GemCap Investment Funds (Ireland) plc - Third Avenue Real Estate Value Fund A1 USD Acc

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
GemCap Investment Funds (Ireland) plc - Third Avenue Real Estate Value Fund A1 USD Acc
Fund11.8-15.015.0-11.421.4
+/-Cat8.7-12.8-2.0-2.61.9
+/-B’mrk6.7-15.3-3.80.53.0
 
Key Stats
NAV
20/09/2021
 USD 64.15
Day Change -1.82%
Morningstar Category™ Property - Indirect Global
ISIN IE00B57HGY48
Fund Size (Mil)
20/09/2021
 USD 115.77
Share Class Size (Mil)
20/09/2021
 USD 12.45
Max Initial Charge 5.00%
Ongoing Charge
18/02/2021
  1.60%
Investment Objective: GemCap Investment Funds (Ireland) plc - Third Avenue Real Estate Value Fund A1 USD Acc
The Fund seeks to achieve its objective by investing its assets primarily in securities of real estate and real estate-related companies, or in companies which own significant real estate assets at the time of investment or in real estate investment trusts (“real estate companies”). These securities will primarily be equity securities (which may include both common and preferred stocks, and convertible securities) of well-financed real estate companies (meaning companies believed to be without significant liabilities in comparison to their liquid resources). The Fund seeks to acquire these securities at a discount to what the Investment Manager believes is their intrinsic value. The Fund may also invest a portion of its assets in debt securities (which may include high-yield, distressed and mortgage-backed securities) of real estate companies that the Investment Manager believes have above-average yield potential.
Returns
Trailing Returns (GBP)20/09/2021
YTD17.18
3 Years Annualised1.75
5 Years Annualised3.12
10 Years Annualised9.01
12 Month Yield 0.00
Management
Manager Name
Start Date
Jason Wolf
31/03/2009
Inception Date
31/03/2009
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE EPRA Nareit Developed TR EURFTSE EPRA Nareit Global TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNo
OtherNot Specific
Portfolio Profile for  GemCap Investment Funds (Ireland) plc - Third Avenue Real Estate Value Fund A1 USD Acc31/07/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock94.890.0094.89
Bond0.000.000.00
Property0.000.000.00
Cash3.420.003.42
Other1.700.001.70
Top 5 Regions%
United States58.97
United Kingdom19.10
Asia - Developed12.33
Canada7.57
Eurozone1.26
Top 5 Sectors%
Real Estate70.85
Consumer Cyclical15.37
Financial Services9.57
Industrials4.21
Top 5 HoldingsSector%
Five Point Holdings LLC AReal EstateReal Estate7.66
Brookfield Asset Management Inc ... Financial ServicesFinancial Services7.19
Lennar Corp Class BConsumer CyclicalConsumer Cyclical6.14
Prologis IncReal EstateReal Estate5.24
CK Asset Holdings LtdReal EstateReal Estate5.21
GemCap Investment Funds (Ireland) plc - Third Avenue Real Estate Value Fund A1 USD Acc

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