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Property Income Fund

A sub fund of Aegon Asset Management UK Investment Portfolios ICVC

ISIN: GB00BK6MJB36 SEDOL: BK6MJB3

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Fund Price

Closure of funds

On 9 July Aegon AM (‘we/us’) confirmed that the Aegon Property Income Fund and the Aegon Property Income Feeder funds would close on 9 August 2021.

 

On closure we have initiated the process of making the first pro-rata distribution to shareholders, representing 44% of holdings, which will be paid on 12 August 2021. This is in line with the formal notice announcing the funds’ closure which was issued to shareholders on 9 July 2021. If we hold a shareholder’s bank account details then this distribution will be paid by bank transfer, otherwise a cheque will be issued and should arrive on or shortly after 12 August 2021. Contract notes detailing the amount to be paid will also be issued.

 

We will continue the process of selling the remaining properties in the Aegon Property Income Fund in a fair and orderly manner, aiming to return capital to shareholders in the funds as soon as is practicable, while optimising sale value. Further distributions will be made to shareholders on at least a quarterly basis from 9 August 2021 if enough properties have been sold in that period to enable us to make a material distribution.

 

A copy of the shareholder notice issued on 9 July and an updated Q&A document can be found in the document library at the bottom of this page.

 

Please note that the Annual Reports for these funds scheduled to be published on 31 July 2021 have been delayed and will be published in September 2021


For further information please contact our client management team by emailing wholesaleclientmanagement@aegonam.com. Alternatively, individual investors should contact their financial adviser or fund platform.

Fund price

Price

Frequency

Daily

Valuation Point

12:00:00

Central European Time, (GMT+01)

Fund details

Interactive map

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Properties

The Property Income Fund owns a diverse range of properties across the UK - use the filters below to view property types by sector, or pick a region on the map to find out more about the properties in that area.

Performance

Investors are invited to compare the Fund’s performance against the performance of other funds within Investment Association UK Direct Property Sector. Comparison of the Fund against this Sector will give investors an indication of how the Fund is performing compared with funds investing in a similar but not identical investment universe. The above comparison should be performed over at least a 7 year period (or period since inception) to provide the most useful long term comparison.

Source: Lipper, noon prices, GBP. Aegon Property Income Class B Gross Accumulation GBP, Figures are ‘percentage growth’ (%), total return net of annual management charge (single swinging priced funds, NAV to NAV) (dual priced funds, bid to bid). Kames Property Income Fund, B Gross (Acc) shares. Investment Association UK Direct Property Sector average source Lipper. The Fund was previously measured against a median of a bespoke group of peers.

Documents

Quick Access

All documents

Aegon Property Income Fund Shareholder Notice 9 July 2021.pdf

(173KB) PDF

Aegon Property Income Fund Q&A 9 Aug 2021.pdf

(254KB) PDF

Aegon Property Income Fund Interim Announcement June 2021.pdf

(141KB) PDF

27 April 2021 Fund Suspension Update..pdf

(170KB) PDF

30 March 2021 Fund Suspension Update.pdf

(170KB) PDF

2 March 2021 Fund Suspension Update.pdf

(168KB) PDF

2 February 2021 Fund Suspension Update.pdf

(168KB) PDF

5 January 2021 Fund Suspension Update.pdf

(170KB) PDF

8 December 2020 Fund Suspension Update.pdf

(301KB) PDF

11 November 2020 Fund Suspension Update.pdf

(301KB) PDF

14 October 2020 Fund Suspension Update.pdf

(171KB) PDF

16 September 2020 Fund Suspension Update.pdf

(143KB) PDF

19 August 2020 Fund suspension update

(138KB) PDF

1 July 2020 Fund suspension update.pdf

(142KB) PDF

24 July 2020 Fund suspension update.pdf

(144KB) PDF

3 June 2020 Fund suspension update.pdf

(143KB) PDF

6 May 2020 Fund suspension update.pdf

(222KB) PDF

24 April 2020 Distribution update.pdf

(220KB) PDF

9 April 2020 Fund suspension update.pdf

(221KB) PDF

17 March 2020 Fund suspension letter.pdf

(231KB) PDF

Fund suspension Q&A.pdf

(214KB) PDF

Value statement- Property Income Fund.pdf

(100KB) PDF

Aegon Property Income Feeder (Income) Fund Annual Report - 31 March 2020

(1.22MB) PDF

Aegon Property Income Feeder (Income) Fund Interim Report - 30 Sept 2020

(964KB) PDF

Aegon Property Income Fund Annual Report - 31 March 2020

(1.58MB) PDF

Aegon Property Income Fund Interim Report - 30 Sept 2020

(1019KB) PDF

Fund managers

Richard Peacock

Richard Peacock

Fund Manager, Property

Richard Peacock is a fund manager in the property team and co-manages the Aegon Property Income Fund.

Full profile
Karen Fox

Karen Fox

Fund Manager, Property

Karen Fox is fund manager in the property team and co-manages the Aegon Property Income Fund.

Full profile

Disclaimer

Past performance is not a guide to future performance. The fund is intended to be a long term investment and the principal risk is the loss of capital.

 

The value of investments and the income from them may go down as well as up and is not guaranteed. Outcomes, including the payment of income, are not guaranteed.

 

Any investment objective, benchmark and yield information should not be considered as an assurance or guarantee of the performance of the fund or any part of it.

 

Fund Charges are taken from capital, increasing distributions but constraining capital growth. Please be aware that each fund presents its own risk profile. Before making an investment decision, please read the KIID for an explanation and refer to the prospectus for information about all relevant risks, including all material risks for this fund. 

 

Aegon Asset Management is not responsible for the accuracy or completeness of the information supplied by Lipper. Aegon Asset Management neither warrants, represents nor guarantees the contents of the information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein.