The IMA Property sector currently features 13 funds with a focus on UK bricks and mortar. Performance for the overall sector, which also includes funds investing in property outside of the UK market, has reached 6.89 per cent year to date.
The best performing Oeic year to date, and the only UK bricks and mortar fund to outperform the broader IMA sector, is the £792m Standard Life Investments UK Property fund which has returned 7.38 per cent since the start of this year.
This is followed by the Scottish Widows Investment Partnership Property Trust, which is the largest open-ended UK property fund at £3.03bn, with returns totaling 6.38 per cent.
The second largest UK property fund, the £3bn M&G Property Portfolio also proved the third top-performing fund so far in 2014 after returns reached 6.33 per cent year to date.
The worst performing open-ended vehicles year to date have been the Old Mutual Property and the £1.9bn Henderson UK Property funds which have both returned 5.03 per cent to investors since the start of the year. If you are wondering what part property should plan in your portfolio Enable’s IFAs are here to help.
Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE
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