IFAs can now access Stellar Asset Management's Baltic States fund through the Transact platform, as well as six SIPP providers.
Launched in May 2008, the fund aims to return 15% annually to investors through conventional property, planning plays, development and land trading opportunities in the emerging Eastern European states.
In addition to Transact, the fund is available through Hornbuckle Mitchell SIPP, James Brearley Sippdeal, SIPP Centre, Pointon York SIPP Solutions, Standard Life SIPP and Suffolk Life SIPP.
Stellar chief executive Jonathan Gain says Baltic real estate is expected to outperform the UK market by 15% over the next two years.
“The response to the fund has been very encouraging, particularly from financial advisers who are actively seeking property asset allocation for their client,” he says.
Minimum investment is £25,000m, with 4% initial commission and 0.5% trail for IFAs.IFAonline
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