+44 (0) 20 3301 1300 info@hearthstone.co.uk

TM Hearthstone PAIF

The TM Hearthstone UK Residential Property Fund invests in a portfolio of professionally managed private rented properties and aims to match or exceed the growth in the UK House Price Index across England, Scotland and Wales.
 
The Fund may also benefit from residual rental income which is reinvested back into the Fund.


Launched in July 2012, the fund has an established track record which can be measured alongside its peers in the IA Property sector.

Fund objective is to provide long-term capital growth and consistent income returns, by investing in a diversified portfolio of let residential property within the UK.

Income from lettings is designed to cover fund level costs and provide an additional net return from rental.

Fund is FCA authorised under Non-UCITs Retail Scheme (NURS) rules and covered by the Financial Services Compensation Scheme.

Fund is an OEIC sub-fund of the TM Hearthstone ICVC umbrella – a unit trust feeder fund is also available. Daily dealing for retail investors.

Property Authorised Investment Fund (PAIF) tax status – unit trust feeder fund also available.

Stock selection prioritises newer built units, managed so as to reduce maintenance and management costs. Properties are chosen to reflect the UK index by type and region and as such are in strong performing rental locations.

Diversification within the Fund provides benefits to investors (including multi-managers) seeking to reduce portfolio volatility, reflecting the low correlation of residential property to other asset classes.

Stock specific risk within the fund is low as individual unit size is relatively small. Fund is available to retail investors and has to achieve ‘Prudent Spread of Risk’ per Collective Investment Schemes Sourcebook.

Fund owns tangible assets, is transparent and holdings data is readily available.

Fund manager with over 30 years’ experience in residential and an executive team previously responsible for over £8bn+ in property FUM.

A disciplined risk management regime is in place. The Fund manager’s proposed investment decisions are overseen by two committees selected both internally and externally.

Significant operational infrastructure exists. Hearthstone has access to large scale residential property management, lettings services and cash discounts which include access to off-market portfolios.
 

For further information contact Darren Stent

email: dstent@hearthstone.co.uk
tel: +44 (0) 20 3301 1334
 

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Please agree to the terms below to view content in the 'Professional Investors' section.

Please agree to the terms below to view content in the 'Professional Investors' section.
 
Hearthstone Investments PLC is the parent company of the Hearthstone Group. Regulated activities associated with the TM Hearthstone ICVC are carried out by Hearthstone Asset Management Limited, which is an authorised representative of Thesis Asset Management Limited, authorised and regulated by the Financial Conduct Authority (114354).
 
Regulated activities associated with the Hearthstone Residential Fund 1 are carried out by Hearthstone Investment Management Limited. Hearthstone Investment Management Limited is an appointed representative of Langham Hall Fund Management LLP, an entity which is regulated and authorised by the Financial Conduct Authority of the UK.
 
Regulated activities associated with the Housing Fund for Scotland are carried out by NCM Fund Services Limited, an entity which is regulated and authorised by the Financial Conduct Authority of the UK.
 
Information in this section of our website is intended for professional clients and investment professionals and should not be relied upon by retail investors. No information in this website should be treated as an invitation or inducement to invest in any investment product nor as investment advice. If you are a professional client or investment professional, you should not provide retail clients with access to information from our website that is not specifically designed by us for their use.
 
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