Finance (Ordinary Share) NAV 21.96%
FTSE Europe 62.27%
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 35.1p -2.4% 36.00p 50.00p
31 Dec
100% 14.80%

Discrete performance % over

Fund / BenchmarkJun '12
May '13
Jun '13
May '14
Jun '14
May '15
Duet Real Estate Finance (Ordinary Share) Price12.328.9111.06
Duet Real Estate Finance (Ordinary Share) NAV6.614.389.61
FTSE Europe40.607.197.66

Discrete performance over

Discrete Performance

Top 10 Holdings

DREF Master Fund 99.90%

Sectors weighting

Debt - Mortg: Commercial 100.00%
Property - Hotels 42.00%
Property - Office 41.00%
Property - Retail 11.00%
Property - Mixed 4.00%
Property - Healtcare 2.00%
  • Investment trust info:

  • Sector Sector Specialist: Securitised Debt
  • Launch Date 14 Mar 2011
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 34.75
  • Share Type Ordinary Share
  • TIDM DREF
  • ISIN GG00B628S547
  • Shares Issued (M) 73
  • Market Capital (£M) 25.78
  • Gross Assets (£M) 26.40
  • Net Assets (£M) 26.40
  • TER (%) 0.45
  • Historic Dividend Yield (%) 14.80
  • Last AGM 13 Jun 2014
  • Next AGM 10 Jun 2015
  • Last Annual Report Date 24 Apr 2015
  • 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.