Foresight Capital Management (FCM), part of Foresight Group, has launched the FP Foresight Sustainable Real Estate Securities Fund.
The fund, which has received FCA regulatory approval, will invest into listed, highly liquid REITs and, with its sustainability focus, is the first U.K.-domiciled real estate fund of its kind. The fund is targeting a 4 percent income yield, and capital growth over a rolling five-year period.
Through investing in listed REITs, the fund can benefit from the resilient growth trends of real estate assets without compromising on liquidity. With a weighted average market capitalization of over £6 billion (€6.5 billion/$7.7 billion) within the portfolio, the fund has a high degree of liquidity by trading the globally listed shares of its portfolio companies and is not dependent on buying or selling physical properties.
The fund will provide investors with a globally diversified exposure to real estate, investing in companies with assets
