Fund Information
History
- Fund launched August 1994 and managed by Asset Value Investors Ltd
- Investment Philosophy: "Growth at a discount"
- Weighting will be biased towards investment in the shares of property and property-related companies
Sector Overview
- General equity markets have enjoyed almost twenty years strong growth
- European property markets started to pick up off their lows in the mid '90's
- European property values per sq.m. low compared to UK and US
- Wide discounts on portfolio stocks.
Company Selection
Companies selected must have:
- Real Asset underpin
- Well located, well maintained property
- Good market knowledge
- Highly able management
