Close offers a property portfolio

Close Property Investment has launched a fund of property funds that will give investors access to ground rents, commercial, industrial and residential property. The Property Investment Portfolio, launched on 7 April, aims to provide good returns in buoyant market conditions, high income and capital growth in flat markets and capital protection is difficult markets through a diverse range of underlying property funds. The Isle of Man domiciled fund is available for a minimum investment of £11,000. An initial management fee of 5% is charged, from which an adviser commission of 3.5% ...