Globalworth Real Estate Invest (Ordinary Share) GWI

Property Direct - Europe

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Estimated NAV (p)

7.00

Share Price (p)

6.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Globalworth Real Estate Invest (Ordinary Share) Price 20.07%
Globalworth Real Estate Invest (Ordinary Share) NAV 53.80%
FTSE EPRA/NAREIT EUROPE 15.69%
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 6.8p -4.1% 7.00p 7.00p
30 Jun
107%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Globalworth Real Estate Invest (Ordinary Share) Price20.07
Globalworth Real Estate Invest (Ordinary Share) NAV53.80
FTSE EPRA/NAREIT EUROPE15.69

Discrete performance over

Discrete Performance

Sectors weighting

Property 69.10%
Net Current Assets 30.90%
  • Investment trust info:

  • Sector Property Direct - Europe
  • Launch Date 25 Jul 2013
  • Base Currency GBX
  • Domicile Guernsey
  • Share Price (p) 6.75
  • Share Type Ordinary Share
  • TIDM GWI
  • ISIN GG00B979FD04
  • Shares Issued (M) 42
  • Market Capital (£M) 221.77
  • Gross Assets (£M) 247.44
  • Net Assets (£M) 231.30
  • TER (%) 0.00
  • Last AGM 19 Jun 2014
  • Next AGM 19 Jun 2015
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To generate risk-adjusted returns through a combination of yield and capital appreciation as a result of investing in a diversified portfolio of properties located primarily in Romania but also in the broader SEE and CEE region.
  • Management Group(s):

  • Globalworth Asset Managers Srl
  • Managed by:

  • --- Management Team Start: 25 Jul 2013
  • Team Managed Start: 25 Jul 2013
  • Team Managed Start: 25 Jul 2013
  • Management Contract & Fees:

    All investment advisory and portfolio management services are provided exclusively by the Investment Adviser, a wholly owned subsidiary of the Company which employ the Founder and Dimitris Raptis. All asset management and administration services are provided to the relevant property owning members of the Group by the Asset Manager (which is currently owned by a Founder Company and which, pursuant to the Asset Manager Acquisition Agreement, is expected to be acquired by the Company within three months after Admission). Under the terms of the Administration Agreement, the Administrator is entitled to various fees, including a minimum annual administration fee of EUR 36,000, a financial reporting fee of GBP 8,000-12,000, and a value fee of 0.00885% by which the gross asset value of the Company exceeds EUR 50,000. All other ongoing expenses of the Group are paid by the relevant member of the Group including, without limitation, the incidental costs of acquiring, managing and disposing of investments and the implementation of the Investing Policy; the salary and related costs due to the members of the Senior Management Team employed by the Investment Adviser and (on completion of the acquisition of the Asset Manager pursuant to the Asset Manager Acquisition Agreement) to the executives employed by the Asset Manager; travel, accommodation and printing costs; website maintenance; accounting, audit, legal and valuation fees and annual AIM fees. All out of pocket expenses of the Administrator, the Registrar and the Directors relating to the Company that are reasonably and properly incurred will be borne by the Company.