M&G has launched a sterling offshore property fund that will be 100% invested in commercial propert...
M&G has launched a sterling offshore property fund that will be 100% invested in commercial properties The M&G Property Fund will have a large well-diversified portfolio of £100m, with over 20 UK commercial properties spread across all key sectors. The fund will have an offshore unit trust structure, domiciled in Guernsey, enabling it to be 100% invested in commercial property. It is available to investors via a multiple distribution channels. The fund is available with an initial charge of 5% and an annual management charge of 1.25%. The minimum investment is £1,000 for lump sum payme...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes