TR Property Investment Trust


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About TR Property Investment Trust

The Company seeks to achieve its objective by investing in shares and securities of property companies and property related businesses on an international basis, although, with a Pan-European benchmark, the majority of the investments will be located in that geographical area. The Company also invests in investment property located in the UK only.

15.33%
TR Property Ord 3 year Return
Manager : BMO

Fund Objective

The Company seeks to achieve its objective by investing in shares and securities of property companies and property related businesses on an international basis, although, with a Pan-European benchmark, the majority of the investments will be located in that geographical area. The Company also invests in investment property located in the UK only.

Fund Manager

Alban Lhonneur

Since: 2008-08-01

Biography:Alban joined the company in July 2008. He is the lead fund manager of BMO Real Estate Equity Market Neutral Fund and BMO European Real Estate Securities Fund, and co-manager of the BMO Global Real Estate Securities Fund and BMO Property Growth & Income Fund. He was previously at Citigroup Global Markets as an equity research analyst focusing on continental European real estate. Prior to that he was at Société Générale Securities, where he focused on transport equity research. He completed a BSc Business and Management programme at ESC Toulouse, including one year at the Brunel University, School of Business Management in London. He also attended CERAM Nice High Business School. In 2005 he obtained a post-graduate Specialised Master in Finance in 2005 from ESCP-EAP.

Fund Manager

Jo Elliott

Since: 2018-03-31

Biography:Jo has been Finance Manager since 1995, first at Henderson Global Investors then, since January 2005, at Thames River Capital (now part of BMO Global Asset Management), when she joined as CFO for the property team. She joined Henderson Investors in 1995, where she most recently held the position of Director of Property, Finance & Operations, Europe. Previously she was Corporate Finance Manager with London and Edinburgh Trust plc and prior to that was an investment/treasury analyst with Heron Corporation plc. Jo has a BSc (Hons) in Zoology from the University of Nottingham and qualified as a Chartered Accountant with Ernst & Young in 1989.

Fund Manager

George Gay

Since: 2008-08-01

Biography:Gay is chief operating officer with First Affirmative Financial Network. Prior to joining the company as a financial planner in 1986, he was a chief resource-management officer in Fort Carson, Colorado for 12 years. He looks for growth at a reasonable price, seeking a balance of established stocks and emerging services and technologies. A Certified Financial Planner, Gay majored in national security and public affairs at West Point.

Fund Manager

Marcus Phayre-Mudge

Since: 2011-03-31

Biography:Marcus Phayre-Mudge joined the company in October 2004 and is a fund manager and head of our Real Estate Securities team. Prior to joining, Marcus was a partner at Thames River Capital (now part of BMO Global Asset Management). He was at Henderson Global Investors from 1997 to 2004. He manages the TR Property Investment Trust, the largest European closed-ended real estate equity Investment Trust as well as co-managing BMO Property Growth & Income Fund (which he launched in 2005) and the BMO Global Real Estate Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank (1990) and was made an Associate Partner in the fund management division (1995). He qualified as a Chartered Surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.

Quick Stats

City Code (Symbol) TRY Legal Structure Closed Ended Investment Company Fund Currency GBP
ISIN Code GB0009064097 Fund Size 1,134.705M Price Date
Sector Property - Indirect Europe Valor Code 000409946 Pricing Freq DAY
Bid Price 357.50 Mid Price 357.50 Offer Price 357.50
Benchmark - Yield 3.39 % Launch Date 1905-05-05
Domicile United Kingdom Type Income ISA NO

Purchase & Other Information

Ongoing Charges 0.61000 % at 2020-03-31
Complaint Reporting Fund Status , UCITS IV Compliant,
Dividend Dates -
For Sale In Germany , United Kingdom , France , Sweden , Belgium , Norway , Spain , Switzerland , Finland , Netherlands ,

Top Holdings As At July 31, 2020

Rank Name % Weighting
1 Vonovia SE 13.74 %
2 *Ppty* 7.61 %
3 LEG Immobilien AG 6.68 %
4 Argan 4.81 %
5 Gecina Nom 4.37 %
6 Segro PLC 3.92 %
7 Deutsche Wohnen SE 3.51 %
8 Safestore Holdings PLC 3.38 %
9 Aroundtown SA 3.01 %
10 UNITE Group PLC 2.97 %

Asset Weightings As At July 31, 2020

Rank Name % Weighting
1 Cash -16.17 %
2 Other 7.93 %
3 Stock 108.25 %

Sector Weightings As At July 31, 2020

Rank Name % Weighting
1 Consumer Cyclical 0.43 %
2 Financial Services 1.45 %
3 Real Estate 105.95 %

Dividend Calendar

Type Dividend Ex-Dividend Date Financial Year
Income 8.8 2020-06-18 2020
Income 5.2 2019-12-05 2020
Income 8.6 2019-06-20 2019
Income 4.9 2018-11-29 2019
Income 7.55 2018-06-21 2018
Price: 357.50p

52wk high/low: 497.50/217.50

NAV:  419.4620
Current Yield:  3.39 %
Sector: Property - Indirect Europe

Location(s): Germany, United Kingdom, France, Sweden, Belgium, Norway, Spain, Switzerland, Finland, Netherlands
6.61%

F&C Investment Trust ( FCIT)

 
Category - Global Large-Cap Blend Equity

 
Viewed 10 Times This Week
SEE FUND DETAILS
15.33%

TR Property Investment Trust ( TRY)

 
Category - Property - Indirect Europe

 
Viewed 5 Times This Week
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5.68%

BMO Global Equity Fund 2 Acc ( N/A)

 
Category - Global Large-Cap Blend Equity

Category Benchmark - MSCI World Index TR
 
Viewed 6 Times This Week
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1.85%

BMO MM Lifestyle 5 Fund A Acc ( N/A)

 
Category - GBP Moderate Allocation

 
Viewed 4 Times This Week
SEE FUND DETAILS
-2.81%

BMO MM Navigator Distribution Fund A Acc ( N/A)

 
Category - GBP Moderate Allocation

Category Benchmark - IA Mixed 20-60% Shares Sector
 
Viewed 6 Times This Week
SEE FUND DETAILS
-0.58%

BMO MM Navigator Cautious Fund A Acc ( N/A)

 
Category - GBP Moderate Allocation

Category Benchmark - IA Mixed 20-60% Shares
 
Viewed 4 Times This Week
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8.94%

BMO Overseas Equity-Linked UK Inflation Fund 3 Acc ( N/A)

 
Category - Other Allocation

 
Viewed 8 Times This Week
SEE FUND DETAILS
-0.53%

BMO Property Growth & Income Feeder Fund Limited B Acc EUR ( N/A)

 
Category - Property - Indirect Other

Category Benchmark - IPD Monthly Balanced Index
 
Viewed 8 Times This Week
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13.88%

BMO Responsible Global Equity Fund 1 Inc ( N/A)

 
Category - Global Large-Cap Growth Equity

 
Viewed 5 Times This Week
SEE FUND DETAILS
1.22%

BMO Responsible UK Equity Fund 1 Inc ( N/A)

 
Category - UK Flex-Cap Equity

Category Benchmark - FTSE All-Share Index
 
Viewed 3 Times This Week
SEE FUND DETAILS
-1.48%

BMO Responsible UK Income Fund 1 Acc ( N/A)

 
Category - UK Equity Income

Category Benchmark - FTSE All-Share Index
 
Viewed 6 Times This Week
SEE FUND DETAILS
-0.9%

European Assets Trust PLC ( EAT)

 
Category - Europe ex-UK Small/Mid-Cap Equity

 
Viewed 7 Times This Week
SEE FUND DETAILS
-2.21%

BMO Capital and Income Investment Trust Plc ( BCI)

 
Category - UK Large-Cap Equity

 
Viewed 6 Times This Week
SEE FUND DETAILS
-21.37%

BMO Commercial Property Trust ( BCPT)

 
Category - Property - Direct UK

Category Benchmark - IPD UK All Property
 
Viewed 4 Times This Week
SEE FUND DETAILS
6.64%

BMO Select European Equity Fund 3 Acc ( N/A)

 
Category - Europe ex-UK Equity

Category Benchmark - FTSE AW Developed Europe ex UK
 
Viewed 7 Times This Week
SEE FUND DETAILS
-1.77%

BMO FTSE All-Share Tracker Fund 3 Inc ( N/A)

 
Category - UK Large-Cap Equity

Category Benchmark - FTSE All-Share Index Total Return
 
Viewed 5 Times This Week
SEE FUND DETAILS
3%

BMO Global Convertible Bond Fund A Inc EUR ( N/A)

 
Category - Convertible Bond - Global

Category Benchmark - Thomson Reuters Global Focus Customised
 
Viewed 4 Times This Week
SEE FUND DETAILS
0.12%

BMO Global Smaller Companies Plc ( BGSC)

 
Category - Global Small-Cap Equity

 
Viewed 4 Times This Week
SEE FUND DETAILS
-13.86%

BMO LGM Frontier Market Fund B USD Acc ( N/A)

 
Category - Global Frontier Markets Equity

 
Viewed 6 Times This Week
SEE FUND DETAILS
0.82%

BMO LGM Global Emerging Markets Growth and Income Fund B USD Acc ( N/A)

 
Category - Global Emerging Markets Equity

Category Benchmark - MSCI Emerging Markets
 
Viewed 4 Times This Week
SEE FUND DETAILS
0.64%

BMO UK Property Fund 2 Inc ( N/A)

 
Category - Property - Direct UK

Category Benchmark - IA UK Direct Property Median
 
Viewed 7 Times This Week
SEE FUND DETAILS
0.03%

BMO UK Property Feeder Fund 1 Inc ( N/A)

 
Category - Property - Direct UK

Category Benchmark - IA UK Direct Property Median
 
Viewed 4 Times This Week
SEE FUND DETAILS
1.12%

Pyrford Global Total Return (Sterling) Fund Class A Stg£ Accumulating ( N/A)

 
Category - GBP Moderately Cautious Allocation

Category Benchmark - MSCI World Index
 
Viewed 3 Times This Week
SEE FUND DETAILS