Real Estate Credit Investments Ord (LSE:RECI) - Investment trust price - Overview

Investment Trust Report

Real Estate Credit Investments Limited RECI

Last Price
GBX171.71

Day Change
0.21|0.12%

As of 22/02/2019
10:54:46 GMT | GBX
Minimum 15 Minutes Delay.

Last Close171.50
Day Range171.71 - 171.79
52-Wk Range158.00 - 175.00
Mkt Cap Mil262.95
Yield %7.00
Estimated Nav164.50
Premium %4.26
12M Avg Prem %1.46
Last Actual NAV164.50
Last NAV Date31/01/2019

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets283.414m
Net Assets252.214m
Market Capitalisation262.946m
Gross Gearing112%
Net Gearing106%
Average Daily Shares Traded (1 Yr)0.159m
Average Daily Value Traded (1 Yr)0.266m
Ongoing Charge (2018)1.74%
DomicileGuernsey
Legal StructureClosed End Fund
Traded CurrencyGBP
ISINGB00B0HW5366
Launch Date13 Dec 2005
Financial Year EndMar 2019
Next AGMSep 2019
NAV FrequencyMonthly
Dividend FrequencyNone
Valuation Statistics
 21/02/20191 Yr High1 Yr Low
Price171.50174.50159.00
NAV*164.50167.80161.80
Discount/Premium4.267.19-3.05
Category Discount---
Z-Statistics (1Yr)1.72  

Total Returns (GBP) 21/02/2019

 Chg (%)  
More ...
Price2.08 
NAV0.86
Cat Price-0.96
Cat NAV0.37
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income3.000013/12/20182019
Income3.000023/08/20182019
Income3.000028/06/20182018
Income3.000001/03/20182018
Income3.000014/12/20172018
Director Dealings
TradedActionNotifierPriceAmountValue
25/06/2018PurchaseMrs. Sally-Ann Farnon166.3318,00029,940.00

Morningstar Rating™

Not Rated

Morningstar® Category

Other

Benchmarks

Morningstar® Benchmark

ICE BofAML US Mortgage Backed Securities
Fund Structure
Share Type# of Shares
Ordinary Share153.321m

Investment Objective

The objective is to provide Ords with exposure to a diversified portfolio of Real Estate Credit Investments. The company invests in real estate credit secured by commercial or residential properties in Western Europe. The Real Estate Credit Investments may take different forms but are likely to be: (i) secured real estate loans, debentures or any other forms of debt instruments. Individual Secured Debt investments will have a weighted average life profile ranging from six months to 15 years. Investments in Secured Debt will also be directly or indirectly secured by one or more commercial or residential properties; (ii) listed debt securities and securitised tranches of real estate related debt securities; (iii) other direct or indirect opportunities, including equity participations in real estate.
Managers
Richard Lang25/06/2007
Ravi Stickney19/10/2015

Directors

Bob Cowdell, Sally-Ann Farnon, John Hallam, Graham Harrison
Fund prices are updated every weekday after the close of trading and before 11 p.m. wherever possible. All figures are as at Last Close, on a cum income basis with debt valued at fair and in traded currency unless otherwise stated (we do not fair value debt for split capital trusts). Performance returns are presented in British Pounds (GBP) and calculated on a capital only basis with debt valued at par.
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2019 Morningstar. All rights reserved.