Sarasin IE Sustainable Global Real Estate Equity (USD) P Acc GBP

As at 30 April 2020

Price£18.071
Last Price Date30 April 2020
Yield*2.52%
Fund Size€18.25m
ISINIE00B8HDLM64
Sedol code:B8HDLM6
CitiCodeGTWC

Fund Aim

The Fund seeks to achieve long-term growth through investment in the shares of global real estate companies and the global real estate investment trust markets with an overlay of sustainable criteria.

Fund Information

Fund Launch Date01 June 2006
Share Class Launch Date15 October 2012
Fund ManagersRaymond Lahaut (Lead Manager), Phil Collins (Deputy Manager)
BenchmarkS&P Dev Prop (Net TR)
SectorIA Property Other
Fund StructureUnit Trust
DomicileIreland
Investment Timeframe5 years
For Sale InUnited Kingdom, Guernsey, Ireland, Jersey, South Africa

Risk Profile

Lower riskHigher risk
Potentially lower rewardPotentially higher reward
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The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and return. It is based upon how the Fund has performed in the past and you should note that the Fund may well perform differently in the future. The risk category shown is not guaranteed and may shift over time.
The higher the rank the greater the potential reward but the greater the risk of losing money.
The Fund is ranked at 5 reflecting observed historical returns. The fund is in this category because it has shown higher levels of volatility historically.

Fund Charges

Initial ChargeNil
Ongoing charge (OCF)1.03%

Investment Limits

Minimum Investment€1,000

Awards and Ratings

3D Investing Ratingc92dedf0-4853-4619-be4b-cf2cb3ac55cf
MSCI Peer RatedRatingsLogo

*Historic Annual Gross Yield. There is no minimum investment period, though we would recommend that you view your investment as a medium to long term one (i.e. 5 to 10 years). The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. The Fund invests mainly in one geographic region or country, and also in one area of the market. It is therefore more vulnerable to the market sentiment of that specific geographic region or country, and area of the market. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. Property investments can be harder to buy and sell when compared to investments in fixed income securities and shares. There is a risk that a property held in the Fund’s portfolio could default on its rental payments. If significant numbers of investors withdraw their investments from the Fund at the same time, the manager may be forced to dispose of property investments. This may result in a less than favourable price being obtained in the market. The Fund invests mainly in one type of asset. It is therefore more vulnerable to the market sentiment of that specific type of asset. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. For efficient portfolio management the Fund may invest in derivatives. The value of these investments may fluctuate significantly, but the overall intention of the use of derivative techniques is to reduce volatility of returns. . Figures included in this document relate to the past. Past performance is not a reliable guide to future performance. When calculating performance, all the costs charged to the fund were included to give the net performance. Performance was calculated in Stg terms on a net asset value basis and gross dividends reinvested. Additional commissions, costs and taxes charged at the investor level have a negative impact of performance. Source for performance figures: Sarasin & Partners and FE. Please remember that you should not base decisions on past performance and that the prices may fluctuate and you may not get back your original investment. Past performance is not a reliable guide to future performance. Details of the fund’s Synthetic Risk and Return Indicator and further details of the risks can be found in the Prospectus and Key Investor Information document available from www.sarasinandpartners.com. Overseas shares and bonds may be affected by currency exchange rates. The source for the annualised volatility measurement is FE and this measurement is expressed using the standard deviation of the Fund’s Stg monthly returns over the most recent 36 month period. This is not the only method of calculating volatility and other methods may produce different results. The yields quoted have been calculated using price information as at the date of publication. They are not guaranteed.

Performance Chart as at 30 April 2020

ResetPerformance line chart
Powered by data from FE fundinfo
1M3M6M1Y3Y5YSince launch
Fund8.49%-14.58%-15.27%-11.55%-5.23%14.19%58.67%
Benchmark5.43%-19.21%-20.55%-12.90%-2.44%21.60%65.86%

Annualised Growth Rate as at 30 April 2020

1Y (ann)3Y (ann)5Y (ann)Since launch (ann)
Fund-11.55%-1.78%2.69%6.31%
Benchmark-12.90%-0.82%3.99%6.94%

Discrete Performance as at 31 March 2020

0-12M12-24M24-36M36-48M48-60M
Fund-20.02%14.41%-6.31%15.70%0.99%
Benchmark-18.59%19.80%-7.10%17.03%4.09%

Income Distributions

Dividend XD Dates01 January, 01 July
Dividend Pay Dates27 January, 27 July
Dividends per Annum2

Performance is provided net of fees. Past performance is not a reliable guide to future performance. Performance is calculated in GBP on the basis of net asset values (NAV) and gross dividends reinvested. Source: Sarasin & Partners LLP and Financial Express. Annualised Growth Rate (AGR) is the increase or decrease in value of an investment, expressed as a percentage per year. The source for the annualised volatility measurement is Financial Express and this measurement is expressed using the standard deviation of the Fund's UK Stg monthly returns over the most recent 36 month period. Benchmark: S&P Developed Property Net Total Return implemented September 2011. No representative benchmark available prior to 2007. The benchmark of this fund has changed over time. Please visit www.sarasinandpartners.com/docs/global/benchmarkhistory for a full history. Prior to 28th November 2016, the Fund was named Sarasin IE Sustainable Equity - Real Estate Global Fund. *Accumulation Dividends are reinvested back into the fund, Income units are paid out to investors.

*Historic Annual Gross Yield. There is no minimum investment period, though we would recommend that you view your investment as a medium to long term one (i.e. 5 to 10 years). The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. The Fund invests mainly in one geographic region or country, and also in one area of the market. It is therefore more vulnerable to the market sentiment of that specific geographic region or country, and area of the market. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. Property investments can be harder to buy and sell when compared to investments in fixed income securities and shares. There is a risk that a property held in the Fund’s portfolio could default on its rental payments. If significant numbers of investors withdraw their investments from the Fund at the same time, the manager may be forced to dispose of property investments. This may result in a less than favourable price being obtained in the market. The Fund invests mainly in one type of asset. It is therefore more vulnerable to the market sentiment of that specific type of asset. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. For efficient portfolio management the Fund may invest in derivatives. The value of these investments may fluctuate significantly, but the overall intention of the use of derivative techniques is to reduce volatility of returns. . Figures included in this document relate to the past. Past performance is not a reliable guide to future performance. When calculating performance, all the costs charged to the fund were included to give the net performance. Performance was calculated in Stg terms on a net asset value basis and gross dividends reinvested. Additional commissions, costs and taxes charged at the investor level have a negative impact of performance. Source for performance figures: Sarasin & Partners and FE. Please remember that you should not base decisions on past performance and that the prices may fluctuate and you may not get back your original investment. Past performance is not a reliable guide to future performance. Details of the fund’s Synthetic Risk and Return Indicator and further details of the risks can be found in the Prospectus and Key Investor Information document available from www.sarasinandpartners.com. Overseas shares and bonds may be affected by currency exchange rates. The source for the annualised volatility measurement is FE and this measurement is expressed using the standard deviation of the Fund’s Stg monthly returns over the most recent 36 month period. This is not the only method of calculating volatility and other methods may produce different results. The yields quoted have been calculated using price information as at the date of publication. They are not guaranteed.

As at 30 April 2020

Geographic Allocation (%)

Breakdown donut chart
United States46.3%
Europe Ex-UK24.7%
Japan13.8%
Hong Kong8.1%
Australia5.1%
Singapore2.0%

Industrial Sector Allocation (%)

Breakdown donut chart
Diversified26.6%
Residential23.9%
Office15.5%
Industrial14.8%
Specialized9.4%
Retail6.4%
Health Care3.3%

Top Holdings (%)

Name
Weight
PROLOGIS INC
8.7%
EQUINIX INC
5.9%
MITSUBISHI ESTATE CO LTD
5.1%
GOODMAN GROUP
4.6%
CK ASSET HOLDINGS LTD
4.2%
Name
Weight
MITSUI FUDOSAN CO LTD
4.1%
DEUTSCHE WOHNEN SE
4.0%
ALEXANDRIA REAL ESTATE EQUITIES
3.5%
AVALONBAY COMMUNITIES INC
3.5%
LEG IMMOBILIEN AG
3.2%

*Historic Annual Gross Yield. There is no minimum investment period, though we would recommend that you view your investment as a medium to long term one (i.e. 5 to 10 years). The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. The Fund invests mainly in one geographic region or country, and also in one area of the market. It is therefore more vulnerable to the market sentiment of that specific geographic region or country, and area of the market. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. Property investments can be harder to buy and sell when compared to investments in fixed income securities and shares. There is a risk that a property held in the Fund’s portfolio could default on its rental payments. If significant numbers of investors withdraw their investments from the Fund at the same time, the manager may be forced to dispose of property investments. This may result in a less than favourable price being obtained in the market. The Fund invests mainly in one type of asset. It is therefore more vulnerable to the market sentiment of that specific type of asset. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. For efficient portfolio management the Fund may invest in derivatives. The value of these investments may fluctuate significantly, but the overall intention of the use of derivative techniques is to reduce volatility of returns. . Figures included in this document relate to the past. Past performance is not a reliable guide to future performance. When calculating performance, all the costs charged to the fund were included to give the net performance. Performance was calculated in Stg terms on a net asset value basis and gross dividends reinvested. Additional commissions, costs and taxes charged at the investor level have a negative impact of performance. Source for performance figures: Sarasin & Partners and FE. Please remember that you should not base decisions on past performance and that the prices may fluctuate and you may not get back your original investment. Past performance is not a reliable guide to future performance. Details of the fund’s Synthetic Risk and Return Indicator and further details of the risks can be found in the Prospectus and Key Investor Information document available from www.sarasinandpartners.com. Overseas shares and bonds may be affected by currency exchange rates. The source for the annualised volatility measurement is FE and this measurement is expressed using the standard deviation of the Fund’s Stg monthly returns over the most recent 36 month period. This is not the only method of calculating volatility and other methods may produce different results. The yields quoted have been calculated using price information as at the date of publication. They are not guaranteed.

Fund Managers

Raymond Lahaut
Raymond Lahaut
Lead Manager
Raymond is primarily responsible for the management of the Listed Global Real Estate Funds and mandates and has over 18 years of investment experience. Prior to joining Sarasin & Partners in 2018, he worked in London for Thames River Capital LLP and Portland Capital LLP. Raymond has also worked in Switzerland and the Netherlands.
Phil Collins
Phil Collins
Deputy Manager
Phil has more than 30 years’ investment experience. Prior to joining Sarasin & Partners in 2013, he worked at Newton Investment Management, where he was Chief Investment Officer of the private clients and charities division. He also established and managed the Newton Phoenix range of funds which enjoyed strong performance and won a number of awards. Before joining Newton, Phil held investment management roles at Capital House & Leopold Joseph.

*Historic Annual Gross Yield. There is no minimum investment period, though we would recommend that you view your investment as a medium to long term one (i.e. 5 to 10 years). The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. The Fund invests mainly in one geographic region or country, and also in one area of the market. It is therefore more vulnerable to the market sentiment of that specific geographic region or country, and area of the market. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. Property investments can be harder to buy and sell when compared to investments in fixed income securities and shares. There is a risk that a property held in the Fund’s portfolio could default on its rental payments. If significant numbers of investors withdraw their investments from the Fund at the same time, the manager may be forced to dispose of property investments. This may result in a less than favourable price being obtained in the market. The Fund invests mainly in one type of asset. It is therefore more vulnerable to the market sentiment of that specific type of asset. This type of fund can carry a higher risk and can experience larger than average price fluctuations when compared to a fund with a broader investment universe. For efficient portfolio management the Fund may invest in derivatives. The value of these investments may fluctuate significantly, but the overall intention of the use of derivative techniques is to reduce volatility of returns. . Figures included in this document relate to the past. Past performance is not a reliable guide to future performance. When calculating performance, all the costs charged to the fund were included to give the net performance. Performance was calculated in Stg terms on a net asset value basis and gross dividends reinvested. Additional commissions, costs and taxes charged at the investor level have a negative impact of performance. Source for performance figures: Sarasin & Partners and FE. Please remember that you should not base decisions on past performance and that the prices may fluctuate and you may not get back your original investment. Past performance is not a reliable guide to future performance. Details of the fund’s Synthetic Risk and Return Indicator and further details of the risks can be found in the Prospectus and Key Investor Information document available from www.sarasinandpartners.com. Overseas shares and bonds may be affected by currency exchange rates. The source for the annualised volatility measurement is FE and this measurement is expressed using the standard deviation of the Fund’s Stg monthly returns over the most recent 36 month period. This is not the only method of calculating volatility and other methods may produce different results. The yields quoted have been calculated using price information as at the date of publication. They are not guaranteed.