Affinity Consulting Group

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Student Accommodation Fund Investment : Affinity Consulting Group  

FPIL Ground Rent Income Fund

A low risk fund of ground rents that accumulate from the ownership of long term leashold property. Available in sterling through the FPIL mirror funds, but also in USD & euro by direct entry through the FPIL Reserve.

This fund has a limited capacity to accept new investment. FPIL will not allow existing money to be switched into it, only new deposits.

The Fund has been designed as a vehicle for investors wishing to participate in a low risk investment returning 'better than cash on deposit' whilst also making a real contribution to the UK educational sector.  Launched as an open ended collective investment scheme on 15 June 2000 by Brandeaux Managers, the Fund has acquired and is targetting high quality student accommodation in major UK university centres such as Leeds, Leicester, Coventry, Manchester, Liverpool, Nottingham, Sheffield, Newcastle, and Plymouth.  The colleges and universities located in these centres feature in lists of the top twenty universities for subjects including Law, Engineering, Social Sciences and Business, as reported in The Times Good University Guide 2002.  This ensures a steady and growing demand for prime quality student accommodation in the years to come.

The Fund invests in affordable, hi-tech security, en suite apartments which are of sufficient quality to allow universities to use them as conference accommodation outside of term.

Objective:

To deliver consistent annualised positive returns over a term of 5 to 10 years, while maintaining a profile of low volatility through investing in residential property throughout the UK in which the Fund, as Landlord, has a substantial reversionary interest.

The Fund’s portfolio is focused on residential properties located throughout the UK. Geographic emphasis is on central London with a concentration of investment in the affluent London boroughs of Kensington, Chelsea, Knightsbridge and Mayfair. The composition of property investments within the Fund are:
·- Long leasehold residential ground rent properties
·- Short leasehold residential ground rent properties
·- Statutory tenanted properties
·- Life tenanted properties
·- Rented residential properties within blocks of flats
·- Retail shops existing within residential blocks of flats

The managers believe the fund is well placed to avoid any substantial fall off in performance if the UK property market turns down.

Track Record:

- Annual Volatility:  Low
- Annualised Returns:  The Fund has achieved an average annual compound growth rate of over 8.1% over the 5 years ending December 2007 and it grew 9.9% in 2007. The fund was established in 1996 and has not had any loosing months.

Brandeaux have over £1 billion under manangement in this fund and their Student Accomodation Fund

Other Details:

Management Fee: 

1.5% per annum

Currency: 

Sterling

Established: 

January 1996

Dealing: 

Weekly  :   Latest fund prices

This fund may go down in value as well as increase. This risk is reduced the longer the investment is held. Past performance is no guarantee of future performance.