Duet Real Estate Finance (Ordinary Share) DREF

Sector Specialist: Securitised Debt

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Estimated NAV (p)

36.00

Share Price (p)

35.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Duet Real Estate Finance (Ordinary Share) Price 27.25%
Duet Real Estate Finance (Ordinary Share) NAV 23.47%
FTSE Europe 38.61%
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 35.9p 0.0% 36.00p 50.00p
31 Dec
100% 14.49%

Discrete performance % over

Fund / BenchmarkApr '12
Mar '13
Apr '13
Mar '14
Apr '14
Mar '15
Duet Real Estate Finance (Ordinary Share) Price5.45-0.2921.02
Duet Real Estate Finance (Ordinary Share) NAV4.247.5710.11
FTSE Europe15.9413.755.10

Discrete performance over

Discrete Performance

Top 10 Holdings

DREF Master Fund 99.90%

Sectors weighting

Property - Hotels 42.00%
Property - Office 41.00%
Property - Retail 11.00%
Property - Mixed 4.00%
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) 35.50
  • Share Type Ordinary Share
  • TIDM DREF
  • ISIN GG00B628S547
  • Shares Issued (M) 74
  • Market Capital (£M) 26.46
  • Gross Assets (£M) 26.48
  • Net Assets (£M) 26.48
  • TER (%) 0.45
  • Historic Dividend Yield (%) 14.49
  • Last AGM 13 Jun 2014
  • Next AGM 15 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.