Zero portfolios continuing to prosper

Several managers of zero funds are currently funding opportunities among property investment trusts, primarily Invesco Real Estate Opportunities

Click here to download raw data Property is a running investment theme throughout the UK Zeros sector, which has seen a wide range of returns over the past three years despite only consisting of eight funds. Click here to download pdf After the market bottomed out in early 2003, managers in the sector have experienced high levels of redemptions as investors moved to other sectors. That said, consensus is that reasons for optimism remain as new issues of zero dividend preference (ZDP) shares appear on the horizon. Peer group performance, measured on a bid to bid basis over the three yea...