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INVISTA PROPERTY PORTFOLIO B - Fund overview

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Overview of INVISTA PROPERTY PORTFOLIO B

A Guernsey based Unit Trust investing primarily in UK commercial property assets through a fund of funds approach. The product is designed to offer core UK property exposure by investing mainly in specialist property sector funds that are not usually available to retail investors. For performance purposes the fund is benchmarked against the IPD Index and the HSBC AREF All Balanced Funds Index. Dealings were suspended in November 2007.

Standard Initial Charge

2.50% 0.00%

Fund summary

Sector  Property
Product type  OFFSHORE FUND
Launched  December, 2004
Size  £58m
Yield 3.2%
Charging basis  –
Dividends paid  Mar, Jun, Sep and Dec
Bid price 131.50p

Fund Charges

Standard Initial charge 2.50%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.35%
Total expense ratio 0.75%
Reduction in yield (10yr) 0.75%

Bestinvest says


No information available.

Portfolio

invista property portfolio b asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 0%
Quality bonds 0%
Property 100%
Commodities 0%
Hedge 0%
Fund cash 0%
invista property portfolio b equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
invista property portfolio b equity capitalisation illustration
Allocation Proportion
Large Caps 0%
Mid Caps 0%
Small Caps 0%

Investment process


Whilst there are no formal relative IPD constraints the fund is designed on a relative IPD basis consequently weightings will tend to bear some resemblance to this index with retail and office invariably forming the core.
Return targets are 1-2% over IPD after charges, the gross yield before charges will broadly be in line with the IPD (charges are applied against income).The fund’s maximum consolidated gearing = 50%, currently this is approximately 30%. Gearing is not applied at the fund of fund level - which would be tax inefficient, all gearing is embedded in the underlying funds.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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