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TIME Freehold Income Authorised A Gross Acc

Ranked 2 out of 41 in - UK Physical over 12 months
All calculations are in GBP unless stated

Managed by

Nigel Ashfield

Nigel Ashfield is partner, managing director and fund manager at TIME Investments based in London. He joined the firm in 2011, and prior to this he was assistant director and fund manager at Close Brothers. Ashfield manages the Property Authorised Investment Funds using an active investment style. He graduated from Southampton University with a BA in Law, is an ACA chartered accountant and holds an IMC. Outside of work, Nigel lists music, the theatre and skiing among his interests.

Objective

The objective of the Fund is to invest in freehold ground rents in the UK to provide a secure and stable investment. The current investment policy is to target an annual total return of at least 5% to investors. The primary investment of the Fund will be freehold ground rents from properties in the UK and British Islands. The Fund generally acquires residential freehold interests in property which are subject to leases between 99-999 years. The Fund may also invest in collective investment schemes; cash and money market instruments; debt securities; and property-related shares. The Fund may use derivatives

Showing fund performance in United Kingdom View performance globally

Performance

UK Physical over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 1.9%
2018 8.1% 1.7% 2.3% 2.4% 1.5%
2017 9.7% 2.3% 2.4% 2.5% 2.2%
2016 9.4% 2.2% 2.2% 2.4% 2.3%
2015 11.5% 2.0% 3.8% 2.3% 2.9%
2014 8.9% 2.4% 2.4% 1.6% 2.2%
2013 7.3% 1.3% 3.5% 1.4% 1.0%
2012 6.1% 1.8% 1.7% 1.1% 1.4%
2011 5.7% 1.8% 1.3% 1.3% 1.3%
2010 5.5% 1.4% 1.7% 1.2% 1.2%
2009 6.0% 1.7% 1.4% 1.2% 1.7%
2008 5.9% 2.0% 1.0% 1.4% 1.4%
2007 7.3% 1.9% 1.7% 2.6% 0.8%
2006 9.7% 3.0% 4.0% 1.3% 1.1%
2005 5.5% 1.2% 1.4% 0.8% 2.1%
2004 8.5% 3.1% 2.1% 1.8% 1.3%
2003 5.3% 1.0% 1.9% 1.1% 1.2%
2002 10.9% 1.6% 1.7% 6.1% 1.2%
2001 9.5% 0.8% 5.3% 1.6% 1.5%
2000 7.4% 1.7% 2.2% 1.8% 1.5%
1999 13.8% 1.3% 2.2% 6.3% 3.4%
1998 13.3% 1.6% 2.9% 4.0% 4.2%
1997 2.2% 4.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2019

Top 10 Holdings

Stock Size
Old Mutual International Isle of Man Ltd 3.33%
Suffolk Life Trustees Ltd 1.14%
Canada Life International Ltd 1.03%
Suffolk Life Annuities Ltd 0.26%
Canada Life International Assurance (Ireland) DAC 0.24%
GBP Cash 0.06%
Old Mutual International Isle of Man Limited Singapore Branch 0.03%
Old Mutual International Ireland Ltd 0.01%
31/03/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/04/1997
  • Share Class size144Mn
  • Base currencyGBX
  • ISIN GB00B9LV6956

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management1.18%
  • Initial investment1.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).