fund details
Fund NAV
No. of holdings
18
£410.5m
FUND INFORMATION - as at 30/09/2023
Investment Objective
Investment Strategy
Fund Structure
Target Investors
Dealing
Base Currency
Target Return
Sterling
6-8% per annum
To maximise total return in Sterling terms through a combination of growth and income.
To invest in UK holiday parks where there is the opportunity to improve an existing business and/or, where appropriate, the opportunity for development exists.
Designed as a long term investment for institutional investors.
Guernsey open-ended unit trust authorised by the Guernsey Financial Services Commission as a Class B Collective Investment Scheme.
Monthly, on the first business day of each month.
15% of the outperformance of the Fund against the benchmark of SONIA* plus 1%.
This is payable for each performance period only if the NAV per Unit is above the previous high water mark attained during the relevant period.
*SONIA replaced LIBOR which was phased out in 2021.
PERFORMANCE FEE
REDEMPTION FEE
Time of redemption from acquisition
% Charge
Within 1 year
5%
Within 2 years
4%
3%
2%
1%
0
Within 3 years
Within 4 years
Within 5 years
Thereafter
UNIT CLASSES
Minimum Subscription
Lock-in Period
Annual Management Fee
£100,000
None
1.00% per annum
Yes
0.80% per annum
None
0.85% per annum
£7,000,000
Class “D” Income and Accumulation Units
Class “M” Income and Accumulation Units
Class “C” Income and Accumulation Units
£20,000,000
Please refer to the
Fund Prospectus for full information relating to unit classes and the fees charged by the Fund.
