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Commercial Long Income PAIF Class A Gross Accumulation Shares

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Time
Fund Summary The Fund is a property authorised investment fund (PAIF) and it is intended that it will remain as a PAIF at all times.The objective of the Fund is to provide a secure and stable investment return of income with some capital growth, primarily through acquiringcommercial freehold ground rents and commercial freehold property which benefit from long leases. It is intended that the assets targeted foracquisition by the Fund will offer a consistent income stream with capitalgrowth prospects.
SEDOL code BJJPTR8
ISIN GB00BJJPTR84
Fund code TMCPA
Managers Nigel Ashfield, Roger Skeldon
Manager Tenure Currently unavailable
Morningstar Category Property - Direct UK
Fund Size £383 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 1.345%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.336
Buy Price £1.336
Price Change +0.0075%
Price Date 23rd August 2019
Yield Currently unavailable
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 12th June 2014
Fund Status OPEN
Nigel joined Close Investments in 2001 having qualified as a chartered accountant with PricewaterhouseCoopers in 1999. Since 2006, he has sat on the Board of the Property team of Close Investments as Deputy Managing Director.

3-year Mean Monthly Return: 0.393%

Annual Returns 2018 2017 2016 2015 2014
Fund Performance +4.81% +4.78% +4.76% +8.80% +5.63%
Benchmark Performance
(Property - Direct UK)
+4.23% +7.65% -1.24% +7.39%
Time Period Cumulative Benchmark Performance
(Property - Direct UK)
Fund Compared to Benchmark
1 day 0.01% 0.00% +0.01%
1 week 0.06% +0.07% -0.01%
1 month 0.29% +0.17% +0.12%
3 months 1.19% +0.21% +0.98%
6 months 2.15% -0.15% +2.30%
1 year 4.57% +1.76% +2.81%
3 years 15.15% +10.02% +5.14%
5 years 32.43% +26.52% +5.91%
10 years Currently unavailable +84.93% Currently unavailable
YTD 2.61% +0.33% +2.28%
Since inception 33.60% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Commercial Property Asset 57 GBR 9.15%
Commercial Property Asset 43 GBR 4.29%
Commercial Property Asset 56 GBR 4.01%
Commercial Property Asset 52 GBR 3.43%
Commercial Property Asset 41 GBR 3.38%
Commercial Property Asset 62 GBR 2.70%
Commercial Property Asset 38 GBR 2.46%
Commercial Property Asset 22 GBR 2.30%
Commercial Property Asset 42 GBR 2.05%
Commercial Property Asset 54 GBR 2.02%
Dividend Date Per share amount Reinvestment Price
1st July 2019 0.0098 £1.3307
1st April 2019 0.0107
2nd January 2019 0.0123 £1.3024
1st October 2018 0.0237 £1.2867
4th April 2018 0.0258 £1.2552
31st October 2017 0.0250 £1.2317