The fund invests at least 75% of its NAV in global listed equities of issuers operating in the real estate sector
Sanlam UK has expanded its fund range available to UK investors with the addition of the Catalyst Global Real Estate fund, a Dublin-domiciled UCITS product.
The fund offers “diversified global listed real estate exposure across regions, countries, currencies and real estate sub-sectors” and seeks to provide investors with positive income and capital returns over the medium to long term.
Managed By Jamie Boyes and launched in 2007, the $310m fund, according to its most recent factsheet, must invest at least 75% of its net asset value (NAV) in “global listed equities of issuers operating in the real estate sector”.
Up to 25% of the fund’s NAV may be held in cash or fixed, 10% of which may also be invested in open-ended collective investment schemes, including UCITS.
To date, the fund has never held more than 5% in cash or fixed income and currently 95% of its NAV is invested in global listed real estate securities.
The fund will be available to investors with a management fee of 0.75% and ongoing charges