Investment Strategy

The majority of APF’s assets are intended to be invested in UK residential and commercial property but it is likely that the Fund will also invest to a lesser degree in development opportunities, strategic investment land, property development and real estate related planning opportunities or property related companies from time to time.

The Manager periodically obtains a valuation of the fund’s property assets from a valuation agent that is required to be an independent firm that is authorised by the Royal Institution of Chartered Surveyors (RICS). The fund is valued on a monthly basis using the most recent RICS valuation, which is adjusted by a blend of the Nationwide and Halifax House Price Indices with the aim of delivering a regular share price that accurately reflects the current market value of the property portfolio.

The Fund may also hold other investments including cash and near-cash assets, as well as investments in property or other asset classes by holding units, shares or notes issued from other Collective Investment Schemes, securitisations and listed securities.