The fund has a Total Return objective, aiming to capture UK house price growth and provide an income from rents.
£60 Million (At end of September 2019)
The fund invests 85-90% of assets directly in flats and houses across the UK. The remainder is held in cash and liquid instruments. The fund has no gearing or leverage, offers daily liquidity (i.e. investors can subscribe and redeem on a daily basis). Currently, the fund holds no properties in Central London, and focuses on new and modern 2 and 3 bedroom houses and flats.
Fund Structure & Governance
The fund is FCA authorised as a Non-UCITS Retail Scheme (NURS). It is an open-ended OEIC, with tax-efficient PAIF status.
The fund is available and permitted via a ISAs and SIPPs.
4 reasons to invest in the TM home investor fund:
1. An alternative to Buy-To-Let
With recent tax changes, Buy-To-Let investing has become less attractive for many. Investing in a fund that holds residential property can be more tax-efficient and is hassle-free.
2. Saving for a Deposit.
The fund could be relevant for investors saving for a deposit, whether first time buyers, or parents, grandparents and friends helping others get onto the property ladder.
3. A building block in a diversified portfolio
Residential property can be an valuable additional component of a diversified portfolio of Equities, Bonds and Commerical Property.
4. A source of income
Fund investors benefit from the rental income from nearly 200 homes in the fund.