Brandeaux Student Accommodation Fund INTERNATIONAL FUNDS ISLE OF MAN November 2014

Transcription

Brandeaux Student Accommodation Fund INTERNATIONAL FUNDS ISLE OF MAN November 2014
INTERNATIONAL FUNDS ISLE OF MAN
Brandeaux Student Accommodation
Fund
November 2014
This factsheet is for information only and should not be considered a
financial promotion. This information should not be relied upon for buying
and selling decisions.
FUND OBJECTIVE
MIRROR FUND KEY FACTS
To provide long term positive returns through a combination of
secure income and capital appreciation arising from increasing rental
values by investing in student and key worker accommodation
throughout the UK.
FP Code:
Currency:
Launch Date:
FPI Risk Rating:
Fund Key:
Dealing:
Sector Classification:
Sharia Compliant:
Index Tracker:
Socially Responsible Investment:
SFC Authorised:
MAS Approved:
FPI MIRROR FUND RISK RATING
Grade 3: These funds take a balanced approach to
investment by holding a diverse portfolio of assets.
The fund price may go up and down depending on investment
performance and is not guaranteed. You may get back less than
you’ve paid in.
J99
GBP
June 2000
3
A,C,E,G,I,V,X
Monthly
Property - Europe
No
No
No
No
No
UNDERLYING FUND KEY FACTS
Sedol Code:
B61PNY0
ISIN Code:
VGG131721125
Launch Date:
15/06/2000
Fund Management Company:
Brandeaux Managers (BVI)
Fund Manager:
Brandeaux Managers Limited
Manager Since:
15/06/2000
Fund Size (as at 31/05/2014):
GBP 885m
Annual Management Charge:
1.50%
Additional Expenses (as at 31/03/2013):
0.21%
Total Expense Ratio (as at 31/03/2013):
1.71%
The Total Expense Ratio is a measure of the total annual charge of the
underlying fund and is the Annual Management Charge plus the Additional
Expenses
Sector Classification:
Crown Rating:
Property - Europe
Further information on the Crown Rating can be found at
www.financialexpress.net
FUND KEY
A : Fund closed to new investors.
C : Fund deals monthly.
E : Funds not authorized in Hong Kong; only available to clients of Friends Provident International Limited. From December 2002 - funds not offered to Hong Kong
investors. Investors currently in these funds are unaffected.
G : Fund has a liquidity warning due to the nature of the underlying assets. For information on any restrictions currently in force, please refer to the Funds News
section of our website.
I : Professional Investor Fund. The underlying fund that the internal fund invests into is classified as a Professional Investor Fund. Such funds are aimed at market
professionals and consequently are subject to less regulation due to the experience of the intended recipient. The generally accepted definition of a professional
investor is any person:
(a) whose ordinary business involves, whether for his own account or the account of others, the acquisition or disposal of property of the same kind as the property
of the Fund; or
(b) whether individually or jointly with his spouse, has net worth in excess of one million US Dollars or its equivalent in any other currency and that he consents to
being treated as a Professional Investor.
Friends Provident International Limited are classified as the Professional Investor and we operate the internal fund to enable our policyholders to collectively access the
underlying fund. Policyholders should understand the nature of the fund. Professional status does not necessarily imply a high risk fund.
V : Fund is classified as a Non Mainstream Pooled Investment by the UK Financial Conduct Authority and is not available for new investment by customers based in
the UK with effect from 1 January 2014.
X : Fund falls under the requirements of the European Union (EU) Alternative Investment Fund Manager Directive (AIFMD). As such, it is not available for (new)
investment by EU or EEA investors with effect from 22 July 2014.
UNDERLYING FUND BREAKDOWN
Asset Allocation (as at 28/02/2013)
98.40%
Property Assets
Cash
TOP HOLDINGS
No Top Holdings Available
1.60%
INTERNATIONAL FUNDS ISLE OF MAN
Brandeaux Student Accommodation
Fund
November 2014
The information shown below refers to the past. Past performance is not a reliable guide to future performance.
Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund
and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
7.97%
8.40%
7.62%
3.46%
N/A *
Brandeaux Student Accommodation
Fund
* This fund was not available during this time frame
Figures are for periods from Quarter 3 to Quarter 3 of each year.
RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014)
30/09/2009 30/09/2010
30/09/2010 30/09/2011
30/09/2011 30/09/2012
30/09/2012 30/09/2013
30/09/2013 30/09/2014
Quartile Rank
N/A *
N/A *
N/A *
N/A *
N/A *
Absolute Rank
N/A *
N/A *
N/A *
N/A *
N/A *
* Data is not available for this time frame
Figures are for periods from Quarter 3 to Quarter 3 of each year.
Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds
ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’.
Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector.
PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at
31/10/2014)
35%
CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 31/10/2014)
% growth
Since Launch
167.20
30%
1 Year
N/A
25%
3 Years
10.35
20%
5 Years
30.31
10 Years
95.67
15%
ANNUALISED PERFORMANCE OF MIRROR FUND (as at 31/10/2014)
10%
% growth
5%
0%
Nov 09
Since Launch
Apr 10
Sep
Feb 11
Jul
Dec
May 12
Oct
Mar 13
30/10/2009 - 31/05/2013 Powered by data from FE
Standard Deviation*
7.07
1.02%
* Standard Deviation is a measure of a fund’s risk and volatility. It gives an
indication of how much a fund’s price goes up and down in value. So the
higher the volatility measure, the greater the risk. The above figure is an
annualised figure over a three-year time period.
Source: Financial Express Ltd, on a bid to bid basis. Figures to 31/10/2014
IMPORTANT INFORMATION REGARDING MIRROR FUNDS
For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in
the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends
Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move
mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are
fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information
brochure.
Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.
Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an insurance company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.
Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Friends Life group.