The collective fund of the 20/50 member syndicate will be invested in completed or near completed property with the ability to generate guaranteed income/open market income or a combination of both within three months of asset acquisition.  The guaranteed income periods are generally for a period of two to five years from outset.  It will be at the discretion of the property advisors to assess the open market benchmark yields at the end of the pre-determined period and determine the option thereon.

The objective of this fund will be to maximise income returns relative to the initial acquisition price, but with underlying capital growth.

The collective fund of the 20/50 member syndicate will invest in “off plan” property at commencement of or in the early stages of construction, with completion programmes within nineteen months of fund inception.  All property will have a pre-determined guaranteed rental period of two to five years from completion of the properties.

It is possible that because only deposits are required during the course of construction (balance of funds held in high interest bearing cash account) and because of the growth in value of “off plan” properties, this may well provide a higher capital growth yield in the early years.

 At the end of the pre-determined guaranteed rental period it will be at the discretion of the property advisors to assess the options to maximise income returns thereon.

The objective of this fund will be to provide capital growth over the medium term to long term and maximum income returns.

Existing investors already members of The Moderately Cautious Fund or The Balanced Fund, or indeed new investors, may wish to consider a more adventurous portfolio which includes an element of gearing (borrowing). This provides an opportunity to acquire a higher value initial stock portfolio and an emphasis on higher capital growth returns. Income generated will service the borrowings and ancillary costs for the term of the fund and any balance of borrowings will be discharged from the proceeds of the asset disposal at the end of ten years.

The level of gearing will be no more than 50% of the asset value and any annual surplus income will be held as cash assets and distributed to the individual S.I.P.P. accounts annually. The objective of this fund is to maximise capital growth over the medium to long term.