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


Investment Trust Report

Real Estate Credit Investments Limited RECI

Last Price
GBX164.00

Day Change
-3.00|-1.80%

As of 20/09/2019
17:47:00 BST | GBX
Minimum 15 Minutes Delay.

Last Close167.00
Day Range164.00 - 168.68
52-Wk Range162.00 - 176.00
Mkt Cap Mil326.69
Yield %7.32
Estimated Nav162.20
Premium %1.11
12M Avg Prem %2.49
Last Actual NAV168.20
Last NAV Date30/06/2019

Share Price Performance (GBP)

Key Statistics (GBP)
Total Assets354.308m
Net Assets323.108m
Market Capitalisation326.694m
Gross Gearing10%
Net Gearing0%
Average Daily Shares Traded (1 Yr)0.159m
Average Daily Value Traded (1 Yr)0.266m
Ongoing Charge (2019)1.69%
DomicileGuernsey
Legal StructureClosed End Fund
Traded CurrencyGBP
ISINGB00B0HW5366
Launch Date13 Dec 2005
Financial Year EndMar 2020
Next AGMSep 2019
NAV FrequencyMonthly
Dividend Frequency
Valuation Statistics
 20/09/20191 Yr High1 Yr Low
Price164.00175.50163.00
NAV*162.20168.20162.20
Discount/Premium1.116.23-2.26
Category Discount---
Z-Statistics (1Yr)-2.28  

Total Returns (GBP) 20/09/2019

 Chg (%)  
More ...
Price-0.61 
NAV0.00
 
Latest Dividends
TypeDividendEx-Dividend DateFinancial Year
Income3.000022/08/20192020
Income3.000004/07/20192019
Income3.000007/03/20192019
Income3.000013/12/20182019
Income3.000023/08/20182019
Director Dealings
TradedActionNotifierPriceAmountValue
05/07/2019PurchaseMr. Bob Cowdell168.9926,00043,937.00
29/05/2019PurchaseMr. John Edward Hallam170.0020,00034,000.00

Morningstar Rating™

Not Rated

Morningstar® Category

Other

Benchmarks

Morningstar® Benchmark

ICE BofAML US Mortgage Backed Securities
Fund Structure
Share Type# of Shares
Ordinary Share199.204m

Investment Objective

The investment objective of the Company is to provide Ord Shareholders with attractive and stable returns, primarily in the form of quarterly dividends, by exposure to a diversified portfolio of real estate credit investments, predominantly comprising real estate loans and bonds. The Company invests and will continue to invest in real estate credit secured by commercial or residential properties in the UK and Western Europe. The Company may take different forms: (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
Daniel Schuldes31/03/2018
Arron Taggart31/03/2018
Rafael Smadja31/03/2018
Sa’ad Malik31/03/2018

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.
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