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AVIVA PROPERTY S2 PF - Fund overview

No Bestinvest rating


Overview of AVIVA PROPERTY S2 PF

Targeting optimum returns via income and capital appreciation through investment in commercial property assets the fund benefits from a large and dedicated commercial property team, who can exploit its large size, to enable it to acquire large, prime properties in all sectors of the UK property market. The portfolio is diversified across all the main property sub-sectors, and the fund may hold up to 20% of the portfolio in property shares.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  PENSION FUND
Launched  November, 1987
Size  £1,836m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 615.86p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.00%
Reduction in yield (10yr) 1.00%

Bestinvest says


This core commercial property fund, was rated three stars under former manager, Gerardine Davies. However, we suspended our rating following her departure in 2007 and we are still yet to rebuild our confidence in the new manager. Therefore as an alternative consider our recommended funds in the sector.

Portfolio

aviva property s2 pf asset allocation illustration
Allocation Proportion
Equity 2%
High yield bonds 0%
Quality bonds 0%
Property 78%
Commodities 0%
Hedge 0%
Fund cash 20%
aviva property s2 pf equity geographic illustration
Allocation Proportion
UK 100%
Europe 0%
Nth America 0%
Japan 0%
Pacific 0%
Other Equity 0%
aviva property s2 pf equity capitalisation illustration
Allocation Proportion
Large Caps 100%
Mid Caps 0%
Small Caps 0%

Investment process


To achieve its objectives of balanced returns from commercial property the fund mainly invests in direct property assets (typically 75% of the portfolio) with most of the balance invested in property-related assets (typically property shares), government and other public securities and units in collective vehicles. Cash, typically up to 10%, is usually kept to one side to meet cash flow requirements.
Direct property purchases are preferred and a strong credit rating for tenants is a primary aim for the management team so as to limit tenant default risk. Valuations are undertaken monthly by an independent third-party.

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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