Target Healthcare REIT (Ordinary Share) THRL

Property Specialist

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Estimated NAV (p)

95.00

Share Price (p)

N/A

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Target Healthcare REIT (Ordinary Share) Price 4.48%
Target Healthcare REIT (Ordinary Share) NAV 7.14%
MSCI ACWI/REAL ESTATE 6.35%
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 104.0p 9.8% 95.00p 95.00p
30 Jun
100% 5.00%

Discrete performance % over

Fund / BenchmarkQ1Q2Q3Q4
Target Healthcare REIT (Ordinary Share) Price4.48
Target Healthcare REIT (Ordinary Share) NAV7.14
MSCI ACWI/REAL ESTATE6.35

Discrete performance over

Discrete Performance

Sectors weighting

Property 51.00%
Net Current Assets 49.00%
  • Investment trust info:

  • Sector Property Specialist
  • Launch Date 07 Mar 2013
  • Base Currency GBX
  • Domicile Jersey
  • Share Price (p) N/A
  • Share Type Ordinary Share
  • TIDM THRL
  • ISIN JE00B95CGW71
  • Shares Issued (M) 95
  • Market Capital (£M) 99.03
  • Gross Assets (£M) 90.18
  • Net Assets (£M) 90.18
  • TER (%) 0.00
  • Historic Dividend Yield (%) 5.00
  • Next Dividend Date 06 Nov 2014
  • Next Dividend (p) 1.50
  • Last AGM 25 Oct 2013
  • Next AGM 24 Oct 2014
  • Last Annual Report Date  
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide an attractive level of income, with capital and income growth by investing in a diversified portfolio of freehold and long leasehold care homes that are let to care home operators and other healthcare assets in the UK.
  • Management Group(s):

  • Target Advisers LLP
  • Managed by:

  • Andrew Brown Start: 07 Mar 2013
  • John Flannelly Start: 07 Mar 2013
  • Kenneth Mackenzie Start: 07 Mar 2013
  • Management Contract & Fees:

    The Company will pay to the Investment Manager an annual base management fee of 0.90% p. a. of the net assets of the Company provided that this fee shall be 0.85% p. a if the net assets of the Company are below GBP 60m, and an annual performance fee of 10% of the amount by which the total return of the Company's portfolio is in excess of the total return of the IPD Healthcare Index. The maximum amount of the total fees payable by the Company to the Investment Manager shall be limited to 1.25% p.a. of the average net assets of the Company over that year. The Investment Management Agreement is terminable by any of the parties to it on six months written notice, subject to an initial minimum period of notice of three years from Admission.