Description: The objective of this Sub-fund is to follow as consistently as possible the performance of the FTSE EPRA/NAREIT Developed Index and to minimize the difference between its performance and that of the Index.The Sub-fund aims to achieve a level of tracking error whereby the annual variability of the difference in returns between the performance of the sub-fund and its index will not normally exceed 2 %. On a daily basis, the manager aims to maintain the tracking error under 0.5 %.
Exchange: LSE
Country: UK : United Kingdom
Currency: Pence sterling (p)
Category: Property - Indirect Global
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 61.46 | 0.00 | 61.46 |
| Stock non-US | 36.48 | 0.09 | 36.38 |
| Cash | 32.03 | 30.79 | 1.24 |
| Other | 0.99 | 0.00 | 0.98 |
| Bond | 0.00 | 0.07 | -0.06 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Real Estate | 99.27 | 99.31 |
| Consumer Cyclicals | 0.73 | 0.46 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 65.51 | 65.52 |
| Japan | 11.22 | 9.79 |
| Asia Developed | 8.74 | 7.02 |
| Europe Developed | 7.60 | 9.37 |
| Australasia | 3.76 | 4.04 |
| United Kingdom | 2.92 | 4.02 |
| Africa/Middle East | 0.25 | 0.13 |
| Asia Emerging | 0.00 | 0.06 |
| Latin America | 0.00 | 0.04 |