Trustnet Magazine Issue 48 FEBRUARY 2019 | Page 26

Your portfolio 26 / 27 ADVERTISING FEATURE PERFORMANCE OF INDICES OVER 10YRS EDISTON PROPERTY INVESTMENT COMPANY MSCI AC World (191.28%) EPIC FOR INCOME A wealth of experience The strongest support for our dividend comes from the expertise of our team. We live and breathe property. While the Ediston Property Investment Company listed on the London Stock Exchange (LSE: EPIC) in 2014, the broader Ediston business has been operating in the UK market since 2004. On average, each member of our team has more than 20 years’ experience in property investment and development. Beyond bricks and mortar When we consider any investment, our focus is always on cash flow. We want to be sure that our properties are not just paying for themselves but also paying out sustainable income for our investors. 150% “Always to be the best and distinguished above the rest.” 100% 50% 0% To do this, we look well beyond the physical buildings themselves to understand how the properties ‘live and breathe’ – how they fit into their location and their economic environment. We go to great lengths to ensure that risks to the cash flow are minimised and that occupancy rates and tenant satisfaction are maximised. We have a profound understanding of all aspects of managing real estate for the benefit of our tenants and investors. This spans the range from change-of-use applications, through to refurbishment and redevelopment, to tenant liaison, lease negotiations and rent reviews. Each of these aspects offers opportunities for improving the income stream available from property. Intensive, entrepreneurial and unconstrained Our approach to property investment is intensive and entrepreneurial. No holding in our portfolio is left to look after itself. We sweat the small stuff, and we do it at every level of the process – from developing new properties to ensuring that existing tenants are satisfied and that no potential for improvement is missed. And with no benchmark, we’re free to focus on the areas where we see the greatest potential for sustainable income and steady capital growth. We’re confident that our record of steady income and sustainable capital growth is a compelling combination. So, if you need a regular income stream from actively managed investments, we’ve got you (and your dividend) covered. ■ EDISTON PROPERTY INVESTMENT COMPANY (‘EDISTON’) IS A UK-LISTED REAL ESTATE INVESTMENT TRUST (REIT) INVESTING IN COMMERCIAL PROPERTY THROUGHOUT THE UK WWW.EPIC-REIT.COM This is a promotional document and its contents should not be construed as legal, tax, investment or other advice. Each prospective investor should make its own enquiries and consult its professional advisers as to the legal, tax, financial and other relevant matters and risks concerning any investment opportunity. Whilst information contained in this document is believed to be accurate at the date of publication, it is subject to change and does not purport to provide a complete description of Ediston Property Investment Company Plc (the “Company”) or its future prospects or performance. Any forecast, projection or target is indicative only and not guaranteed. In particular, the payment of dividends and the repayment of capital are not guaranteed. Past performance is not a reliable indicator of future performance - the value of a stock market investment and any income from it can fall as well as rise and investors may not get back the amount invested. The Company invests in property assets which can be highly illiquid, typically do not grow at an even rate of return and may decline in value, all of which may have a negative impact on the value of the Company. To the fullest extent permitted by law, The Company, Ediston Investment Services Limited and their respective directors, advisers or representatives shall not have any responsibility or liability whatsoever for any loss (whether direct or indirect) arising from the use of this documents or its contents. Issued and approved by Ediston Investment Services Limited which is authorised and regulated by the Financial Conduct Authority (FRN:706655) -50% — Homer Ediston currently offers a 5.4%* annual yield. Our income payments stem from a diversified portfolio of properties, helping the sustainability of the overall dividend. We have maintained the dividend since the inception of the fund, and we expect it to grow in future. The dividend is also well covered – meaning there’s something in reserve if underlying earnings fluctuate. *as at 31st December 2018 200% A growing dividend 250% If you’re looking for monthly income, you want it to be built on firm foundations. At Ediston, we take that seriously – and literally. All of our investments are in properties we know inside out and from top to bottom. This in-depth understanding of our investments assures us that the income we provide to our investors is as solid and secure as it can be. That’s why we’re able to pay a highly competitive dividend in monthly instalments – allowing our investors to rely on a steady income stream to cover everyday expenses. MSCI China (167.90%) Source: FE Analytics China While you can diversify away the threat from Brexit by investing in overseas companies, and even UK-listed multi-nationals, what is much harder to hedge against is a global recession – especially with valuations looking stretched. Most experts say this is likely to come from one of three sources, with the first of these the situation in China. Andrew Herberts, head of UK private investment management at Thomas Miller Investment, points out that while the official numbers out of China should be treated with a degree of scepticism, even these suggest a fairly worrying slowdown. “If you dig down into the underlying figures, it is looking pretty weak,” he explains. “We have been worried about debt levels in China for some time and it has always been manageable, but you worry about how much bad debt is being hidden by the system.” “There is an outside risk there is a big default and you see the Chinese banking system struggle and start a recession. Anything that drags China back is going to be big globally.” trustnet.com