Pension
FACT BOX
MANAGERS : Andrew Cowley & Mahesh Patel / LAUNCHED : 07 / 03 / 2017 / DISCOUNT / PREMIUM : -13.0 % / OCF : 1.53 %
CROWN RATING
N / A
Most income investors will be more concerned with how much income they will receive today rather than tailwinds in 2036 . However , Cowley noted the dividend yield of 7.1 % is about twice that of 10-year gilts . Winterflood named Impact Healthcare REIT as its pick in the UK care home market , saying : “ Its dividend has been fully covered by adjusted earnings for the last two financial years and the trust has delivered dividend growth every year since launch . Whilst the recent revelation that one of its tenants is in arrears may concern investors , we do not expect any cut to its dividend .”
Performance of trust vs sector since launch
IT Property - UK Healthcare ( 1.25 %)
Impact Healthcare REIT ( 19.37 %)
60 % |
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50 % |
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40 % |
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30 % |
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20 % |
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10 % |
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0 % |
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-10 % |
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Apr17 |
Oct |
Apr18 |
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Apr19 |
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Apr20 |
Oct |
Apr21 |
Oct |
Apr22 |
Oct |
Source : FE Analytics
Issue 94 - April 2023 / 45 /