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Target Healthcare REIT plc (THRL) Ord 1p

Sell:82.60p Buy:83.00p 0 Change: 1.20p (1.46%)
FTSE 250:0.25%
Market closed |  Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:82.60p
Buy:83.00p
Change: 1.20p (1.46%)
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
Market closed |  Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:82.60p
Buy:83.00p
Change: 1.20p (1.46%)
Market closed |  Prices as at close on 20 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Deal now Deal for just £11.95 per trade in a Stocks and Shares ISA, Lifetime ISA , SIPP or Fund and Share Account
Deal now
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 pursues its objective by investing in a portfolio of care homes, predominantly in the UK, that are let to care home operators on full repairing and insuring leases that are subject to annual uplifts based on increases in the UK retail prices index (subject to caps and collars) or fixed uplifts. The Group is also able to generate up to 15% of its gross income, in any financial year, from non-rental revenue or profit related payments from care home operators under management contracts in addition to the rental income due under fully repairing and insuring leases.
Security Weight
Investment Properties 85.96%
Interest Rate Derivatives 0.29%

Top 10 sectors currently unavailable.

Country Weight
United States 85.96%

Fee Structure

NAV up to and including GBP 500m, annual 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. 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.

ASSET SPLIT

Total number of holdings: 2.

Trust Manager

Kenneth MacKenzie

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Alison FyfeChairman, Richard Cotton, James Niblett, Amanda Thompsell, Michael Brodtman

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'.