Gravis UK Listed Property
103.34p
A Acc share price
on 09 Dec 2019
£21.32m
Fund size
4.00%
Estimated 12 month
yield

The fund

A Non UCITs Retail Scheme (NURS) Open Ended Investment Company (OEIC) which will have Property Authorised Investment Fund (PAIF) status. The Fund will invest primarily in UK Real Estate Investment Trusts and will initially exclude exposure to retail property companies

Fund Summary 

Fund Name
VT Gravis UK Listed Property
Fund Manager
Valu-Trac Investment Management Ltd
Investment Adviser
Gravis Advisory Ltd
Launch Date
31 October 2019
Listing
UK
Structure
Non UCITs Retail Scheme Open Ended Investment Company with Property Alternative Investment Fund Status
Fund Size
N/A
Investment Type
Inc & Acc
Currencies
GBP, Euro, USD

Clean share class 

Charges AMC & OCF
0.7% capped
Price Acc
N/A
Price Inc
N/A
Minimum Investment
£100
ISIN Acc
GB00BK8VW755
ISIN Inc
GB00BK8VW532
SEDOL Acc
BK8VW75
SEDOL Inc
BK8VW53
Dividends Paid
Quarterly
Target Yield
4%

Feeder Fund 

Charges AMC & OCF
0.7% capped
Price Acc
N/A
Price Inc
N/A
Minimum Investment
£100
ISIN Acc
GB00BKDZ8Y17
ISIN Inc
GB00BKDZ8V85
SEDOL Acc
BKDZ8Y1
SEDOL Inc
BKDZ8V8
Dividends Paid
Quarterly
Target Yield
4%

As at 24 Sep 2019

Investment strategy

The investment objective of the Fund is to generate a regular income of 4% p.a., whilst aiming to achieve capital growth through market cycles and protect against inflation.

The Fund aims to meet its objectives by investing in a broad range of GBP denominated, London Stock Exchange listed property securities, offering diversification through exposure to all UK REIT classifications with the exception of retail. The Fund will focus on the stability and security of cashflows and will be actively managed with a view to maximising returns whilst keeping costs to a minimum. The Fund will offer daily liquidity.

The Fund is expected to deliver a dividend yield of 4% p.a. (by reference to the launch price of £1) with the potential for capital growth over time.

The team

Directors

Matthew Norris

Matthew Norris

Director of Real Estate Securities & Fund Adviser

Matthew Norris

Matthew Norris

Director of Real Estate Securities & Fund Adviser

Matthew is responsible for the oversight of the VT Gravis UK Listed Property Fund.

Matthew has more than two decades investment management experience and has a specialist focus on real estate securities. He served as an Executive Director of Grosvenor Europe where he was responsible for global real estate securities strategies. He joined Grosvenor following roles managing equity funds at Fulcrum Asset Management and Buttonwood Capital Partners. He also provides expert input to research projects run by EPRA, which focus on the importance of emergent real estate sectors.

Matthew graduated with a degree in Economics & Politics from the University of York. He is a CFA charterholder and holds the Investment Management Certificate.

+44(0) 20 3405 8553
matthew.norris@graviscapital.com

Nick Barker

Nick Barker

Director

Nick Barker

Nick Barker

Director

Nick is a director of Gravis. He is the co-lead manager of the GCP Student.

Nick joined Gravis from Schroders where he worked for eight years, ultimately as head of alternatives for the real estate business and a member of the fund management team for the Schroder UK Real Estate Fund. Nick has over sixteen years investment experience having previously also worked at Cushman & Wakefield and JLL.

Nick graduated from the University of Reading with a degree in Investment & Finance in Property. Nick is also a Member of the Royal Institution of Chartered Surveyors.

+44 (0)20 3405 8521
nick.barker@graviscapital.com


Administrator & service providers

Investment Manager

Valu-Trac Investment Management Limited
Orton
Moray
IV32 7QE

Investment Adviser

Gravis Advisory Limited
24 Savile Row
London
W1S 2ES

Auditors

Johnstone Carmichael LLP
7-11 Melville Street
Edinburgh
EH3 7PE

ACD

Valu-Trac Investment Management Limited
Orton
Moray
IV32 7QE

Laywer

Dickson Minto W.S
16 Charlotte Square
Edinburgh
EH2 4DF

Depositary

National Westminster Bank Plc
Trustee & Depositary Services
Younger Building
1st Floor, 3 Redheughs Avenue
Edinburgh
EH12 9RH

Distributor

Gravis Advisory Limited
24 Savile Row
London
W1S 2ES

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The information and materials contained in this website (the “Website Materials”) are exclusively intended for persons who are not residents of the United States and who are not physically present in the United States. The information contained herein and on the pages that follow do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or in any jurisdiction or jurisdictions in which such offers or sales are unlawful. The securities referred to herein and on the pages that follow have not been nor will they be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, within the United States or to or for the account or benefit of U.S. Persons (as defined in Regulation S of the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. There will be no public offer of the securities in the United States, Australia, Canada, Japan or the Republic of South Africa or any jurisdiction in which such an offer would constitute a violation of the relevant laws or regulations of such jurisdiction. VT Gravis UK Listed Property Fund will not be registered under the U.S. Investment Company Act of 1940, as amended, and investors will not be entitled to the benefits of that Act.

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