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Target Healthcare REIT plc (THRL) Ord 1p

Sell:114.40p Buy:114.80p 0 Change: 0.20p (0.17%)
Market closed Prices as at close on 24 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:114.40p
Buy:114.80p
Change: 0.20p (0.17%)
Market closed Prices as at close on 24 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:114.40p
Buy:114.80p
Change: 0.20p (0.17%)
Market closed Prices as at close on 24 June 2021 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Group has a straightforward investment strategy to provide stable and sustainable dividend income to investors from a carefully-selected portfolio of modern care homes, diversified by tenant, geography and end-user payment profile.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

NAV up to and including GBP 500m, the annual management fee is 1.05% Above GBP 500m and up to and including GBP 750m, fee is 0.95% Above GBP 750m and up to and including GBP 1bn, fee is 0.85% Above GBP 1bn and up to and including GBP 1.5bn, fee is 0.75% Above GBP 1.5bn, fee is 0.65%. No performance fee. The contract is terminable on 24 months notice.

Dividend Policy

Subject to market conditions and the performance of the Company, financial position and financial outlook, it is the intention of the Directors is to pay an attractive level of dividend income to shareholders on a quarterly basis. In order to ensure that the Company continues to pay the required level of distribution to maintain Group REIT status and to allow consistent dividends to be paid on a regular quarterly basis, the Board intends to continue to pay all dividends as interim dividends. The Company does not therefore announce a final dividend. The Board believes this policy remains appropriate to the circumstances of the Group and is in the best interests of shareholders.

ASSET SPLIT

Total number of holdings: 8.

Trust Manager

Kenneth MacKenzie

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Malcolm NaishChairman, Thomas Hutchison, June Andrews, Gordon Coull, Alison Fyfe

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.