**Investor dealing on 1st November comprised of a redemption being fully matched against a subscription. This was taken into account in calculating the dealing price, and a Bid/Offer spread of 0.4% was applied on 1 November resulting in an Offer price of £1.0209 and a Bid price of £1.0165 for dealing purposes. The price quoted above shows the Bid/Offer pricing at the standard spread of 8.3% and excludes any impact from trading in units.
* The Fund suspended dealings from 23 April 2020 to 6 November 2020 and consequently no Offer/Bid share price has been calculated for the valuation points during this period. The Bid/Offer share price reported for 31 March 2020 is without Fair Value Pricing as there were no dealings for the 1 April 2020 Dealing Day. The Net Asset Values (NAV) from March 2020 to August 2020 were subject to material uncertainty following the Standing Independent Valuer's determination of material valuation uncertainty as per VPS 3 and VGPA 10 of the RICS Red Book Global, due to the unprecedented set of circumstances surrounding the COVID-19 Global Pandemic. Consequently, less certainty and a higher degree of caution should be attached to the NAV.
Important Notice
The information contained on this web page is provided by AEW UK Investment Management LLP solely for information purposes. It is not intended to be, nor should it be construed as, an invitation or an inducement, direct or indirect, to any person to engage in investment activity within section 21 of the UK Financial Services and Markets Act 2000. AEW UK Investment Management LLP is incorporated in the United Kingdom under Company Number OC367686 and its registered office is at 33 Jermyn Street, London SW1Y 6DN. AEW UK Investment Management LLP is authorised and regulated by the Financial Conduct Authority.
In any event, the information contained on this webpage is directed only at persons who come within the category of investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial promotion) Order 2001 (the "FPO"), who have experience of matters relating to investments; and persons falling within Article 49(2) of the FPO.
In addition, AEW UK Investment Management LLP may only deal with such persons who additionally qualify and are categorised as professional clients under the Financial Conduct Authority’s Handbook.
Persons of any other description should not rely or act upon any information in relation to the AEW UK Real Return Fund. If you are in any doubt as to whether you fall within either of these categories above you must not rely or act upon the contents of this website unless you have taken professional advice which has confirmed that you fall within one of these categories.
The information presented herein is intended solely as informative to such persons and is not for distribution. Its presentation does not constitute an offer to sell or the solicitation of an offer to buy units or shares in the fund mentioned in any jurisdiction whatsoever.
The NAV is prepared in accordance with the Statement of Recommended Practice (SORP) for the financial statements of UK authorised funds and collective investment scheme rules and the UK GAAP accounting standards.
