Praetorian Property Fund

Price | 17-Oct

3.05

2017 Return *

▲10.51%

2016 Return *

▼-10.68%

2015 Return *

▼-11.71%

2014 Return *

▼-1.41%

Currency

TTD

* Returns are bid-bid with the reinvestment of distributions (unannualized).

The fund's price is adjusted for the distributions reinvested on the Reinvestment Date.   Distributions are accrued according to the fund's Accrual Frequency.   Price data are forward-filled on weekends, holidays and other no-quote days.   Returns are not load-adjusted. Bid-to-Bid return is used where applicable.   The Growth of $10,000 (y-axis) is shown using a logarithmic scale.


Special Notes

This fund has two portfolio managers - Guardian Asset Management Limited and RBTT Trust Limited.


Fund Description

The Praetorian Property Fund is a property mutual fund domiciled in Trinidad and Tobago. The fund was launched in 2002 and manages an estimated $233.6 million (TTD) in assets (as at 2017-03-31).

According to the fund's prospectus, its investment objective is "to achieve a premium over the risk free date by generating income and capital appreciation over the long term through investment in real property, in Trinidad and Tobago and the Caribbean region ("the Region"). In furtherance of this objective and to provide a degree of diversification, the Fund will adopt a rigorous approach to investment in a sensibly allocated real estate portfolio, as well as shares of companies whose main purpose is investment in real property, property mutual funds, debt securities and money market instruments. However, there can be no assurance that the Fund's investment objective will be achieved."

The fund's trustee is RBTT Trust Limited.



Stewardship

Trustee RBTT Trust Limited
Manager NA
Administrator NA
Sponsor NA
Advisor NA

Fund Details

Fund Status: Active
Asset Category: Property
Peer Group: Property Funds - TTD
Sub-Peer Group: None
Benchmark: None
Domicile: Trinidad and Tobago
Currency: Trinidad and Tobago Dollar
NAV Type: Listed Price
Minimum Investment: None
Minimum Add. Investment: None
Distrib. Frequency: None Specified
Distrib. Accrual Frequency: None Specified
Fractional Units Allowed: No
Share Type: Closed End
Inception Date: Nov. 22, 2002
Assets Under Mgmt: TTD $233,570,502.00 (Mar 31, 2017)