In a ground-breaking launch that effectively opened up a brand new investment area to UK investors, in June 2007 New Star unveiled the first UK retail 'bricks and mortar' commercial property fund targeting the asset class internationally. The fund offers investors powerful diversification and returns potential, including the prospect of regular income paid twice a year.

The New Star International Property Fund invests in commercial properties outside the UK, with the initial focus on Western Europe, Central Europe, Japan and the rest of Asia. The fund is managed by New Star's global property team, headed by Roger Dossett and including Stuart Webster, head of global property. They oversee an extensive, experienced team of specialists and external advisers, based around the world. In addition to managing the £380.58m* New Star International Property Fund and the £2.07bn* New Star UK Property Unit Trust, which invests in UK commercial property, the team manages more than $860m* of international property through a specialist institutional fund.

 

To request literature packs which include application forms and a simplified prospectus, simply call 0845 608 8701 (8.00am - 6.00pm Mon-Fri) or order online.

Platform and Fund Supermarkets

The New Star International Property is available through:
Cofunds, Legal & General, Skandia, Standard Life Fundzone, Transact, Friends Provident, FundsNetwork, Standard Life and Zurich Sterling.

*At 28.09.07

 

Fund facts (at 29 August 2008)
Fund size:	£675.96m
Launch date:	04.06.2007
Fund structure:	Non UCITS Retail Scheme (NURS), dual-priced OEIC, income shares
Base currency:	GBP
IMA sector:	Specialist
XD date:	1 April, 1 October
Income distributions:	Income distributed will be deemed as an interest distribution for UK tax purposes
Distribution date/income allocation date:	31 May, 30 November
Estimated yield:	Approximately 4% gross, may vary and is not guaranteed
SEDOL numbers:	B1VNM19 income
Bloomberg code:	NSTIPRP LN
Minimum lump sum:	£1,000
Minimum subsequent monthly payments:	£100
Regular payments (per month):	£100 (£50 per fund)
Initial charge:	5.00%
Annual charge:	1.75%

Past performance is not necessarily a guide to future performance.