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.