Seven Dials European Property Fund
The Seven Dials European Property Fund is a fund of funds structured as an open ended collective investment scheme, investing in institutional grade property on a pan European basis.
In 2007, Seven Dials launched the fund which is designed to provide access to institutional-grade investments in a diversified portfolio of assets. By the end of 2007 the Fund had raised over €26m and invested in funds which invest in the Nordic Region and Germany providing access to over €1.5bn of commercial property assets.
Dealing suspension
On the 4th March 2009, the Manager of the Fund and the Directors decided to suspend redemptions of shares in the Fund. This follows the exceptional market conditions of the previous 18 months and the difficulty in realising assets in very illiquid markets. A full explanation is given in the Investor Letter, which is available for download below.
Download Aug 2010 Newsletter
Download May 2010 Newsletter
Download August Newsletter
Download Investor Letter re suspension of dealing
Download factsheet (1.3mb)
Download December Newsletter
Suitable for SIPPS and Offshore bonds
NAV History
Bid Price, €
|
A
|
B
|
C
|
R
|
P
|
| 30 June 2010* |
5.68 |
5.74 |
5.76 |
5.53 |
5.58 |
| 31 March 2010* |
6.14
|
6.19 |
6.22 |
5.97 |
6.02 |
| 31 December 2009* |
6.13 |
6.17 |
6.19 |
5.96 |
6.00 |
| 30 September 09* |
6.09 |
6.12 |
6.14 |
5.93 |
5.96 |
| 30 June 09* |
6.62 |
6.65 |
6.66 |
6.45 |
6.47 |
| 31 March 2009* |
7.14 |
7.16 |
7.17 |
6.97 |
6.98 |
| 31 December (xd) |
8.039 |
8.051 |
8.060 |
7.854 |
7.856 |
| 30 September |
9.68 |
9.71 |
9.72 |
9.45 |
9.46 |
| 30 June 2008 |
10.39 |
10.40 |
10.41 |
10.15 |
10.15 |
| 31 March 2008 |
9.96 |
9.99
|
10.01
|
9.73
|
9.74 |
| 31 December (xd) |
10.09 |
10.11
|
10.12
|
9.86
|
9.86
|
31 October 2007
|
|
|
|
10.00 |
10.00
|
30 September 2007
|
10.20 |
10.23
|
10.24
|
|
|
30 June 2007 (xd)
|
10.00 |
10.00
|
10.00
|
|
|
31 March 2007
|
9.95 |
9.96
|
9.96
|
|
|
2nd March 2007 (Launch)
|
10.00 |
10.00
|
10.00
|
|
|
*Indicative NAVs - Formal calculation of the NAVs has been suspended.
Dividends
cents per share
|
A
|
B
|
C
|
R
|
P
|
|
Six months ending
31 December 20081 |
8.6098 |
10.6848 |
11.3131 |
7.2094 |
9.1839 |
|
Six months ending
30 June 20082 |
12.7770 |
15.3600 |
16.1327 |
11.6217 |
13.6000 |
Six months ending
31 December 20073 |
1.4760
|
4.2401
|
4.7247
|
3.9138
|
4.8142
|
| Period ending 30 June 20074 |
3.278 |
4.896
|
5.366
|
|
|
|
1) xd 31 December 08, payable
29 February 2009 |
|
|
|
|
|
|
2) xd 30th June 08, payable
29 August 2008 |
|
|
|
|
|
3) xd 31 December 07, payable
29 February 2008
|
|
|
|
|
|
4) xd 29 June 2007, payable
31 August 2007
|
|
|
|
|
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Important information
This notice and documents are issued by Seven Dials Financial Limited which is authorised and regulated by the Financial Services Authority ('FSA'). The Seven Dials European Property Fund (the 'Fund') is categorised under the Financial Services and Markets Act 2000 ('the FSMA') as an 'Unregulated Collective Investment Scheme' ('UCIS') and the promotion of a UCIS either within the UK or from the UK is severely restricted by the FSMA. Consequently, this notice and document are only made available to Intermediate Customers and Market Counterparties as defined by the FSA, to persons falling within the Financial Services and Markets Act 2000 (Promotion of Collective Investments Schemes) (Exemptions) Order 2005 and to other lawful recipients. The distribution of this notice and the attached documents to any person in the United Kingdom not falling within one of the above categories is not permitted and may contravene FSMA. No person falling outside those categories should treat this notice or documents as constituting a promotion to him, or act on it for any purposes whatsoever. The unauthorised use, disclosure, copying or alteration of this notice is strictly forbidden.
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