Bringing you live news and features since 2006 

Hearthstone Investments launches RDR-ready share classes in UK residential property

RELATED TOPICS​

Hearthstone Investments has launched new retail share classes in its Property Authorised Investment Fund (PAIF) which are fully RDR compliant.

These are available to retail investors via third parties including intermediaries, institutions, platforms and their nominees.
 
Two new “unbundled” retail share classes (gross and net) have been launched which each carry competitive residential property fund pricing and features as follows:
 
 • 0.9 per cent annual management charge
 • No initial setup charge
 • Minimum investment of GBP1,000
 • Subscriptions available daily
 • Redemptions available daily
 • Special terms available to retail investors with GBP100,000 or more to invest
 
The new share classes are additional to the existing pre RDR retail (gross and net) and institutional (gross and net accumulation and net income) share classes.
 
Mark Forman (pictured), distribution director at Hearthstone Investments, says: “As RDR gets underway, we are very pleased to launch fully RDR compliant new share classes in the Hearthstone Investments PAIF, which is a unique residential property investment fund. The new share classes complement our existing retail and institutional share classes and mean we offer a full and unique investment option into the UK residential property sector.”

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by