Following their summer investment committee, FundCalibre has awarded the TM Gravis UK Listed Property (PAIF) Fund an Elite Rating.
Commenting on the new rating, the FundCalibre team said: “We really like this fund and feel confident that the experienced, high-quality team behind it will help deliver outperformance over the long term in the listed property space.
“This fund provides investors with access to durable thematic trends while benefiting from a low correlation to equities and bonds. We view this fund as a great diversifier within a broader portfolio.”
The team went on to say “the fund gives investors the opportunity to gain exposure to real estate in a liquid portfolio - something that open-ended property funds have historically struggled to offer. The fund generates a healthy and sustainable dividend while also providing strong defensive characteristics.”
FundCalibre is an independent online research centre and fund ratings agency, which is freely available to all investors. The FundCalibre investment research team analyses funds that are widely available to UK retail investors and identifies those they believe have the most skilful managers. They typically award the Elite Rating to no more than 10% of funds in any sector.
Matthew Norris, manager of the TM Gravis UK Listed Property (PAIF) Fund added: “We’re delighted to have been awarded the Elite Rating from FundCalibre. At Gravis, we are fundamental investors, not traders. We're research-intensive and our stock picking is yielding decent results for investors.
“The Fund has delivered a low positive correlation to both equities and bonds over the last few years and in 2025 that correlation has fallen further as global markets have been hit by a series of macro events and we’ve witnessed sector-specific developments in the form of M&A.
“In addition to the diversification benefits, there are income benefits. The portfolio is made up of the next generation of real estate which is producing growth income, not fixed income and, importantly, is exceeding the rate of inflation. The current yield is around 5% with, we believe, 3% to 4% upside growth in that dividend distribution over the course of this year.”
You can find out more about the rating here: TM Gravis UK Listed Property | FundCalibre
Important information
This article is issued by Gravis Advisory Limited (“GAL” or the “Firm”)), which is authorised and regulated by the Financial Conduct Authority. GAL’s registered office address is 24 Savile Row, London, United Kingdom, W1S 2ES. The company is registered in England and Wales under registration number 09910124.
TM Gravis UK Listed Property (PAIF) Fund (the “Fund”) is a sub-fund of TM Gravis Real Assets ICVC, which is a non-UCITS retail scheme and an umbrella company for the purposes of the OEIC Regulations. The Fund is a Property Authorised Investment Fund (“PAIF”). Thesis Unit Trust Management Limited is the Authorised Corporate Director of TM Gravis Real Assets ICVC and GAL is the investment manager of the Fund.
Any decision to invest in the Fund must be based solely on the information contained in the Prospectus, the latest Key Investor Information Document and the latest annual or interim report and financial statements.
GAL does not offer investment advice and this article should not be considered a recommendation, invitation or inducement to invest in the Fund. Prospective investors are recommended to seek professional advice before making a decision to invest.
Your capital is at risk and you may not get back the full amount invested. Past performance is not a reliable indicator of future results. Prospective investors should consider the risks connected to an investment in the Fund, which include (but are not limited to) exchange rate risk, market risk, counterparty risk, inflation and interest rate risks and the risks of investing in real estate and related industries. Please see the Risk Factors section in the Prospectus for further information.
This article has been prepared by GAL using all reasonable skill, care and diligence. It contains information and analysis that is believed to be accurate at the time of publication but is subject to change without notice. It is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Any recipients outside the UK should inform themselves of and observe any applicable legal or regulatory requirements in their jurisdiction.
