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SCOTTISH MUTUAL COMMERCIAL PROPERTY PLAN - Fund overview

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Overview of SCOTTISH MUTUAL COMMERCIAL PROPERTY PLAN

This plan (ISA eligible) offers an income or growth option with an annual target yield of 7% gross from a diversified portfolio of commercial property. The plan will run until 29 January 2013. Although commercial property has proved to be an attractive property over the longer term, investors should note that this investment has its risks most notably in the high level of gearing. Additionally Westbury Fund Management are not well known to us. The high costs of this product are also a drawback. There may also be charges for early encashment, particularly in the early years.

Standard Initial Charge

9.71% 5.71%

Fund summary

Sector	–
Product type	OFFSHORE FUND
Launched	December, 2002
Size	£31m
Yield	8.2%
Charging basis	–
Dividends paid	–
Bid price	85.20p

Fund Charges

Standard Initial charge	9.71%
Initial charge via Bestinvest	5.71%
Additional bid/offer spread	0.00%
Annual management charge	1.60%
Total expense ratio	2.15%
Reduction in yield (10yr)	2.72%

Bestinvest says

No information available.

Portfolio

scottish mutual commercial property plan asset allocation illustration

Allocation		Proportion

	Equity	–
	High yield bonds	–
	Quality bonds	–
	Property	100%
	Commodities	–
	Hedge	–
	Fund cash	–

No data available.

View all performance data for SCOTTISH MUTUAL COMMERCIAL PROPERTY PLAN

Investment process

This investment looks to deliver gross annual income of 7% or capital growth from a diversified pool of commercial property. The property exposure is gained by investing in the Westbury Commercial Property Fund Ltd. Knight Frank, the property specialists have been appointed by Westbury. Their role is to choose the properties to buy as well as managing the properties on an ongoing basis.
The plan will run for for ten years until 29 January 2013

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.

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